Businessman and art collector, Leonard Lauder, is adding to his already extensive business portfolio.
The 86-year-old son of Estée Lauder has revealed he is working on a book detailing the story of his parents’ company, as well as all of the business lessons he has learnt.
“I have been blessed with a wonderful life,” he told WWD. “In my business career and my personal life, I have had challenging and exciting experiences and been surrounded by outstanding people. I want to tell the unique story of my mother and father, the company they founded, and all we have accomplished.
I want to convey the business lessons I’ve learnt in the hopes that they can guide others. I want to tell the story of my philanthropy and my art collecting. For years, I have been asked to do this; now is the time.”
Lauder joined the family firm in 1958 at age 25 when it was generating US$800,000 in sales. Today, Estée Lauder Cos. Inc. markets 29 brands and it has a distribution reach of more than 150 markets, with an annual sales reach of more than US$14 billion.
A publication date has not been set, but stay tuned to BD for more info.
