Leonard Lauder, billionaire heir to cosmetics empire, dies at 92 | CNN Business

CNN  — 

Leonard Lauder, the eldest son of cosmetics pioneers Estée and Joseph H. Lauder and the former head of cosmetics giant Estée Lauder Companies, died on Saturday, according to an announcement by the company. He was 92.

“Throughout his life, my father worked tirelessly to build and transform the beauty industry, pioneering many of the innovations, trends, and best practices that are foundational to the industry today,” Leonard’s son William P. Lauder, who serves as chairman of the company’s board of directors, said in the statement.

Born to a Jewish family in

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