Overview
- Lauder joined Estée Lauder in 1958 and led the company for nearly four decades.
- He expanded the beauty empire with acquisitions and led its public listing and global expansion.
- Annual revenue grew from $800,000 to more than $7 billion under his leadership.
- He established the Alzheimer’s Drug Discovery Foundation in honor of his mother’s battle with Alzheimer’s.
- He originated the ‘Lipstick Index’ to highlight shifts in consumer spending during recessions.