Lauder’s Legacy
April 28, 2013 in Good News, Philanthropy

Leonard Lauder: “You can’t put together a good collection unless you are focused, disciplined, tenacious and willing to pay more than you can possibly afford.”
Who knew that Leonard Lauder’s donation of $131 million to the Whitney Museum of American Art was just a warm up act? The main event: Giving his prized private collection of Cubist art to the Metropolitan Museum of Art in New York. The gift is estimated to be worth $1 billion. Lauder is the son of Estee Lauder and the former CEO of the famous cosmetics brand.
In a single gesture of giving, Lauder has transformed one of New York’s great cultural institutions. No one is more aware of this than Thomas Campbell, the Met’s director. The Met is one of the world’s great museums. Although it has many treasures, it lacks a world class gallery of early twentieth century art. That is, until April when Lauder announced his donation. Read the rest of this entry →







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