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Heir to the Estée Lauder cosmetics fortune Leonard Lauder died June 14 at 92, the beauty conglomerate announced.

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Leonard Lauder, CEO emeritus of the multibillion-dollar Estée Lauder beauty empire founded by his parents and named after his mother, has died. He was 92.

Leonard Lauder, the eldest son of cosmetics pioneers Estée and Joseph H. Lauder, died on Saturday, according to an announcement by Estée Lauder Companies.