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Estée Lauder (businesswoman)

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Nationality
  
United States

Role
  
Businesswoman

Name
  
Estee Lauder

Known for
  
Cosmetics


Estee Lauder (businesswoman) ihuffpostcomgen1219237thumbsoESTEELAUDER5

Full Name
  
Josephine Esther Mentzer

Born
  
July 1, 1908 (
1908-07-01
)
Corona, QueensNew York City U.S.

Occupation
  
Co-founder of Estee Lauder Companies

Parent(s)
  
Max MentzerRose Schotz Rosenthal

Died
  
April 24, 2004, Manhattan, New York City, New York, United States

Children
  
Ronald Lauder, Leonard A. Lauder

Grandchildren
  
Aerin Lauder, William P. Lauder, Jane Lauder

Spouse
  
Joseph Lauder (m. 1942–1982), Joseph Lauder (m. 1930–1939)

Similar People
  
Ronald Lauder, Aerin Lauder, Leonard A Lauder, Evelyn Lauder, William P Lauder

Organizations founded
  
Estee Lauder Companies

Estée Lauder (/ˈɛst ˈlɔːdər/; July 1, 1906 or July 1, 1908 – April 24, 2004) was an American businesswoman. She was the co-founder, along with her husband, Joseph Lauter (later Lauder), of Estée Lauder Companies, her eponymous cosmetics company. Lauder was the only woman on Time magazine's 1998 list of the 20 most influential business geniuses of the 20th century. She was the recipient of the Presidential Medal of Freedom. She was inducted to the Junior Achievement U.S. Business Hall of Fame in 1988.

Contents

Early life

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Lauder was born in Corona, Queens, New York City, the second child born to Rose (Schotz) Rosenthal and Max Mentzer. Her parents were Hungarian Jewish immigrants, her mother from Sátoráljaújhely and her father from Holice (now in Slovakia). Rose emigrated from Hungary to the United States in 1898 with her five children to join her then husband, Abraham Rosenthal. But, in 1905, she married Max Mentzer, a shopkeeper who had also immigrated to the United States in the 1890s. When their daughter was born, they wanted to name her Eszti, after her mother's favorite Hungarian aunt, but decided at the last minute to keep the name "Josephine", which they had agreed upon. Immediately though, the baby's nickname became "Estee", and which is what she grew up responding to. Eventually, when she launched her perfume empire with her husband, she added accent mark to make her name sound French and began pronouncing it the way her father pronounced it in his Hungarian accent. She attended Newtown High School in Elmhurst, Queens, New York, and much of her childhood was spent trying to make ends meet. Like most of her eight siblings, she worked at the family's hardware store, where she got her first taste of business, of entrepreneurship, and what it takes to be a successful retailer. Her childhood dream was to become an actress with her “name in lights, flowers and handsome men."

Career

Estée Lauder (businesswoman) Estee Lauder Biography Childhood Life Achievements amp Timeline

When Estée grew older, she agreed to help her uncle Dr. John Schotz, a chemist, with his business. His company, New Way Laboratories, sold beauty products such as creams, lotions, rouge, and fragrances. She became more interested in his business than her father's. She was fascinated watching her uncle create his products. He also taught her how to wash her face and do facial massages. After graduating from Newtown High School, she focused on her uncle's business. She named one of his blends Super Rich All-Purpose Cream and began selling his products to her friends. She sold creams like Six-In-One Cold Cream and Dr. Schotz's Viennese Cream to beauty shops, beach clubs and resorts. One day, as she was getting her hair done at the House of Ash Blondes, the salon's owner Florence Morris asked Lauder about her perfect skin. Soon, Estée returned to the beauty parlor to hand out four of her uncle's creams and demonstrate their use. Morris was so impressed, she asked Lauder to sell her products at her new salon.

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In 1953, Lauder introduced her first fragrance, Youth Dew, a bath oil that doubled as a perfume. Instead of using French perfumes by the drop behind each ear, women began using Youth Dew by the bottle in their bath water. In the first year, it sold 50,000 bottles, and by 1984, the figure had jumped to 150 million.

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Lauder was a subject of a 1985 TV documentary, Estée Lauder: The Sweet Smell of Success. Explaining her success, she said, "I have never worked a day in my life without selling. If I believe in something, I sell it, and I sell it hard."

Estée Lauder (businesswoman) Este Lauder businesswoman Wikipedia

Lauder was honored by the French Government. She received the Knight class of the Legion of Honour from the Consul General of France, Gerard Causer. She was the first woman to receive the Chevalier Commendation, always given to men, on 16 January 1978.

Personal life

She met Joseph Lauter when she was in her early 20s. On January 15, 1930, they married. The surname was later changed from Lauter to Lauder. Their first child, Leonard, was born March 19, 1933. The couple separated in 1939 and she moved to Florida, but they remarried in 1942. Their second son, Ronald, was born in 1944. Estée and Joseph Lauder remained married until his death in 1982.

Estée Lauder (businesswoman) wwwthefamouspeoplecomprofilesimagesesteelaud

Leonard became the chief executive of Estée Lauder and then chairman of the board. Ronald was a Deputy Assistant Secretary of Defense in the Reagan administration and was U.S. Ambassador to Austria in 1986–87.

Death

At age 95 (or 97), Lauder died of cardiopulmonary arrest on April 24, 2004 at her home in Manhattan.

References

Estée Lauder (businesswoman) Wikipedia