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Estée Lauder

Estée Lauder

Born 1908 · Age 117

American businesswoman and co-founder of The Estée Lauder Companies; pioneer in cosmetics marketing and prestige beauty brand-building.

Total Events
49
Career Span
112 years
Peak Net Worth
$500,000,000

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Life & Career Timeline

1908Age 0

Birth - Josephine Esther Mentzer

Born Josephine Esther Mentzer in Corona, Queens, New York to Hungarian Jewish mother Rose and Czech-Jewish father Max Mentzer.

7/1/1908Source
Confidence
99%
1925Age 17

Began selling uncle's creams in salons

As a teenager she learned formulations from her chemist uncle (Dr. John Schotz) and began demonstrating and selling creams at local hair salons and beauty shops.

1/1/1925Source
Confidence
80%
1927Age 19

Graduated Newtown High School (Queens)

Completed secondary education at Newtown High School in Elmhurst, Queens; then turned focus to working with her uncle on beauty formulations.

1/1/1927Source
Confidence
88%
1930Age 21

Married Joseph Lauter (Lauder)

Married Joseph Lauter (later spelled Lauder), who later worked with her running finance/operations as the business grew.

1/15/1930Source
Confidence
98%
1933Age 24

Birth of son Leonard Lauder

First child Leonard Lauder born; Leonard later became president and chairman of the company.

3/19/1933Source
Confidence
99%
1939Age 31

Separation and Divorce from Joseph Lauder

Estée and Joseph separated and divorced in 1939; she moved to Florida for a period.

1/1/1939Source
Confidence
88%
1942Age 34

Remarried Joseph Lauder

Estée and Joseph remarried in 1942; they continued to build the business together thereafter.

1/1/1942Source
Confidence
95%
1944Age 36

Birth of son Ronald Lauder

Second son Ronald Lauder born (later held government posts and company roles).

1/1/1944Source
Confidence
99%
1946Age 38

Founded Estée Lauder Cosmetics (official formation)

Formal founding of Estée Lauder Cosmetics Inc.; the company began with a small range of creams and cosmetics made in a former restaurant kitchen.

1/1/1946Source
Confidence
98%
1946Age 38

First-year sales (company)

Company grossed approximately $50,000 in its first year of operation.

1/1/1946Source
Confidence
86%
1947Age 39

First major department store order — Saks Fifth Avenue

Saks Fifth Avenue placed an early order for Estée Lauder products, reported at $800 (sold out in two days); key early distribution breakthrough.

1/1/1947Source
Confidence
75%
1947Age 39

Originated 'gift with purchase' promotion

Popularized the 'free gift with purchase' promotional strategy while selling in department stores and salons — a practice that became industry standard.

1/1/1947Source
Confidence
90%
1950Age 42

Corporate weekly sales boosted after Youth-Dew

Estée reported corporate sales increasing to about $5,000 per week following Youth-Dew's success (circa early/mid-1950s).

1/1/1950Source
Confidence
80%
1950Age 42

Late 1950s revenue milestone ~ $800,000/yr

By the late 1950s, the company was reportedly grossing about $800,000 annually.

1/1/1950Source
Confidence
80%
1953Age 45

Launched Youth-Dew bath oil/perfume

Introduced Youth-Dew, a bath oil that doubled as a perfume, which revolutionized fragrance usage and mass consumer behavior.

1/1/1953Source
Confidence
99%
1953Age 45

Youth-Dew first-year unit sales

Youth-Dew sold approximately 50,000 bottles in its first year, fueling rapid company growth.

1/1/1953Source
Confidence
88%
1956Age 48

Introduced Re-Nutriv premium product

Released Re-Nutriv, a luxury face cream composed of many rare ingredients, priced at $115 per jar (extraordinarily high at the time).

1/1/1956Source
Confidence
86%
1960Age 52

First overseas account — Harrods (London)

Expanded internationally with first department store account in London at Harrods, beginning the brand's global expansion.

1/1/1960Source
Confidence
90%
1962Age 54

Started national advertising and brand model strategy

Company began advertising (around 1962) and pioneered using a single model in campaigns — creating the 'Estée Lauder woman' and 'beauty contracts'.

1/1/1962Source
Confidence
82%
1963Age 55

Launched Aramis (men's fragrance)

Introduced Aramis, the company's first prestige men's fragrance sold in department stores, targeting male grooming market.

1/1/1963Source
Confidence
90%
1967Age 59

Introduced 24kt gold-plated refillable compact

Released a luxury 24kt gold-plated alligator refillable compact; became a collectible and brand luxury statement.

1/1/1967Source
Confidence
85%
1968Age 60

Founded Clinique with Dr. Norman Orentreich

Launched Clinique, an allergy-tested, 100% fragrance-free brand developed with dermatologist Dr. Norman Orentreich.

1/1/1968Source
Confidence
95%
1969Age 61

Moved headquarters to GM Building, 767 Fifth Avenue

Company moved its headquarters to the GM Building overlooking Central Park, preserving Estée's original office there.

1/1/1969Source
Confidence
90%
1970Age 62

First exclusive 'Estée Lauder woman' model contract (Karen Graham)

Karen Graham became the first model to sign an exclusive beauty contract with Estée Lauder, formalizing the 'Estée Lauder woman' campaign approach.

1/1/1970Source
Confidence
80%
1972Age 64

Leonard Lauder named company president

Estée reduced day-to-day management as her eldest son Leonard became president; she remained public face and guiding force.

1/1/1972Source
Confidence
92%
1977Age 69

Received Crystal Apple from Association for a Better New York

Honored with the Crystal Apple award for civic and cultural contributions in New York.

1/1/1977Source
Confidence
78%
1978Age 69

Awarded Chevalier (Knight) of the Legion of Honour (France)

Received the Chevalier class of the French Legion of Honour; reported as the first woman to receive this honor (from Consul General Gerard Causer).

1/16/1978Source
Confidence
86%
1979Age 71

Received Gold Medal of the City of Paris

Honored with the Gold Medal of the City of Paris for cultural/civic contributions.

1/1/1979Source
Confidence
75%
1982Age 74

Launched Advanced Night Repair serum

Introduced 'Night Repair', the first-ever U.S. facial serum from the company; became a long-running bestselling anti-aging product.

1/1/1982Source
Confidence
94%
1982Age 74

Leonard Lauder became CEO

Leonard Lauder ascended to chief executive officer, further transitioning daily operations from Estée to the next generation.

1/1/1982Source
Confidence
92%
1983Age 75

Death of husband Joseph Lauder

Joseph Lauder died in 1983. In his memory, their sons later established the Joseph H. Lauder Institute at UPenn.

1/1/1983Source
Confidence
96%
1984Age 76

Youth-Dew lifetime sales milestone reported

By 1984 Youth-Dew had reportedly sold approximately 150 million bottles since its 1953 launch.

1/1/1984Source
Confidence
80%
1985Age 77

Published autobiography 'Estée: A Success Story'

Released her memoir 'Estée: A Success Story' (Random House, 1985) chronicling her life and business philosophy.

1/1/1985Source
Confidence
95%
1985Age 77

Subject of TV documentary 'Estée Lauder: The Sweet Smell of Success'

Featured in a 1985 television documentary profiling her life and business career.

1/1/1985Source
Confidence
85%
1988Age 80

Inducted into Junior Achievement U.S. Business Hall of Fame

Honored for business leadership and entrepreneurship with induction into the Junior Achievement U.S. Business Hall of Fame.

1/1/1988Net Worth: $233,000,000Source
Confidence
70%
1989Age 81

Company surpassed $1 billion in sales

Estée Lauder Companies reached approximately $1 billion in annual sales, a major corporate milestone achieved under family leadership.

1/1/1989Source
Confidence
90%
1990Age 82

Launched Origins brand

Introduced Origins, a nature-and-science based line that also used freestanding boutiques in addition to department stores.

1/1/1990Source
Confidence
85%
1992Age 84

Evelyn Lauder and company launched Breast Cancer Campaign

Estée's daughter-in-law Evelyn Lauder launched the Breast Cancer Campaign (and co-created the Pink Ribbon), a major philanthropic initiative by the company.

1/1/1992Source
Confidence
95%
1994Age 86

Company acquired MAC Cosmetics

Estée Lauder Companies added MAC Cosmetics to its portfolio as part of growth by acquisition strategy.

1/1/1994Source
Confidence
88%
1995Age 87

Estée retired; granted title Founding Chairwoman

Estée Lauder retired from day-to-day company duties and assumed an honorary role as founding chairwoman while her children took executive control.

1/1/1995Net Worth: $500,000,000Source
Confidence
60%
1995Age 87

Estée Lauder Companies IPO on NYSE

The company went public on the New York Stock Exchange at $26/share (pre-split), the IPO raised more than $450 million and the firm was valued around $2.9 billion at float.

11/17/1995Net Worth: $500,000,000Source
Confidence
65%
1997Age 89

Acquired Aveda (brand added)

Estée Lauder Companies expanded its portfolio with Aveda, the plant-based hair and skin care brand (acquisition/portfolio addition reported in the late 1990s).

1/1/1997Source
Confidence
82%
1999Age 91

Acquired Jo Malone London

Company added Jo Malone London to its brand portfolio (acquisition reported in the late 1990s).

1/1/1999Source
Confidence
78%
2004Age 95

Awarded Presidential Medal of Freedom

Listed as a recipient of the Presidential Medal of Freedom in 2004 (reported in sources); timing relative to death noted in sources.

1/1/2004Source
Confidence
60%
2004Age 95

Died in Manhattan

Estée Lauder died of cardiopulmonary arrest at her Manhattan home on April 24, 2004.

4/24/2004Net Worth: $500,000,000Source
Confidence
95%
2010Age 102

Company acquisition - Smashbox (posthumous company milestone)

After Estée's death, the company continued acquisitions such as Smashbox in 2010 (included to show company legacy and growth originating from Estée's founding).

1/1/2010Source
Confidence
80%
2016Age 108

Company acquisition - Too Faced and Kilian (company expansion)

Estée Lauder Companies continued expansion with acquisitions such as Too Faced (2016 acquisition era) and Kilian Paris, reflecting long-term legacy.

1/1/2016Source
Confidence
75%
2020Age 112

Company sustainability milestone — NetZero operations

Estée Lauder Companies announced achieving NetZero carbon emissions for direct operations and sourcing 100% renewable energy for direct operations (company legacy continuation).

1/1/2020Source
Confidence
70%
2020Age 112

Lauder family estimated net worth (family-level)

Lauder family holdings (descendants of Estée) estimated by sources at around $40 billion (2020 estimate) reflecting value built from Estée's company.

1/1/2020Source
Confidence
70%