Estée Lauder, a name synonymous with luxury cosmetics, was not just a businesswoman; she was a pioneer who revolutionized the beauty industry. Born Josephine Esther Mentzer in 1908, her journey began in the bustling borough of Queens, New York. Lauder's life story is not merely about cosmetics; it’s about ambition, innovation, and the relentless pursuit of success. As the founder of Estée Lauder Cosmetics Inc., she became the richest self-made woman in the world. Her journey is an inspiration for many aspiring entrepreneurs.
Who Was Estée Lauder?
Estée Lauder was an American beautician and business executive who started a beauty company with a skin cream developed by her chemist uncle. After years of selling products on her own, she officially formed Estée Lauder Cosmetics Inc. in 1946. In 1953, her Youth Dew beauty oil took her company to a new level of success. Lauder was as innovative with her marketing strategies as her cosmetic products, eventually making her the richest self-made woman in the world.
Early Life
Estée Lauder was born Josephine Esther Mentzer in Queens, New York. Her birth date is usually given as July 1, 1908, but there has been some speculation that she was actually born two years earlier in 1906. Coming from a family of Jewish immigrants—her mother was Hungarian and her father was Czech—Lauder showed her interest in beauty at an early age. She loved to brush her mother’s long hair and apply creams to her face.
Through her uncle, a chemist, Lauder learned how to make her own beauty creams. She was only a teenager when she started selling her products at local hair salons. Lauder marketed her wares as “jars of hope” and even gave out free samples, which sparked her early entrepreneurial spirit.
In 1930, she married Joseph H. Lauter (later Lauder), a businessman in the garment industry. The couple welcomed their first child, son Leonard, in 1933. Not letting motherhood slow her down, Lauder continued to develop her beauty business. She divorced her husband in 1939, but the pair remarried three years later. In 1944, Lauder gave birth to the couple's second son, Ronald.
Estée Lauder Cosmetics Inc.
After years of operating her cosmetics business, Lauder made it official in 1946 by forming the corporation that still bears her name today. She and her husband were the entire company at the time, offering only a handful of products made in the kitchen of a former restaurant. The following year, Lauder had a career breakthrough, landing her first department store order for her cosmetics. Saks Fifth Avenue ordered $800 in her products, which sold out in two days!
In 1953, Lauder launched her Youth Dew product. This bath oil also doubled as a perfume and it quickly became a big hit with consumers. The business continued to thrive over the next decade, expanding to overseas markets and launching men's product line Aramis and the Clinique brand.
Later Career
As a result of her intense drive and ambition, Lauder became one of the richest self-made women in the world. She ran in elite social circles, attending parties thrown by the likes of Nancy Reagan. Lauder also enjoyed warm relations with royal figures such as Wallis Simpson, Duchess of Windsor, and actress Grace Kelly, known as Princess Grace of Monaco.
In 1973, Lauder reduced her role in the company's day-to-day operations. She resigned her post as president but stayed on as the company’s chairman of the board. Her oldest son Leonard took over running the family business. Lauder suffered a terrible loss in 1983 with the death of her beloved husband Joseph. In his honor, she established the Joseph H. Lauder Institute of Management and International Studies at the University of Pennsylvania.
In her later life, Lauder devoted much of her time to her philanthropic efforts. She died in New York City on April 24, 2004. The company that she built still remains in the family. Her oldest son Leonard is the chairman emeritus of the Estée Lauder Companies; her younger son Ronald is the chairman of Clinique Laboratories, LLC, and her grandson William Lauder is the executive chairman of the Estée Lauder Companies.
Key Takeaways
What You Will Learn
- Estée Lauder's Early Passion: She showed interest in beauty from a young age, learning to create beauty products through her chemist uncle.
- Innovative Marketing: Lauder's marketing strategies, including giving away free samples, helped her become a household name.
- Business Breakthrough: The launch of Youth Dew in 1953 marked a significant turning point in her company's success.
- Philanthropic Legacy: Lauder's later years were dedicated to philanthropy, leaving a lasting impact beyond the beauty industry.
James Baldwin: A Beacon Of Civil Rights And Literary Brilliance
Rosanne Cash: A Journey Through Music And Legacy
The Life And Legacy Of Joaquín “El Chapo” Guzmán