Estee Lauder Chairman Emeritus Leonard Lauder Dies at 92

He was the son of company founders Estee Lauder and Joseph Lauder.

Honoree Leonard Lauder accepts the Nat King Cole Award onstage during WCRF's "An Unforgettable Evening" presented by Saks Fifth Avenue at the Beverly Wilshire Four Seasons Hotel in Beverly Hills, Calif., on Feb. 16, 2017. Matt Winkelmeyer/Getty Images for WCRF

NEW YORK—Leonard Lauder, a renowned philanthropist who expanded the family cosmetics business into a worldwide empire, has died at the age of 92.

Estee Lauders Cos. announced the news in a release on Sunday and said he died on Saturday surrounded by family.