Leonard Lauder
Art collection: $800 million
Chairman of Estee Lauder, founded by his mother. Has one of the finest private collections of Cubist art in the world. Collection said to include Picasso's 1909 "Nude Woman in an Armchair" (pictured) and Braque's "Fruit Dish and Glass." Got his start collecting postcards and posters as a child; gifted his collection of 25,000 20th century Japanese postcards to the Boston Museum of Fine Arts in 2002. Chairman emeritus of the Whitney Museum of Modern Art, gave them $131 million in 2008.
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