Estée Lauder Companies boss has a $4m gift for University of Pennsylvania students

William Lauder donated the large sum to the US-based university's leadership programme

William Lauder – Executive Chairman of Estée Lauder Companies – has gifted $4m to the University of Pennsylvania.

William Lauder

The donation will go to the William P. Lauder Wharton Leadership Fellows Program, a scheme that sees second-year MBA students mentor first-year students to develop their potential.

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