Enter multiple symbols separated by commas

Michael Kors: The Lauder family made New York

Known across the world for their beauty brand Estee Lauder, the Lauder family should also be recognized for their contribution to New York City, said fashion designer Michael Kors.

The city would be very different without the family's investment, according to Kors, with the Museum of Modern Art benefiting in particular from the Lauder family's philanthropic efforts.

Read MoreFamily affair: Who will run the Lauder dynasty?

Designer Michael Kors walks the runway at the Michael Kors fashion show during Mercedes-Benz Fashion Week Fall 2014, New York
Neilson Barnard I Getty Images for Michael Kors
Designer Michael Kors walks the runway at the Michael Kors fashion show during Mercedes-Benz Fashion Week Fall 2014, New York

"I grew up also in the New York area… Think about what New York would be without (the Lauder) family," Kors told Tania Bryer on CNBC Meets. "What would be the condition of the museums, what would be happening at the hospitals, what would be happening in the arts? And not just here in New York - all over the world."

Kors is an old friend of Aerin Lauder, the granddaughter of Estee Lauder, who is now creative director of Estee Lauder Companies. The group's brands include certain Michael Kors assets along with numerous others including Aveda, Bobbi Brown, Clinique and Tom Ford.

Read MoreMichael Kors stock not as haute as before

The designer added that Ronald Lauder, Estee Lauder's son, had even started his own museum – the Neue Galerie in New York – as a result of his passion for Austrian and German art.

"I mean he's been involved with so many things, so many layers of philanthropy," Kors added.

William Lauder, currently the executive chairman of the cosmetic giant, said the philanthropic gene "runs deep and wide" in the family.

Read MoreGucci CEO confident about future of luxury

He said he was very proud of Aerin Lauder's commitment to philanthropy. Her lifestyle brand, AERIN, launched in 2012, is supporting the current show at The Metropolitan's Museum of Art's Costume Institute.

"Aerin is able to do this because of her success. Philanthropy is something you are able to do only when you are successful," Lauder added. That gives you great pleasure to give back, and that's a value system that's been a part of our family for many generations."

Contact CNBC Meets

  • Showtimes

    EMEA (CET)

    Wednesday 25 March 23:00

    Saturday 28 March 23:30

    Sunday 29 March 18:30

    Wednesday April 22 23:00

    Saturday April 25 23:30

    Sunday April 26 18:30

    Wednesday May 20 23:00

    Saturday May 23 23:30

    Sunday May 24 18:30

    CNBC World (EST)

    Saturday March 28 22:00

    Sunday March 29 16:30

    Saturday April 25 22:00

    Sunday April 26 16:30

    Saturday May 23 22:00

    Sunday May 24 16:30

    Asia (SIN/HK)

    Saturday March 28 17:30

    Sunday March 29 19:30

    Saturday April 25 17:30

    Sunday April 26 19:30

    Saturday May 23 17:30

    Sunday May 24 19:30

  • Tania Bryer is a guest presenter and executive producer of CNBC Meets. In this series, she profiles some of the world’s most successful business people to find out what makes them tick. Bryer previously worked for BBC and Sky Television.