Rank #208
Donald Newhouse
Net worth $14.4B
Media · United States
- Born
- Aug 05, 1929
- Age
- 96
- Source
- Media
- Residence
- New York, New York
- Citizenship
- United States
- Marital status
- Widowed
- Children
- 3
- Education
- Drop Out, Syracuse University
Net worth over time
Biography
- Donald Newhouse and his late brother, Samuel "Si" inherited the publishing and broadcasting empire Advance Publications decades ago.
- Donald long oversaw the newspaper business that his father Sam built up from the daily Staten Island Advance.
- His brother, Si, who ran magazine publisher Conde Nast for years, died in October 2017.
- Advance Publications also has stakes in Warner Bros. Discovery and social news site Reddit.
- Amid a tumultuous media environment, Conde Nast sold W Magazine, Brides and Golf Digest in 2019; it laid off 100 employees in May 2020.
- In 2016, 67 years after he left Syracuse U. to join his father's business, Newhouse returned to receive an honorary degree and deliver the commencement speech.
- In 2020 his foundation gave $75 million to Syracuse's communications school, the college's largest gift ever.
Financial assets
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