Donald Newhouse
$17.1B
Born
Aug 05, 1929
Age
96
Source of Wealth
Media
Residence
New York, New York
Citizenship
United States
Marital Status
Widowed
Children
3
Education
Drop Out, Syracuse University
- 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.
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