Samuel Irving Newhouse Jr.
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Samuel Irving "S.I." Newhouse Jr. (November 8, 1927 – October 1, 2017) was an American heir to a substantial magazine and media business. Together with his brother Donald, he owned Advance Publications, founded by their late father in 1922, whose properties include Condé Nast (publisher of such magazines as Vogue, Vanity Fair, and The New Yorker), dozens of newspapers across the United States (including The Star-Ledger, The Plain Dealer, and The Oregonian), former cable company Bright House Networks, and a controlling stake in Discovery Communications.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Early life
He was the son of Mitzi (née Epstein) and Samuel Irving Newhouse Sr., the founder of Advance Publications.<ref>Staff. "Samuel I. Newhouse, Publisher, Dies at 84; Samuel I. Newhouse, Builder of an Empire in Newspapers and Broadcasting, Is Dead at 84 Relatives on the Payroll Some Takeover Bids Resisted Newhouse Beneficiaries Payment on a Bad Debt Newhouse Publications and Broadcast Stations", The New York Times, August 30, 1979.</ref> Sam Newhouse Sr. had been the young editor of the Bayonne Times. When he asked the owner of the Times for a raise he had long deserved, he was refused. Sam then quit the Times to become associated with the Staten Island paper that formed the basis of his publication future, the Staten Island Advance and Advance Publications, respectively. Newhouse attended the Horace Mann School in New York City.<ref name=":0">Template:Cite news</ref> He later attended Syracuse University, but dropped out and began working at his father's newspapers.<ref name=":0" />
Career
After dropping out of Syracuse University, Newhouse worked for the International News Service in Paris.<ref name=":1">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> He served two years in the U.S. Air Force before going to Harrisburg, Pennsylvania to oversee two of his father's daily newspapers.<ref name=":1" /> In 1964, he became publisher of the U.S. edition of Vogue<ref name=":1" /> and in 1975, he took over as chairman of Condé Nast.<ref name="guardian" /> In 1985, he purchased The New Yorker.<ref name="guardian" />
Prior to his death, he had an estimated net worth of $9.5 billion, and he was ranked the 46th richest American by Forbes in 2014.<ref name="Forbes">Samuel Newhouse Jr. – Forbes September 2015</ref>
Newhouse gave money to charity, including $15 million to Syracuse University in 1962.<ref>Template:Cite news</ref> He was also an art collector,<ref>Template:Cite book</ref> who at one time owned one of the most valuable paintings in the world, a Jackson Pollock drip painting, No. 5, 1948.<ref>Template:Cite news</ref> Newhouse was listed by Art News as among the top 200 art collectors in the world.<ref>Newhouse reference Template:Webarchive, artnews.com; accessed October 13, 2017.</ref>
Personal life and death
Newhouse was Jewish.<ref>Template:Cite news</ref> In 1951, he married Jane Franke, with whom he had three children: Samuel I. Newhouse III, Wynn Newhouse (1954–2010), and Pamela Newhouse Mensch.<ref name="guardian"/> Franke and Newhouse divorced in 1959, despite disapproval from his parents.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> In 1973, Newhouse married Victoria Carrington Benedict de Ramel.<ref name="guardian" />
In 2006, Newhouse established the Wynn Newhouse Awards, an annual award program that provides grants to artists with disabilities.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
Newhouse's grandson, Samuel I. Newhouse IV, appeared in the documentary Born Rich.<ref>Sam Dangremond, "How Born Rich Launched Ivanka Trump and Burned Nearly Everyone Else", Town and Country Magazine, May 10, 2017.</ref>
Newhouse died on October 1, 2017, at the age of 89.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref><ref name="guardian">Template:Cite news</ref>
References
Further reading
- 1927 births
- 2017 deaths
- American art collectors
- American billionaires
- American mass media owners
- American newspaper publishers (people)
- American Jews
- American people of Austrian-Jewish descent
- American people of Belarusian-Jewish descent
- Philanthropists from New York (state)
- Condé Nast people
- Horace Mann School alumni
- Businesspeople from Manhattan
- Newhouse family
- 20th-century American businesspeople