Donald Newhouse
New York, New York
Drop Out, Syracuse University
United States
5
media
$13,000,000,000
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2
#114 Billionaires 2019
#41 Forbes 400 2018
Donald Newhouse and his brother, Samuel "Si" inherited the publishing and broadcasting empire Advance Publications decades ago.Donald is president of Advance Publications and oversees the newspaper business that his father Sam built up from the daily Staten Island Advance.His brother, Si, who ran Conde Nast for years, died in October 2017. The company also owns social news site Reddit and a substantial stake in Discovery Communications.Amid a tumultuous media environment, Conde Nast announced it would try to sell three of its titles--Brides, W and Golf Digest--in August 2018.
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 2004 he and his late wife, Suzy, established the Susan and Donald Newhouse Center for the Humanities at Wellesley College to promote research in the humanities.
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