The Daily Beast Latest Articles | Billionaire Media Mogul Donald E. Newhouse Dies at 96 by Cameron Adams

AI generated summary, Read the full article for complete information.

Billionaire media mogul Donald E. Newhouse, former board chairman of The Associated Press and head of Advanced Publications’ newspaper group and the Star‑Ledger, died at age 96 at his New Jersey home. He and his older brother Si inherited their father Samuel’s media empire—originating with the Staten Island Advance in 1922 and later becoming one of the world’s largest privately held media conglomerates—though Donald managed the newspaper and cable assets while Si oversaw Condé Nast’s magazines such as Vogue, Vanity Fair and The New Yorker. Anna Wintour praised Newhouse for his energetic, supportive counsel and his commitment to preserving editorial independence, noting that he infused Advance with “spirit, ambition, trust and real care for people.” Forbes estimates the Newhouse family’s net worth at about $24 billion. He is survived by his eldest son Steven, co‑president of Advance Publications, another son Michael, daughter Katherine Mele, and his late wife Susan, who passed away in 2015.

Read more: https://www.thedailybeast.com/billionaire-media-mogul-donald-e-newhouse-dies-at-96/

#DonaldNewhouse #SamuelNewhouse #CondNast #Forbes #AdvancePublications #AnnaWintour #KatherineMele