Si Newhouse
   HOME

TheInfoList



OR:

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 Donald is a masculine given name derived from the Gaelic name ''Dòmhnall''.. This comes from the Proto-Celtic *''Dumno-ualos'' ("world-ruler" or "world-wielder"). The final -''d'' in ''Donald'' is partly derived from a misinterpretation of the ...
, he owned Advance Publications, founded by their late
father A father is the male parent of a child. Besides the paternal bonds of a father to his children, the father may have a parental, legal, and social relationship with the child that carries with it certain rights and obligations. An adoptive fathe ...
in 1922, whose properties include
Condé Nast Condé Nast () is a global mass media company founded in 1909 by Condé Montrose Nast, and owned by Advance Publications. Its headquarters are located at One World Trade Center in the Financial District of Lower Manhattan. The company's media ...
(publisher of such magazines as ''
Vogue Vogue may refer to: Business * ''Vogue'' (magazine), a US fashion magazine ** British ''Vogue'', a British fashion magazine ** ''Vogue Arabia'', an Arab fashion magazine ** ''Vogue Australia'', an Australian fashion magazine ** ''Vogue China'', ...
'', '' Vanity Fair'', and ''
The New Yorker ''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues ...
''), dozens of newspapers across the United States (including ''
The Star-Ledger ''The Star-Ledger'' is the largest circulated newspaper in the U.S. state of New Jersey and is based in Newark. It is a sister paper to '' The Jersey Journal'' of Jersey City, ''The Times'' of Trenton and the '' Staten Island Advance'', all of ...
'', ''
The Plain Dealer ''The Plain Dealer'' is the major newspaper of Cleveland, Ohio, United States. In fall 2019, it ranked 23rd in U.S. newspaper circulation, a significant drop since March 2013, when its circulation ranked 17th daily and 15th on Sunday. As of Ma ...
'', and ''
The Oregonian ''The Oregonian'' is a daily newspaper based in Portland, Oregon, United States, owned by Advance Publications. It is the oldest continuously published newspaper on the U.S. west coast, founded as a weekly by Thomas J. Dryer on December 4, 18 ...
''), former cable company
Bright House Networks Bright House Networks, LLC also simply known as Bright House, was an American telecom company. Prior to its purchase by Charter Communications, it was the tenth-largest multichannel video service provider and the 6th largest cable internet prov ...
, and a controlling stake in
Discovery Communications Discovery, Inc. was an American multinational mass media factual television conglomerate based in New York City. Established in 1985, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Chan ...
.


Early life

He was the son of Mitzi (née Epstein) and Samuel Irving Newhouse Sr., the founder of Advance Publications. Sam Newhouse Sr. had been the young editor of the '' Bayonne Times'' and 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. Newhouse attended the
Horace Mann School , motto_translation = Great is the truth and it prevails , address = 231 West 246th Street , city = The Bronx , state = New York , zipcode = 10471 , countr ...
in New York City. He later attended Syracuse University, but dropped out and began working at his father's newspapers.


Career

After dropping out of Syracuse University, Newhouse worked for the International News Service in Paris. He served two years in the U.S. Air Force before going to Harrisburg, Pennsylvania to oversee two of his father's daily newspapers. In 1964, he became publisher of the U.S. edition of Vogue and in 1975, he took over as chairman of Condé Nast. In 1985, he purchased the New Yorker. Prior to his death, he had an estimated net worth of $9.5 billion, and he was ranked the 46th richest American by ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' magazine in 2014.Samuel Newhouse Jr. – Forbes
September 2015
Newhouse gave money to charity, including $15 million to Syracuse University in 1962. He was also an art collector, who at one time owned one of the most valuable paintings in the world, a
Jackson Pollock Paul Jackson Pollock (; January 28, 1912August 11, 1956) was an American painter and a major figure in the abstract expressionist movement. He was widely noticed for his " drip technique" of pouring or splashing liquid household paint onto a hor ...
drip painting, titled ''
No. 5, 1948 ''No. 5, 1948'' is a painting by Jackson Pollock, an American painter known for his contributions to the abstract expressionist movement. It was sold on 22 May 2006 for $140 million, a new mark for highest ever price for a painting, not surpass ...
''. Newhouse was listed by ''
Art News ''ARTnews'' is an American visual-arts magazine, based in New York City. It covers art from ancient to contemporary times. ARTnews is the oldest and most widely distributed art magazine in the world. It has a readership of 180,000 in 124 countri ...
'' as among the top 200 art collectors in the world.


Personal life and death

Newhouse was Jewish. He was married to Jane Franke from 1951 to 1959, and they had three children, Samuel I. Newhouse III, Wynn Newhouse (died 2010), and Pamela Newhouse Mensch. His parents were deeply disappointed by the divorce. In 1973, he married
Victoria Carrington Benedict de Ramel Victoria Newhouse (''née'' Victoria Carrington Benedict) is an American architectural historian. She founded the Architectural History Foundation, a nonprofit scholarly book publisher, and is a frequent author on architecture-related subjects. ...
. His grandson, S.I. Newhouse IV, appeared in the documentary '' Born Rich''. Newhouse died on October 1, 2017, at the age of 89.


References


Further reading

* * * * * * * {{DEFAULTSORT:Newhouse, Samuel Irving Jr. 1927 births 2017 deaths Businesspeople from New York City American art collectors American billionaires American mass media owners American newspaper publishers (people) American people of Austrian-Jewish descent American people of Belarusian-Jewish descent Jewish American philanthropists Philanthropists from New York (state) Condé Nast people Horace Mann School alumni People from Manhattan Samuel Irving Jr. 20th-century American businesspeople