Donald Newhouse

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Donald Newhouse
Born
Donald Edward Newhouse

1929 (age 94–95)
New York City, NY, US
NationalityUnited States
Alma materSyracuse University
OccupationBusinessman
TitlePresident, Advance Publications
SpouseSusan Newhouse (1955–2015)
Children3
Parent(s)Samuel Irving Newhouse Sr.
Mitzi Newhouse
RelativesSamuel Irving Newhouse Jr. (brother)

Donald Edward Newhouse (born 1929) is an American heir, business magnate and philanthropist. Together with his brother Samuel, he owns Advance Publications, founded by their late father in 1922, whose properties include Condé Nast (publisher of such magazines as Vogue, Vanity Fair, The New Yorker, etc.), dozens of newspapers across the United States (including The Star-Ledger, The Plain Dealer, The Oregonian, etc.), cable company Bright House Networks and a controlling stake in Discovery Communications. According to Forbes, with an estimated net worth of $10.5 billion and the 56th richest person in the United States. He resides in New York City.

Early life

Newhouse's father, Samuel Irving Newhouse Sr., was born to Jewish immigrants on the Lower East Side of Manhattan and began the family media business.[2] His mother, Mitzi Epstein, was an arts patron and philanthropist[3] who grew up in an upper middle class Jewish family on the Upper West Side, the daughter of a silk tie importer.[4] Susan died in August 2015.[5]

Personal life

In 1955, Newhouse married Susan Marley of Syracuse,[3] the daughter of a local junk dealer turned self-made millionaire.[6]

They have three children:

  • Katherine Irene Newhouse - school teacher at the Town School in New York; married Dr. Joseph Patrick Mele in 1991.[7]
  • Michael Andrew Newhouse - assistant publisher of the Times of Trenton;[3] married Elyse Sue Applebaum in 1988.[8] Elyse's brother, Scott Applebaum, is founder and CEO of Multispark, LLC. Elyse works as the president of global development at Advance's magazine company Conde Nast International.[9]
  • Steven O. Newhouse (b. 1957) - editor of the Jersey Journal;[3] married to Gina Sanders in 1993.[10]

He has six grandchildren: Sarah, Robert, David, Andrew, Alex, and Kate.[1]

References

  1. ^ a b Donald Newhouse - Forbes August 2016
  2. ^ Bond, Shannon (1 April 2015). "Newhouse family enters cable's top tier". Financial Times. Retrieved 31 May 2017.
  3. ^ a b c d CNN Money Magazine: "THE BIGGEST PRIVATE FORTUNE Media magnates Si and Don Newhouse control a $7.5-billion empire. It's a tightly private show, but there's no hiding wealth this big" By Carol J. Loomis August 17, 1987
  4. ^ Carol Felsenthal. New York Times review of Citizen Newhouse: Portrait of a Media Merchant (1998)
  5. ^ Syracuse.com: "For Susan Newhouse, late wife of publisher Donald Newhouse, Syracuse ties ran deep" by Ken Sturtz August 15, 2015
  6. ^ Newhouse: All the Glitter, Power, & Glory of America's Richest Media Empire & the Secretive Man Behind It by Thomas Maier - May 1997, p.39
  7. ^ New York Times: "Miss Newhouse, A Teacher, Weds" August 12, 1991
  8. ^ New York Times: "Elyse Applebaum Married in Jersey" August 22, 1988
  9. ^ Campden FB: "Advance Publications daughter-in-law promoted at Conde Nast" By Jessica Tasman-Jones 5 September 2014 09:52 AM
  10. ^ New York Times: "WEDDINGS; Gina Sanders, Steven Newhouse" March 1, 1993