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Samuel Irving Newhouse Jr.
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.[2]
Samuel Irving Newhouse Jr.
BornNovember 8, 1927
New York City, New York, U.S.
DiedOctober 1, 2017 (aged 89)
New York City, New York, U.S.
NationalityAmerican
OccupationPublisher
Net worthUS$13 billion (August 2016)[1]
TitleChairman Emeritus, Condé Nast
Spouse(s)Jane Franke (1951–1959)
Victoria Newhouse (1973–2017)
Children3
Parent(s)Samuel Newhouse Sr.
Mitzi Newhouse
RelativesDonald Newhouse (brother)
Early life
He was the son of Mitzi (née Epstein) and Samuel Irving Newhouse Sr., the founder of Advance Publications.[3] 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.[which?] Newhouse attended the Horace Mann School in New York City.[4] He later attended Syracuse University, but dropped out and began working at his father's newspapers.[4]
Career
After dropping out of Syracuse University, Newhouse worked for the International News Service in Paris.[5] He served two years in the U.S. Air Force before going to Harrisburg, Pennsylvania to oversee two of his father's daily newspapers.[5] In 1964, he became publisher of the U.S. edition of Vogue[5] and in 1975, he took over as chairman of Condé Nast.[6] In 1985, he purchased the New Yorker.[6]
Prior to his death, he had an estimated net worth of $9.5 billion, and he was ranked the 46th richest American by Forbes magazine in 2014.[1]
Newhouse gave money to charity, including $15 million to Syracuse University in 1962.[7] He was also an art collector,[8] who at one time owned one of the most valuable paintings in the world, a Jackson Pollock drip painting, titled No. 5, 1948.[9] Newhouse was listed by Art News as among the top 200 art collectors in the world.[10]
Personal life and death
Newhouse was Jewish.[11] 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.[6] His parents were deeply disappointed by the divorce.[12] In 1973, he married Victoria Carrington Benedict de Ramel.[6] His grandson, S.I. Newhouse IV, appeared in the documentary Born Rich.[13]
Newhouse died on October 1, 2017, at the age of 89.[14][6]
References
  1. ^ a b Samuel Newhouse Jr. – Forbes September 2015
  2. ^ "Si Newhouse Passes Away at Age 89". Vogue. Retrieved October 13, 2017.
  3. ^ 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.
  4. ^ a b Hajela, Deepti (1 October 2017). "S.I. Newhouse Jr., low-profile publisher of high-profile magazines, dies at 89". The Washington Post.
  5. ^ a b c Arnold, Laurence. "'Si' Newhouse, billionaire publisher of Vogue and GQ, dies at 89". chicagotribune.com. Retrieved 2019-10-18.
  6. ^ a b c d e Horwell, Veronica (October 2, 2017). "Si Newhouse obituary". Retrieved October 7, 2017 – via theguardian.com.
  7. ^ "Separate School: Newhouse Unit Formed at SU". The Post-Standard. 5 June 1971. p. 5. Retrieved 28 December 2020 – via Newspapers.com .
  8. ^ Felsenthal, Carol (1998). Citizen Newhouse: Portrait of a Media Merchant. Seven Stories Press. ISBN 1-888363-87-8.
  9. ^ Vogel, Carol (November 2, 2006). "A Pollock Is Sold, Possibly for a Record Price". The New York Times.
  10. ^ Newhouse reference Archived 2010-10-25 at the Wayback Machine, artnews.com; accessed October 13, 2017.
  11. ^ AP. "Media titan Samuel 'Si' Newhouse is dead at 89". www.timesofisrael.com. Retrieved 2020-05-31.
  12. ^ "Citizen Newhouse". archive.nytimes.com. Retrieved 2018-08-10.
  13. ^ Sam Dangremond, "How Born Rich Launched Ivanka Trump and Burned Nearly Everyone Else", Town and Country Magazine, May 10, 2017.
  14. ^ Meyersohn, Nathaniel. "Magazine legend Si Newhouse, publisher of Vogue, dies at 89". cnn.com. Retrieved October 7, 2017.
Further reading
Last edited on 21 April 2021, at 16:19
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