Samuel Irving Newhouse, Jr.

Samuel Newhouse, Jr.
Born Samuel Irving Newhouse, Jr.
November 8, 1927
New York City, NY, US
Residence New York City, NY, US
Nationality United States
Ethnicity Jewish
Occupation Chairman of Condé Nast
Net worth Decrease US$ 9 billion (March 2015)[1]
Religion Judaism
Spouse(s) Jane Franke (1951–1959)
Victoria Newhouse (1973–present)
Children 3
Parent(s) Samuel Newhouse, Sr.
Mitzi Newhouse
Relatives Donald Newhouse (brother)

Samuel Irving "Si" Newhouse, Jr. (born November 8, 1927), is an American heir, business magnate and philanthropist. Together with his brother Donald, 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 $9.5 billion, Newhouse is the 10th richest resident of New York and the 52nd richest person in the United States. He resides in New York City with his wife.

Biography

He is the son of Mitzi (Nee Epstein) and Samuel Irving Newhouse, Sr., the founder of Advance Publications. His grandson, S. I. Newhouse IV, appeared in the documentary Born Rich. Newhouse attended the Horace Mann School in New York City. He has an estimated net worth of $9.5 billion, and he was ranked the 46th richest American by Forbes magazine in 2014.[1]

Newhouse has given money to charity, including $15 million to Syracuse University. He is also an art collector[2] who at one time owned one of the most valuable paintings in the world, a Jackson Pollock drip painting, titled No. 5, 1948.[3] Newhouse was listed by Art News as among the top 200 art collectors in the world.[4]

References

  1. 1.0 1.1 Samuel Newhouse, Jr. - Forbes September 2014
  2. Felsenthal, Carol (1998). Citizen Newhouse: Portrait of a Media Merchant. Seven Stories Press. ISBN 1-888363-87-8.
  3. Vogel, Carol (November 2, 2006). "A Pollock Is Sold, Possibly for a Record Price". The New York Times.
  4. Newhouse reference, artnews.com

Further reading