Donald Newhouse
Born
Donald Edward Newhouse

1929 (age 94–95)
New York City, U.S.
Alma materSyracuse University
OccupationBusinessman
TitlePresident, Advance Publications
Spouse
Susan Marley
​
​
(m. 1955; died 2015)​
Children3
Parent(s)Samuel Irving Newhouse Sr.
Mitzi Epstein
RelativesSamuel Irving Newhouse Jr. (brother)

Donald Edward Newhouse (born 1929) is an American billionaire heir and business magnate. He owns Advance Publications, founded by his father, Samuel Irving Newhouse Sr., in 1922, whose properties include Condé Nast (publisher of such magazines as Vogue, Vanity Fair, and The New Yorker), dozens of newspapers across the US (including The Star-Ledger, The Plain Dealer, and The Oregonian), cable company Bright House Networks and a controlling stake in Discovery Communications. According to Bloomberg Billionaires Index, he has an estimated net worth of $19.4 billion. He resides in New York City.[1]

Early life

Newhouse's father, Samuel Irving Newhouse Sr., was born 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 family on the Upper West Side, the daughter of a silk tie importer.[4] Donald Newhouse is Jewish, and was listed on the Jerusalem Post's list of the world's 50 richest Jews in 2010.[5]

Philanthropy

In January 2020, Newhouse donated $75 million to Syracuse University's S. I. Newhouse School of Public Communications.[6][7] The communications school is named after his father, Samuel Irving Newhouse Sr.[8]

It was announced in March 2021 that Newhouse and his wife Susan would launch a fund at the Association for Frontotemporal Degeneration (AFTD) with a $20m donation, the largest donation in the charity's history.[9]

Personal life

Newhouse married Susan Marley in 1955, just after she had graduated from Wellesley College.[10][11]

The couple's primary residence was in New York City, but they often spent weekends on their farm in New Jersey. They remained married until her death in 2015 of primary progressive aphasia, the same rare disorder that afflicted his brother, Si Newhouse.[17]

References

  1. ^ Meeker, Richard H. (1983). Newspaperman: S.I. Newhouse and the Business of News. Ticknor & Fields. ISBN 0899192009.
  2. ^ Bond, Shannon (1 April 2015). "Newhouse family enters cable's top tier". Financial Times. Retrieved 31 May 2017.
  3. ^ a b c Loomis, Carol J. (August 17, 1987). "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. - August 17, 1987". CNN. Retrieved 2022-04-19.
  4. ^ Felsenthal, Carol (1998). "Review of "Citizen Newhouse: Portrait of a Media Merchant"". New York Times. Retrieved 2022-04-19.
  5. ^ "The world's 50 Richest Jews: 41-50". The Jerusalem Post. Retrieved 2020-05-31.
  6. ^ "Newhouse Foundation gives SU the school's largest donation ever". syracuse. 2020-01-13. Retrieved 2020-01-14.
  7. ^ "Newhouse Foundation Announces Intention to Pledge $75 Million to Syracuse University's S.I. Newhouse School of Public Communications". SU News. 13 January 2020. Retrieved 2020-01-14.
  8. ^ "SU announces $75 million pledge to Newhouse School". The Daily Orange - The Independent Student Newspaper of Syracuse, New York. 2020-01-13. Retrieved 2020-01-14.
  9. ^ Degeneration, The Association for Frontotemporal. "Landmark $20MM Donation Fuels AFTD's Work Targeting FTD, Most Common Dementia under 60". www.prnewswire.com (Press release). Retrieved 2021-03-29.
  10. ^ Sturtz, Ken (August 15, 2015). "For Susan Newhouse, Syracuse ties ran deep". syracuse.com. Retrieved 2022-04-19.
  11. ^ Maier, Thomas (May 1997). Newhouse: All the Glitter, Power & Glory of America's Richest Media Empire & the Secretive Man Behind it. Big Earth Publishing. p. 37. ISBN 978-1-55566-191-5.
  12. ^ "Miss Newhouse, A Teacher, Weds". The New York Times. 1991-08-12. ISSN 0362-4331. Retrieved 2022-04-19.
  13. ^ "AP announces 4 new directors, 5 incumbents at annual meeting". Associated Press. 19 April 2017. Retrieved 2020-07-31.
  14. ^ "Elyse Applebaum Married in Jersey". The New York Times. 1988-08-22. ISSN 0362-4331. Retrieved 2022-04-19.
  15. ^ Tasman-Jones, Jessica (5 September 2014). "Advance Publications daughter-in-law promoted at Conde Nast | Campden FB". www.campdenfb.com. Retrieved 2022-04-19.
  16. ^ "WEDDINGS; Gina Sanders, Steven Newhouse". The New York Times. 1993-03-01. ISSN 0362-4331. Retrieved 2022-04-19.
  17. ^ "Susan Newhouse, wife of Advance's Donald Newhouse, dies". silive. August 15, 2015.
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