What is the Newhouse family net worth?

Newhouse controls Advance Publications, a closely held media company. The New York-based business has newspapers in more than two dozen American cities, as well as interests in cable TV distribution and programming. As of 2021, Donald Newhouse’s net worth is estimated to be $11.1 billion.

What do the Newhouse family own?

By the time of his death in 1979, Newhouse owned the third largest newspaper chain in the United States, with a total circulation of more than 3,000,000. Besides 31 newspapers, he also owned 7 magazines, 5 radio stations, 6 television stations, and 15 cable television systems.

What industry made Si Newhouse wealthy?

The majority of Newhouse’s fortune is derived from U.S. media assets he controlled with his late brother Si. The bulk of their wealth came from the $10.4 billion sale of cable operator Bright House Networks to publicly traded Charter Communications in May 2016.

Who is Michael Newhouse?

Michael Newhouse was elected to the board of directors of Charter on May 18, 2016. Mr. Newhouse is a co-president at Advance, a private, family-held business that owns and invests in companies across media, entertainment, technology, communications, education and other promising growth sectors.

How did Donald Newhouse make his money?

Advance Publications
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 …

Who is Donald Newhouse married to?

Susan Marley

Donald Newhouse
Spouse(s)	Susan Marley (1955–2015)
Children	3
Parent(s)	Samuel Irving Newhouse Sr. Mitzi Epstein
Relatives	Samuel Irving Newhouse Jr. (brother)

Who owns the new House family?

2020 America’s Richest Families NET WORTH The Newhouse family fortune stems from a publishing empire that Sam Newhouse (d. 1979) started in 1922 as Advance Publications. His two sons, Samuel “Si” (d. 2017) and Donald, inherited the business.

Who owns Newhouse family?

Advance Publications