Donald Edward Newhouse (born 1929) is an American

billionaire A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American busi ...

heir and

business magnate A business magnate, also known as a tycoon, is a person who has achieved immense wealth through the ownership of multiple lines of enterprise. The term characteristically refers to a powerful entrepreneur or investor who controls, through per ...

. He owns

Advance Publications Advance Publications, Inc., doing business as Advance, is an American media company owned by the descendants of S.I. Newhouse Sr., Donald Newhouse and S.I. Newhouse Jr. It owns a large number of subsidiary companies, including Condé Nast, a ...

, founded by his father,

Samuel Irving Newhouse Sr. Samuel Irving Newhouse Sr. (born Solomon Isadore Neuhaus; May 24, 1895 – August 29, 1979) was an American broadcasting businessman, as well as a magazine and newspaper publisher. He was the founder of Advance Publications. Early life Newhouse ...

, in 1922, whose properties include

Condé Nast Condé Nast () is a global mass media company founded in 1909 by Condé Montrose Nast, and owned by Advance Publications. Its headquarters are located at One World Trade Center in the Financial District of Lower Manhattan. The company's m ...

(publisher of such magazines as ''

Vogue Vogue may refer to: Business * ''Vogue'' (magazine), a US fashion magazine ** British ''Vogue'', a British fashion magazine ** ''Vogue Arabia'', an Arab fashion magazine ** ''Vogue Australia'', an Australian fashion magazine ** ''Vogue China'', ...

'', ''

Vanity Fair Vanity Fair may refer to: Arts, entertainment and media Literature * Vanity Fair, a location in '' The Pilgrim's Progress'' (1678), by John Bunyan * ''Vanity Fair'' (novel), 1848, by William Makepeace Thackeray * ''Vanity Fair'' (magazines), the ...

'', and ''

The New Yorker ''The New Yorker'' is an American weekly magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. Founded as a weekly in 1925, the magazine is published 47 times annually, with five of these issues ...

''), dozens of newspapers across the US (including ''

The Star-Ledger ''The Star-Ledger'' is the largest circulated newspaper in the U.S. state of New Jersey and is based in Newark. It is a sister paper to '' The Jersey Journal'' of Jersey City, ''The Times'' of Trenton and the '' Staten Island Advance'', all of ...

'', ''

The Plain Dealer ''The Plain Dealer'' is the major newspaper of Cleveland, Ohio, United States. In fall 2019, it ranked 23rd in U.S. newspaper circulation, a significant drop since March 2013, when its circulation ranked 17th daily and 15th on Sunday. As of M ...

'', and ''

The Oregonian ''The Oregonian'' is a daily newspaper based in Portland, Oregon, United States, owned by Advance Publications. It is the oldest continuously published newspaper on the U.S. west coast, founded as a weekly by Thomas J. Dryer on December 4, 18 ...

''), cable company

Bright House Networks Bright House Networks, LLC also simply known as Bright House, was an American telecom company. Prior to its purchase by Charter Communications, it was the tenth-largest multichannel video service provider and the 6th largest cable internet prov ...

and a controlling stake in

Discovery Communications Discovery, Inc. was an American multinational mass media factual television conglomerate based in New York City. Established in 1985, the company operated a group of factual and lifestyle television brands, such as the namesake Discovery Chan ...

. According to ''

Bloomberg Billionaires Index The ''Bloomberg Billionaires Index'', launched in March 2012, is a daily ranking of the world's 500 richest people based on their net worth. It draws information from "action in the stock market, economic indicators and news reports", features a p ...

'', he has an estimated net worth of $19.4 billion. He resides in New York City.

Early life

Newhouse's father,

, was born on the

Lower East Side The Lower East Side, sometimes abbreviated as LES, is a historic neighborhood in the southeastern part of Manhattan in New York City. It is located roughly between the Bowery and the East River from Canal to Houston streets. Traditionally an im ...

Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...

and began the family media business. His mother, Mitzi Epstein, was an arts patron and philanthropist who grew up in an upper middle class family on the

Upper West Side The Upper West Side (UWS) is a neighborhood in the borough of Manhattan in New York City. It is bounded by Central Park on the east, the Hudson River on the west, West 59th Street to the south, and West 110th Street to the north. The Upper West ...

, the daughter of a silk tie importer. Donald Newhouse is Jewish, and was listed on the Jerusalem Post's list of the world's 50 richest Jews in 2010.

Philanthropy

In January 2020, Newhouse donated $75 million to

Syracuse University Syracuse University (informally 'Cuse or SU) is a Private university, private research university in Syracuse, New York. Established in 1870 with roots in the Methodist Episcopal Church, the university has been nonsectarian since 1920. Locate ...

's S. I. Newhouse School of Public Communications. The communications school is named after his father, Samuel Irving Newhouse Sr. 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.

Personal life

Newhouse married Susan Marley in 1955, just after she had graduated from

Wellesley College Wellesley College is a private women's liberal arts college in Wellesley, Massachusetts, United States. Founded in 1870 by Henry and Pauline Durant as a female seminary, it is a member of the original Seven Sisters Colleges, an unofficial ...

. *Katherine Irene Newhouse - school teacher at the Town School in New York; married Dr. Joseph Patrick Mele in 1991. *Michael Andrew Newhouse - assistant publisher of the Times of Trenton; member of

Associated Press The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. new ...

board of directors since 2017; married Elyse Sue Applebaum in 1988. 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. *Steven O. Newhouse (b. 1957) - editor of the Jersey Journal; married in 1993 to Gina Sanders, later publisher of Gourmet and Teen Vogue. 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.

References

{{DEFAULTSORT:Newhouse, Donald 1929 births Living people American mass media owners American newspaper publishers (people) American billionaires American people of Austrian-Jewish descent American people of Belarusian-Jewish descent Jewish American philanthropists

Donald Donald is a masculine given name derived from the Gaelic name ''Dòmhnall''.. This comes from the Proto-Celtic *''Dumno-ualos'' ("world-ruler" or "world-wielder"). The final -''d'' in ''Donald'' is partly derived from a misinterpretation of the ...

20th-century American businesspeople Syracuse University trustees S.I. Newhouse School of Public Communications alumni