Donald Newhouse
#210

Donald Newhouse

United States 96 years old

Overview

Source of Wealth
Media
Residence
New York, New York
Education
Syracuse University (Drop Out)
Marital Status
Widowed
Children
3

Assets

  • Astra Space
    22,639,000 shares @ -
    -
    ASTR-US
  • Charter Communications Inc.
    9,480,000 shares @ -
    -
    CHTR-US
  • Reddit Inc.
    21,103,000 shares @ -
    -
    RDDT-US
  • Warner Bros. Discovery Series A
    49,090,000 shares @ -
    -
    WBD-US

Biography

Donald Newhouse and his late brother, Samuel "Si" inherited the publishing and broadcasting empire Advance Publications decades ago.

Donald long oversaw the newspaper business that his father Sam built up from the daily Staten Island Advance.

His brother, Si, who ran magazine publisher Conde Nast for years, died in October 2017.

Advance Publications also has stakes in Warner Bros. Discovery and social news site Reddit.

Amid a tumultuous media environment, Conde Nast sold W Magazine, Brides and Golf Digest in 2019; it laid off 100 employees in May 2020.

About

In 2016, 67 years after he left Syracuse U. to join his father's business, Newhouse returned to receive an honorary degree and deliver the commencement speech.

In 2020 his foundation gave $75 million to Syracuse's communications school, the college's largest gift ever.