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Donald Newhouse

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Residence  New York City, NY, US
Name  Donald Newhouse
Nationality  United States
Net worth  7.9 billion USD (2015)

Ethnicity  Jewish
Education  Syracuse University
Religion  Judaism
Nieces  Pamela Newhouse
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Full Name  Donald Edward Newhouse
Born  1930 (age 84–85)New York City, NY, US
Occupation  President of Advance Publications
Spouse(s)  Susan Newhouse (1955–2015)
Parents  Samuel Irving Newhouse, Sr.
Siblings  Samuel Irving Newhouse, Jr.
Nephews  Wynn Newhouse, Samuel Irving Newhouse III

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Donald Edward Newhouse (born 1929) is an American heir, business magnate and philanthropist. Together with his brother Samuel, 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 $10.5 billion and the 56th richest person in the United States. He resides in New York City.

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Donald Newhouse

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Personal life

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Newhouse's father, Samuel Irving Newhouse Sr., was born to Jewish immigrants on the Lower East Side of Manhattan and began the family media business. His mother, Mitzi Epstein, was an arts patron and philanthropist who grew up in an upper middle class Jewish family on the Upper West Side, the daughter of a silk tie importer. Susan died in August 2015.

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In 1955, Newhouse married Susan Marley of Syracuse, the daughter of a local junk dealer turned self-made millionaire.

They have three children:

  • 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; 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 to Gina Sanders in 1993.
  • He has six grandchildren: Sarah, Robert, David, Andrew, Alex, and Kate.

    References

    Donald Newhouse Wikipedia