Saturday, June 03, 2006

The Newhouse brothers

Samuel Irving. "Si" Newhouse Jr. and his younger brother, Donald Edward, control Advance Publications, one of America's largest privately held companies.

Donald tends to Advance's hugely profitable newspaper, radio, and TV holdings. Si runs the less profitable but more glamorous properties. These are the 15 Condé N
ast magazines, including (in descending order of fabulousness) Vogue, Vanity Fair, GQ, Condé Nast Traveler, House & Garden, Allure, Details, Self, Mademoiselle, and Glamour; The New Yorker; and Random House.

Father Sam Sr. took over failing Staten Island Advance in 1922 and built what became the nation's largest newspaper chain. Sons inherited Advance Publications a
fter father's death in 1979. Donald runs newspapers (Cleveland Plain Dealer, Newark's Star-Ledger), Si oversees glamorous Condé Nast magazine division (Vogue, Vanity Fair, the New Yorker). Also owns Sunday newspaper insert Parade, Fairchild Publications (Women's Wear Daily).

Estimate of the combined wealth of the brothers is $13 billion.(They rank #26 on Forbes 400 Richest compared to Ron Burkle at #112)

Samuel Irving Jr., 77
Hometown New York, NY
Marital Status: married, 3 children, 1 divorce
Undergraduate: High School, Diploma

Donald Edward, 75
Hometown: Somerset County , NJ
Marital Status: married , 3 children
Undergraduate: Syracuse University, Drop Out

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