Newhouse Jr., the low-profile billionaire media mogul who ran the parent company of some of the nation's most prestigious magazines, died Sunday. Advance PublicationsCond Nast is owned by parent company Advance Publications currently in the hands of descendants of Samuel Irving Newhouse Sr. Sam Bankman-Fried Unplugged: DOJ Proposes Only A Flip Phone And Limited Internet While FTX Founders On Bail, Suspected Poison Attacks On Girls Attending Schools In Iran, Attack On Titan Season 4, Part 3, Part 2 Gets A Release Date, And Yes, Its Really The End, Cyberpunk: Edgerunners Just Won Anime Of The Year, United Pilots Are Not Close On Contract, But Talks Will Ramp Up, Brock Lesnar Reportedly Finishing Up Current WWE Run, Current Climate: Big Techs Massive Carbon Footprint, Xavi Speaks On FC Barcelonas Defensive Masterclass Against Real Madrid Ahead Of Valencia Clash, How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. According to Bloomberg Billionaires Index, he has an estimated net worth of $19.4 billion. Samuel Irving Newhouse, Jr. - en-academic.com While his publishing ventures were in no danger of foundering, he dedicated himself to making certain that they would prosper after his retirement. As County Executive, Neuhaus has focused on revitalizing Orange Countys economic development, enhancing its public health and safety, improving its infrastructure and stabilizing its budget. He married Jane Victoria Newhouse in 1973 and was previously married to Jane Franke. Where more than one name is listed under a number, there is a tie. Nationality: United States. Samuel Irving 'S.I.' Newhouse Jr. (November 8, 1927 - October 1, 2017) was an American heir to a substantial magazine and media business. Five out of 20 Billionaire American Dynasties are Jewish Jamie Johnson net worth: Jamie Johnson is an American filmmaker and socialite who has a net worth of $300 million. In 2019, Conde Nast sold W Magazine, Brides and Golf Digest for $435 million. Russias War On Ukraine: Daily News And Information From Ukraine, Todays Wordle #623 Hint, Clues And Answer For Saturday, March 4th, A Century Of Women, Work - And Juggling Family, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Si was known for his philanthropy, One of his most notable donations was the $15 million he gave to Syracuse University. [3], After dropping out of Syracuse University, Newhouse worked for the International News Service in Paris. The Syracuse University drop-out is one co-owner of Advance Publications and oversees the newspaper portion of Advance Publications, which runs local papers in more than 25 cities in America. The Newhouse family fortune stems from a publishing empire that Sam Newhouse (d. 1979) started in 1922 as Advance Publications. His collection includes works of Picasso, Yves Klein, Henry Moore, and Andy Warhol. Brock Lesnar could be making his WWE exit in the near future. This was founded by his late dad in 1922. Newhouse family - Forbes Yet, we listed our top 3. He dropped out of Syracuse University and worked halfheartedly at Newhouse headquarters. Samuel Irving Newhouse, Jr. was born on November 08, 1927 in United States. This media legend personally bought the Cond Nast group in 1959 for 5 million dollars in order, the legend tells us, to offer it to his wife Mitzi. Samuel Irving Newhouse Jr., born on November 8, 1927, in New York City, has earned his estimated net worth as the co-owner of the publishing giant Advance Publication along with his brother Donald. Mr. Newhouse began to step back from the business in the late 2000s. Allen established several non-profit community institutions that feature his private collections of historic artifacts. One of the most influential publishers of the 20th century, Newhouse ran the Cond Nast . samuel irving newhouse iii net worth Samuel Newhouse Jr. Net Worth | TheRichest Newhouse attended the Horace Mann School in New York City. Irving Newhouse Jr. was the original owner of Jackson Pollocks No. He has an estimated net worth of $9.5 billion, . Newhouse also owns Advance Publications. [3] They had two sons, Samuel Irving Newhouse Jr., known as Si Newhouse, chairman and CEO of Advance, and Donald Newhouse, president of Advance. He and his wife Edythe Lawson, own around 2.000 works by around 200 artists, including Jeff Koons, Jasper Johns, Andy Warhol, Jean Michel Basquiat, Roy Lichtenstein, Cindy Sherman, and Joseph Beuys. At the time of his death, Si Newhouse was the Samuel Newhouse net worth: Samuel "Si" Newhouse was an American businessman who had a net worth of $13 billion. 2023 Celebrity Net Worth / All Rights Reserved. We've detected you are on Internet Explorer. Samuel Irving Newhouse Jr., that took a whole lot of breath to pronounce, was an American art collector. Hes known for being the co-founder of private equity firm Apollo Global Management. 5, 1948, one of the most valuable paintings in the world, which was later sold to David Geffen. ", "S.I. He owned 700 million USD worth of art. [3] Nevertheless, thanks to his support, Rutgers School of Law-Newark is presently housed in the S.I. Newhouse Jr., Who Turned Cond Nast Into a Magazine Powerhouse, Dies at 89", "S.I. most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. He and his brother Donald had taken over their father Sam's multimillion-dollar publishing and broadcasting empire, Advanced Publications, when Sam died in 1979. A group of 16 modern and post-war paintings from the collection of late media magnate Samuel Irving S. Donald Edward Newhouse: Net Worth: . This category only includes cookies that ensures basic functionalities and security features of the website. Samuel Irving Newhouse | American publisher | Britannica You can find out how much net worth Samuel Irving Newhouse has this year and how he spent his expenses. by. 5, 1948, one of the most valuable paintings in the world, which was later sold to David Geffen. Donald Newhouse is an American business magnate who has a net worth of $15 billion. Required fields are marked *. These cookies will be stored in your browser only with your consent. Sam then quit the Times to become associated with the Staten Island paper that formed the basis of his publication future.[which?] All Rights Reserved. The family moved to Bayonne, New Jersey where his mother supported the family by peddling linens and in 1908, his father abandoned the family for health reasons to live with his sister in Connecticut. Ivanishvilis net worth is 4,8 billion USD. Office Leuven | MC Square Cohens net worth is 14,6 billion USD according to Forbes. Net Worth: And he re-introduced Vanity Fair, an original Conde Nast publication that had ceased publication in 1936. . Samuel Irving "S.I." Newhouse Jr.Samuel Irving Newhouse Jr . Newhouse Center for Law and Justice at Rutgers School of Law Newark. [5] In 1985, he purchased the New Yorker. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Parents. The Life Summary of Samuel Irving "SI" When Samuel Irving "SI" Newhouse Jr was born on 8 November 1927, in New York, United States, his father, Samuel Irving Newhouse Sr, was 32 and his mother, Miriam B "Mitzi" Epstein, was 25. That is significantly less than Arnault, but we can think of a whole lot of antiques hes able to buy with that amount of money. In 2019, his estate sold Jeff Koons 1986 sculpture Rabbit at Christies New York for US$91 million, setting a record price for any work by any living artist. In 1973, he married . In 1922, taking all his personal savings and partnering with Lazarus, he bought 51 percent of the Staten Island Advance for $98,000 and soon returned the paper to profitability. In 2010, he was listed by Art News as among the top 200 art collectors in the world. FC Barcelona head coach Xavi Hernandez and president Joan Laporta are not currently seeing eye to eye on the potential sale of misfit winger Raphinha this summer, according to reports. Hes a Russian-Israeli businessman and antique collector. Moreover, Pinault is the owner of Christies and an avid collector: His works are displayed in two museums in Venice. Samuel Irving Newhouse Jr. was born Nov. 8, 1927, in Staten Island, the grandson of Russian Jewish . Solomon Isidore Newhouse Jr. was born on Nov. 8, 1927, and was known from childhood as Samuel. He died in 2017 at the age of 89 with an estimated net worth of US$9.5 billion and was considered one of the top 200 art collectors in the world. The Newhouse family fortune stems from a publishing empire that Sam Newhouse (d. 1979) started in 1922 as Advance Publications. To please his wife, Mitzi, who loved Vogue, Sam Newhouse in 1959 bought Cond Nast, a company that published the magazine along with Glamour, House & Garden and Young Brides. In this list, youll find the 10 most expensive classic cars ever sold at auction. But opting out of some of these cookies may have an effect on your browsing experience. The selection will be offered at a single-owner evening sale during Christies 20th- and 21st art auctions in May in New York. Gates, William H., III, Seattle, $54.0 billion 2. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. Forbes' List Of 400 Richest Americans - Rense Sometimes its complete rubbish, but when there is a new TV show for antique lovers, thats when we need to sharpen our eyes and ears! Under the name Advance Publications, Sam Newhouse and his brothers slowly built up one of the largest newspaper chains in the country, including, among more than a score of others, The Long Island Daily Press, The Star-Ledger, The Cleveland Plain-Dealer, and The St. Louis Globe-Democrat. Mr. Newhouse Jr. (November 8, 1927 October 1, 2017) was an American heir to a substantial magazine and media business. TV is an ever-expanding network. Separately, Sothebys announced on Tuesday its sale of modern art in May will be led by a Peter Paul Rubens masterpiece, Portrait of a Man as the God Mars, valued between US$20 million and US$30 million. [3] He later attended Syracuse University, but dropped out and began working at his father's newspapers. Together with his brother Donald, he owned Advance Publications, founded by their late father in 1922, whose properties include Cond Nast (publisher of such magazines as Vogue, Vanity Fair, and The New Yorker), dozens of newspapers across the United . Samuel Irving Newhouse | YourDictionary Samuel Irving Newhouse, Jr. was born on November 8, 1927 in United States (89 years old). Samuel I. Newhouse, the restless, selfmade newspaper magnate who ran his 31 newspapers out of a battered briefcase, died yesterday at Doctors Hospital of the effects of a stroke. The Truth Of Charles Barkley's Daughter - Christia August 29, 1979, New York City, New York, United States, Victoria Newhouse (m. 1973), Jane Franke (m. 19511959), Pamela Newhouse, Samuel Irving Newhouse III, Wynn Newhouse, Samuel Irving Newhouse Sr., Mitzi Epstein Newhouse. In 2006, he purchased Picassos Dora Maar with Cat for 95 million USD. The Newhouse family fortune stems from a publishing empire that Sam Newhouse (d. 1979) started in 1922 as Advance Publications. Also find out how he got rich at the age of 90. News on all your favorite celebs, reality TV, and movies. He invested 15.6% of his wealth in art collections. Newhouse and the rest of the Newhouse family: Samuel I. Newhouse IV, the grandson of Cond Nast's mercurial chairman, got hitched this past weekend! Si Newhouse, by his own admission, had been at loose ends. While Delta pilots have signed a new contract and American pilots appear to be moving quickly towards one, United pilots appear to be lagging. The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Samuel Newhouse Jr. Net Worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. Weve looked back at Forbes coverage of women founders and funders over the year. Samuel Irving Newhouse, Jr. - Forbes . [5], Prior to his death, he had an estimated net worth of $9.5 billion, and he was ranked the 46th richest American by Forbes magazine in 2014. He was inducted into the Junior Achievement U.S. Business Hall of Fame in 1989.[11]. He died in 2017 at the age of 89 with an estimated net worth of US$9.5 billion and was considered one of the top 200 art collectors in the world. Samuel Irving "Si" Newhouse, . Samuel Newhouse Jr. Age: 82. Si is married. Introduction. Newhouse graduated from Columbia University in 2001. As of March 2023, Donald Newhouse's net worth is roughly $15 Billion. Other artists represented include Jasper Johns, Roy Lichtenstein, Brice Marden, and Lee Bontecou.. The suspected poison attacks are said to have been lasting at least three months and are ongoing. Forbes definitive ranking of the nations 50 wealthiest clans includes the heirs to some of the countrys best known brands: Campbells Soup, Jack Daniels, Walmart and Chick-fil-A. Together with his brother Donald, he owned Advance Publications, founded by their late father in 1922, whose properties include Cond Nast (publisher of such magazines as Vogue , Vanity Fair , and The New Yorker ), dozens of newspapers across the United . Samuel Irving S.I. Newhouse Jr.Samuel Irving Newhouse Jr.OccupationPublisherTitleChairman Emeritus, Cond NastSpouse(s)Jane Franke ( m. 1951; div. Senator from Alabama, US Representative from Pennsylvania (March 2018-Present), Heir to publishing fortune, now a force in cable TV, S Newhouse, Samuel Irving Newhouse Jr, Samuel Newhouse Jr, Si Newhouse. With a net worth estimated at 8 billion dollars, he has made every Forbes list of Richest Americans since it began over 28 years ago, but prefers to remain out of the spotlight. He is one of the leading men in Art Collections and runs luxury conglomerate PPR, which owns luxury brands such as Gucci, Yves Saint Laurent, Balenciaga and Alexander McQueen. He has a pure loving kind heart personality. Samuel Irving Newhouse, Jr. - Age, Bio, Faces and - idolbirthdays.net Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. . Newhouse began to expand his empire, purchasing, merging, and returning to profitability numerous papers. His first marriage, to Jane Franke, with whom he had three children, Sam, Wynn and Pamela, ended in divorce in 1959 after eight years. These 11 richest antique collectors are the perfect example that you can make a lot of money collecting, buying, and selling antiques. Net worth: $4.5 billion. Boyfr What happened to Nick Stahl? Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Home Archive Experts 11 Richest Antique Collectors in the World. Watches follow trends and its hard to say which ones will increase in value and which ones wont. He and his brother Donald had taken over their father Sam's multimillion-dollar publishing and broadcasting empire, Advanced Publications, when Sam died in 1979. Samuel Irving Newhouse, Sr. rose to prime prominence as a Business. He and his brother Donald had taken over their father. Discover some of the most valuable collectibles ever []. Pinault has a net worth of 42,3 billion USD at this moment. Mr. Newhouse hired some of the most charismatic magazine editors of the late 20th century, among them Tina Brown at Vanity Fair and Diana Vreeland and Anna Wintour at Vogue, and encouraged them to behave like the celebrities they extolled in his publications.T wo Hollywood movies, The Devil Wears Prada and How to Lose Friends and Alienate People, were made based on accounts of life at two of Mr. Newhouses flagship publications, Vogue and Vanity Fair. [10], Newhouse was Jewish. Prior to his death, he had an estimated net worth of $9.5 billion, and he was ranked the 46th richest American by Forbes magazine in 2014. . Forbes said in 2016 that Newhouse was the 42nd richest man in America with a net worth of $10.5 billion. [citation needed]. Donald Newhouse Biography: Success Story of Advance Publications CEO The paper returned to profitability, and he received a 20 percent ownership interest as payment (after continued success, his share increased to 50 percent). S.I. Newhouse Jr., media publishing titan, dies at 89 Samuel Irving "Si" Newhouse, Jr. was born in New York City, in November 1927. Newhouse followed a Horatio Alger pattern of rags-to-riches by combining remarkable drive, memory for figures, and talent for picking subordinates with a grass-roots sense of pleasing advertisers and the public. Samuel I. Newhouse III, Wynn Newhouse (died 2010), and Pamela Newhouse Mensch. his brother, Donald Newhouse, two children, Samuel I. Newhouse III and Pamela Mensch, and five grandchildren. The communications school is named after his father, Samuel Irving Newhouse Sr. Donald Newhouse Net Worth. The portrait is being offered by Mark Fisch, a real estate developer and a trustee of the Metropolitan Museum of Art in New York, and his ex-wife, Rachel Davidson, a former New Jersey judge. A multinational banking corporation | World's largest public company, US Senator and former representative from Vermont, 2020 Democratic presidential primary candidate, Governing body for the U.S. Democratic Party, politician, attorney, CNN contributor, former U.S. Samuel Irving Si Newhouse Jr. (born November 8, 1927), is an American heir, business magnate and philanthropist. In May 2008 Abramovich stepped forward as a major buyer in the international art auction market, spending more than 100 million USD. We welcome all corrections and feedback using the button below. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. He was listed as among the top 200 art collectors in the world by Art News. During his lifetime, Si was one of the 50th wealthiest Americans and was one of the wealthiest residents of New York. Samuel Irving Newhouse, Jr. Net Worth Detail. These toys for boys are true classics. Remembering Si Newhouse, the Media Magnate Whose Fabled Art Collection Mr. Newhouse, known as Si, and his younger brother, Donald, inherited an impressive publishing empire from their father, Solomon I. 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. Donald Newhouse Net Worth Aug. 29, 1979, New York City), who was born Solomon Neuhaus and was later known as S.I. In this painting, executed circa 1620, Rubens fuses his profound understanding of classical literature and art with Flemish directness, George Wachter, Sothebys chairman and co-worldwide head of Old Master paintings, said in a news release. As a collector, he bought and sold with the deepest levels of consideration and intentionwhich over decades, led to the evolution of a singular collection, Alex Rotter, Christies chairman of 20th- and 21st-century art, said in a news release. Samuel Irving Newhouse, Jr. was born on November 08, 1927 in United States. Aug. 29, 1979, New York City), who was born Solomon Neuhaus and was later known as S.I. Newhouse Center for Law and Justice. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. On March 3, 2023, the media reported on suspected poison attacks affecting hundreds of girls at schools across several cities in Iran. Mara Asuncin Aramburuzabala Larregui is a Mexican businesswoman and next to Broads wife the second woman mentioned in this list. Donald Newhouse is an American billionaire heir, business magnate and billionaire. Net Worth 2020 US$13 billion (August 2016) Find out more about Samuel Irving Newhouse, Jr. net worth here. [1] Carol Felsenthal, Citizen Newhouse (1998), pp. This copy is for your personal, non-commercial use only. Samuel Newhouse Jr. was the Chairman and Chief Executive Officer of Conde Nast who had an estimated net worth of $12.1 billion. Si Newhouse, Jr. - NNDB Father: Samuel Irving Newhouse Sr. Child. Mr. Newhouse is survived by his wife, Victoria, his brother, Donald, two children, Sam and Pamela Mensch, five grandchildren and three great-grandchildren. Samuel Irving Newhouse, Jr. Net Worth 2022 [14][5], "Samuel I. Newhouse, Publisher, Dies at 84; Samuel I. Newhouse, Builder of an Empire in Newspapers and Broadcasting, Is Dead at 84 Relatives on the Payroll Some Takeover Bids Resisted Newhouse Beneficiaries Payment on a Bad Debt Newhouse Publications and Broadcast Stations", "S.I. Newhouse is survived by his wife, Victoria; his brother, Donald Newhouse; two. Aramburuzabala has a net worth of 5,8 billion USD. All Rights Reserved. Later, he decided to attend law school in the evenings; in 1916, he graduated from the New Jersey Law School (now Rutgers School of LawNewark). His parents were deeply disappointed by the divorce. Conde Nast publishes such magazines and periodicals as Vogue and The New Yorker, Vanity Fair and newspapers such as The Plain Dealer, The Star-Ledger, and The Oregonian. Bidzina Ivanishvili, also known as Boris Ivanishvili (his Russian name when he worked there), was the Prime Minister of Georgia from 2012 to 2013. The heir of Samuel Irving Newhouse, Sr., founder of the umbrella media empire Advance Publications, Newhouse Jr. oversaw glossy magazines for Cond Nast Vogue, Vanity Fair, and the New Yorker . In his spare time, Cohen is really into sports and art. Noting Newhouse's work ethic and enthusiasm, Lazarus had Newhouse manage the money-losing Bayonne Times (a local newspaper in which Lazarus had acquired a majority interest, due to an unpaid legal bill), allowing Newhouse to keep half of the profits if successful. Together with his brother Donald, he owned Advance Publications, founded by their late father in 1922, whose properties include Cond Nast (publisher of such magazines as Vogue, Vanity Fair, and The New Yorker), dozens of newspapers across the United States (including The Star-Ledger, The Plain Dealer, and The Oregonian), former cable company Bright House Networks, and a controlling stake in Discovery Communications. Jun 12, 2022 . [citation needed] Although he generally promised to keep both papers in business and in competition, he typically merged the two, generally closing the afternoon paper and keeping the morning, effectively establishing a monopoly, then used the profits to purchase additional newspapers. A group of 10 Baroque masterpieces from their collection were sold at Sothebys in New York earlier this year for a combined total of US$49.6 million, the auction house said. Si Newhouse Wiki, Biography, Age, Wife, Family, Net Worth At the time of his death, Si Newhouse was the chairman and CEO of Advance Publications which is the umbrella corporation for Conde Nast Publications. Si ran its magazine division; Donald ran its newspaper and television segment. Net Worth: $15 Billion Date of Birth: 1930 (93 years old) Place of Birth: United States of America Gender: Male Nationality: United States of America Compare Donald Newhouse's Net. They sold Bright House Networks to John Malone's Charter Communications in April 2016 for $11.4 billion in stock and cash. Newhouse Jr., the low-profile billionaire media mogul who ran the parent company of some of the nation's most prestigious magazines, died Sunday. For the best Barrons.com experience, please update to a modern browser. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. It's a tightly private show, but there's no hiding wealth this big", "Samuel I. Newhouse, Publisher, Dies at 84; Samuel I. Newhouse, Builder of an Empire in Newspapers and Broadcasting, Is Dead at 84 Relatives on the Payroll Some Takeover Bids Resisted Newhouse Beneficiaries Payment on a Bad Debt Newhouse Publications and Broadcast Stations", New Jersey.Com: "Star-Ledger publisher says newspaper will close if unions don't give concessions" by Ted Sherman, Funding Universe: Advance Publications Inc, Find a Grave profile: "Samuel Irving Newhouse Sr.", Fortune article on 1991 inductees to National Business Hall of Fame, listing Newhouse as a past inductee, https://en.wikipedia.org/w/index.php?title=Samuel_Irving_Newhouse_Sr.&oldid=1106807934, Articles with unsourced statements from August 2022, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 August 2022, at 15:19. Apparently, Geffen has an excellent relationship with Steven Cohen and Samuel Irving Newhouse Jr. having sold the Woman III by Willem De Kooning to the former and having bought Jackson Pollocks No. Newhouse speaks at the Newhouse III building dedication ceremony on Sept. 16, 2007. . However you may visit Cookie Settings to provide a controlled consent. Photo by Evan Agostini/Getty Images for The Metropolitan Opera, Related by financial asset: Discovery Communications A, Related by financial asset: Discovery Communications C. The FTX founder would also be prohibited from using his parents devices. He was 89. Samuel Newhouse Net Worth 2023 Samuel Newhouse Jr. was the Chairman and Chief Executive Officer of Conde Nast who had an estimated net worth of $12.1 billion. Full Name: Samuel Irving Newhouse Jr. Net Worth: 11.2 billion USD: Date Of Birth: November 8, 1927: Died: August 29, 1979, New York City, New York, United States Blacks collection includes Old Masters, Impressionism, modern painting, Chinese sculpture, and contemporary art. At the time of his death, Allens net worth was 20 billion USD, which he planned to give away for the most part. What is Donald Newhouse's Net Worth? - xNetworth Approx. Conde Nast includes titles such as Vogue, The New Yorker, and Wired. Which antiques and collectibles are the most expensive ever sold at auction. Samuel Newhouse Net Worth | Celebrity Net Worth She is the daughter of Yale-educated Mark Newhouse, an executive at Advance Publications, general manager of The Star-Ledger, cousin of Samuel Irving Newhouse Jr.. In Newhouse family The family's fortunes began with Samuel Irving Newhouse (b. The 400 richest Americans, including U.S. citizens now living abroad, ascompiled by Forbes magazine, as of Aug. 27. His two sons, Samuel Si (d. 2017) and Donald, inherited the business. NEW YORK -- S.I. According to the various online resources (Wikipedia, Forbes, IMDB), the most popular American business magnate, Donald Newhouse estimated a net worth of around $16 Billion. In 2019, his estate sold Jeff Koons' 1986. Necessary cookies are absolutely essential for the website to function properly.