Samuel Irving Newhouse Jr.

He was the son of Mitzi (née Epstein) and Samuel Irving Newhouse Sr., the founder of Advance Publications.[3] Sam Newhouse Sr. had been the young editor of the Bayonne Times and when he asked the owner of the Times for a raise he had long deserved, he was refused. Sam then quit the Times to become associated with the Staten Island paper that formed the basis of his publication future. Newhouse attended the Horace Mann School in New York City.[4] He later attended Syracuse University, but dropped out and began working at his father's newspapers.[4]

After dropping out of Syracuse University, Newhouse worked for the International News Service in Paris.[5] He served two years in the U.S. Air Force before going to Harrisburg, Pennsylvania to oversee two of his father's daily newspapers.[5] In 1964, he became publisher of the U.S. edition of Vogue[5] and in 1975, he took over as chairman of Condé Nast.[6] In 1985, he purchased the New Yorker.[6]

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.[1]

Newhouse gave money to charity, including $15 million to Syracuse University. He was also an art collector,[7] who at one time owned one of the most valuable paintings in the world, a Jackson Pollock drip painting, titled No. 5, 1948.[8] Newhouse was listed by Art News as among the top 200 art collectors in the world.[9]

He was married to Jane Franke from 1951 to 1959, and they had three children, Samuel I. Newhouse III, Wynn Newhouse (died 2010), and Pamela Newhouse Mensch.[6] His parents were deeply disappointed by the divorce.[10] In 1973, he married Victoria Carrington Benedict de Ramel, who survived him.[6] His grandson, S.I. Newhouse IV, appeared in the documentary Born Rich.[11]

Newhouse died on October 1, 2017 at the age of 89.[12][6] Newhouse was Jewish[13].