American businessman Samuel Newhouse comes with an estimated net worth of $7.3 billion. Samuel is best related with Advance Publications which was set up by his father, Samuel Irving Newhouse Sr.
Samuel Newhouse Net Worth $7.3 Billion
Of Jewish ancestry, Samuel Irving Newhouse, Jr. was born on November 8, 1927 inNew York, New York, United States of America. A top graduate, Samuel Newhouse studied at Horace Mann School. Also referred to as Si Newhouse, he currently serves as the CEO and Chairman of Advance Publications which is known to own Cond Nast. Conde Nast is regarded as the publisher of many world renowned magazine brands in the world for example The New Yorker, Vanity Fair and Vogue.
Together along with his brother Donald, Advance Publications has developed into one of the largest privately held paper chains in the united states. In fact, the organization holds interests in Discovery Communications and Bright House Cable. It even runs TV networks like TLC and Discovery Stations. Samuel Newhouse Jr supervises the magazine office while his brother Donald manages the paper office.