Samuel Newhouse Net Worth is$6.2 Billion
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Profession: Businessperson

Date of Birth: Oct 18, 1853

Country: United States of America

Samuel Newhouse was born in New York and has an estimated net worth of $6.2 billion dollars. The current chairman and CEO of Advance Publications, Samuel Newhouse inherited the business from his father. Advance Publications is the umbrella corporation for Conde Nast Publications, which publishes such magazines and periodicals as Vogue and The New Yorker.
Samuel Newhouse (October 18, 1853 - September 22, 1930) was a Utah entrepreneur and mining magnate.
He was born in New York City of European Jewish immigrant parents and grew up in Pennsylvania. He studied law there before going to Colorado in 1879. In Leadville, he became involved in the freighting business.
In 1883, he married Ida Stingly, whose mother ran a local boarding house. She was 16 at the time. While they ran a hotel in Leadville, Samuel acquired mining properties in Ouray, Colorado. He later sold these for several million dollars and moved to Denver, where he became a speculator and promoter, with extensive contacts back East and in Europe.
In 1896, he moved to Utah, where partnering with Thomas Weir, he became instrumental in securing English investment in the fledgling copper mining operation in Bingham canyon, which later became the great Bingham Canyon Mine. He also developed silver mining in the San Francisco Mountains near Beaver, Utah, investing approximately $2 million to build a mine, mill and develop the town of Newhouse, named after himself. He was instrumental in driving the Newhouse Tunnel (now called the Argo Tunnel), a major mine drainage tunnel in Idaho Springs, Colorado.
He maintained residences on Long Island and in London and a chateau in France outside of Paris, but he preferred living in Salt Lake City, where he developed a large tract of downtown, trying to shift the center of town four blocks south from Temple Square. He built the city's first skyscrapers (11 stories), the Boston and Newhouse buildings.
Utah History Encyclopedia: Samuel Newhouse

Samuel Newhouse Latest News

The Jews Teaching Our Kids: Guide to “Anal Sex” for 11-year-olds

ADVANCE Publications is a print media conglomerate (…) owned by Jews. Founded in 1922 by Samuel Newhouse, Sr., it is today owned by his sons, Samuel (Jr.) and Donald Newhouse. Not only do these Jews control much of the medium-sized press in the United ...
Posted: July 29, 2017, 2:50 am

Publisher Donald Newhouse receives honorary degree 67 years after leaving SU

Too impatient to make my way to commencement, I left Syracuse after my sophomore year." He went to work for the Long Island Press, one of the many newspapers his father, Samuel I. Newhouse Sr., purchased starting in the 1920s. "I learned the business side ...
Posted: May 16, 2016, 4:47 am

Reign of a magazine legend is ending with a Si

It is also the first time since the company was purchased by Si’s father, Samuel Newhouse, in 1959 for $5 million — supposedly as a gift to his wife, Mitzi — that no Newhouse is involved in day-to-day operations. Si took over as chairman running the ...
Posted: December 21, 2013, 1:45 am

Newhouse family enters cable’s top tier

The Newhouse family’s media empire spans the glossy magazines of Condé ... the newspaper that Si and Donald’s father, Samuel Irving Newhouse Sr, bought in 1922. Following their father’s death in 1979, the brothers expanded the company into book ...
Posted: August 11, 2017, 6:27 am

Star-Ledger publisher says newspaper will close if unions don't give concessions

In 1935, the struggling paper was purchased by publisher Samuel Newhouse, who already owned the Staten Island Advance and the Long Island Press. In 1939, Newhouse also acquired the Newark Star-Eagle, merging the two newspapers into a single morning edition ...
Posted: June 26, 2013, 2:15 am
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