How Wealthy Are These Family Dynasties?
The Newhouse Family
Fortune: $18.5BBusiness: Advance PublicationsIndustry: PublishingFamous Member: Donald Newhouse
The Newhouse family is one of America’s oldest and most influential media dynasties. Sam Newhouse originally started the family business, Advance Publications. He passed away in 1979, leaving his children, Si and Donald, to run the empire.
In total, the company publishes print newspapers in 25 of some of the biggest cities in the US. Online, the Newhouses are also the investors behind Reddit – ‘The Front Page of the Internet’.