From Chocolate to Fried Chicken, Here’s How America’s Wealthiest Families Made Bank!
The Newhouse Family
Net Worth:$24.1 Billion
Family Business: Advance Publications
Industry: Media
Prominent Members: Donald Newhouse
Pick any luxury magazine from an American newsstand, and chances are, the Newhouse family owns it. They have built a media empire unparalleled in scale and influence. From humble beginnings as Advance Publications, the family has expanded its reach into virtually every corner of the media landscape.
With a portfolio featuring iconic brands like Vogue, The New Yorker, and Vanity Fair, as well as significant stakes in major media conglomerates, the Newhouses have solidified their position as one of print media’s most powerful families. The next generation of Newhouses is poised to continue the family legacy, ensuring that Advance remains a dominant force in the evolving media landscape.
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