Donald Newhouse
Donald Edward Newhouse is an American billionaire heir and business magnate. He owns Advance Publications, founded by his late father in 1922, whose properties include Condé Nast, dozens of newspapers across the US, cable company Bright House Networks and a controlling stake in Discovery Communications.
- Donald Newhouse and his brother, Samuel “Si” inherited the publishing and broadcasting empire Advance Publications decades ago.
- Donald is co-president of Advance Publications and oversees the newspaper business that his father Sam built up from the daily Staten Island Advance.
- His brother, Si, who ran Conde Nast for years, died in October 2017.
- The company also has substantial stakes in Discovery Communications and social news site Reddit.
- Amid a tumultuous media environment, Conde Nast sold W Magazine, Brides and Golf Digest in 2019.
