Died, the owner of Vogue and the New Yorker

Died, the owner of Vogue and the New Yorker

Samuel Newhouse, CEO of Advance Publications, which publishes the magazines the New Yorker, Vogue, GQ and Vanity Fair, died in new York at the age of 89 years.

According to Bloomberg, Newhouse died in his own house. The cause of his death is not yet known.

Company Advance Publications was founded by father Neuhaus and by 1979 owned 31 Newspapers, whose total circulation was 3 million the Newhouse Jr. already in the 1960-ies received in the guide Vogue magazine, which at the time was considered a side business. However, the entrepreneur has managed to make the glossy magazines face Advance Publications, and in subsequent years has made the acquisition of GQ, Gourmet, Signature, and in 1985 bought a New Yorker.

While Newhouse was considered a tough leader, to intervene in editorial policy. For example, the editor-in-chief of Vogue, grace Mirabella learned about her dismissal from the news release on television.

When Newhouse bought the New Yorker, you promised not to touch the newspaper, but two years later was expelled many years editor-in-chief William Shawn by changing it to Robert Gottlieb. According to various reports, he got 600 letters from outraged readers and many complaints from the staff of the journal, however, his decision did not change.

According to Bloomberg, the state of Neuhaus is estimated at $12.7 billion, thanks to what it was at the 35th place in the list of the richest people in the United States.