Donald Newhouse together with his brother is the co-owners of Advance Publication. He is the richest billionaire in New Jersey with a net worth of $7.3 billion. His wealth has been accumulated through the famous Newhouse Publication. He oversees the newspaper sector of the Advance Publication, which distributes newspapers in at least 25 United States cities and towns.
The publication has not only survived continuous pressure on the newspaper industry, but it has also thrived to become one of the best selling newspapers in America. Advance Group also has a stake in discovery communications, Bright House Networks TV cables and internet, TLC and also the operators of TV networks such as discovery channel.
Newhouse’s Brother, S.I, is also a billionaire and he runs the Conde Nast magazine division. The two brothers inherited the company that brought them this great fortune from their father, Sam Newhouse, in the year 1979. He had started it as Bayonne times, later expanding it to become the Nation’s largest privately-held newspaper publication. The 84-year old billionaire is an American citizen, married with three children. He joined Syracuse University, but he was unable to finish his studies.