Died one of the richest inhabitants of the Earth

Media Mogul died at a respectable age.

In new York, on 90-m to year of life has died the media Mogul Samuel Irving Newhouse, Jr. (S. I. Newhouse Jr).

This was announced by publisher Conde Nast, owned by the late businessman.

“Today is a sad day for the readers of this magazine for the employees of Conde Nast, the company that publishes it. In new York after a long illness died Sy Newhouse, the man who founded the company and directed it for over 50 years,” the report says.

In addition to Conde Nast, the Newhouse Jr. owned a controlling stake in Discovery Communications and was founded in 1922 by the media company Advance Publications. He owns more than 100 online resources and 140 publications. Among them are Vogue, GQ, Gourmet, Signature and the New Yorker.

In the ranking of the wealthiest entrepreneurs and business owners, those born from 1917 to 1996 created by the publication Business Insider, as born 8 Nov 1927 Newhouse, Jr., was estimated at $12.1 billion.

The cause of death of the businessman is not revealed yet.

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