At the age of 72 Donald Newhouse along with his brother were worth 7.7 Billion dollars a piece.
Donald is in charge of all of the Newspapers that the company owns and their distribution.
As of last year him and his brother were the 18 th richest men in the U.S. behind people like Bill Gates and Michael Dell.
Along with his brother he has been on the Forbes 400 list every year for more than two decades.
Over the past two decades, only 58 names have appeared every year on the Forbes 400 list
Marc Rich, Robert Prtizker, Ross Perot,
Si Newhouse, John Kluge, Marvin Davis,
Donald Newhouse, Kirk Kerkorian, Lester Crown,
David Murdock, Ray L. Hunt, Anne Chambers,
Roger Milliken, Henry Hillman, Barbara Anthony,
Patrick McGovern, Donald Hill, Helen Copley,
Cordelia Scaife, May Gordon, Getty Margaret Cargill
John Lupton, Edward Gaylord, Jim Cargill,
Carl Lindner, Charles Gates, Warren Buffet,
Samuel LeFrak, Robert Galvin, Donald Bren,
Ronald Lauder, Ernest Gallo, Steve Bechtel,
Leonard Lauder, William Clay Ford, Frank Batten,
David Koch, Max Fisher, Perry Bass,
Charles Koch, Ted Field, Walter Annenberg,
Philip Knight, Roy Disney, Herb Allen,
Partnership Advanced Publications is a partnership owned by brothers S.I. and Donald Newhouse. They together make all of the decisions for the company. If they want to start or buy out another periodical they only have to answer to each other. The two brothers have the branches split, Donald is in charge of the newspapers they own and S.I. is in charge of the responsibilities for the magazines.
With the addition of more than 1 billion dollars worth of additions in the last few years Advance has had to add more and more human resources, computer systems and purchasing, or capital. Media Consultant Michael Wolf was brought in to make changes and has made huge contributions to the company.
Advance has used a dominant strategy in buying out so many periodicals. This strategy has allowed them to keep on increasing their profits no matter what their competitors do. It allows them to change their company no matter what.