... earned:
This session: ...
Per second: ...
← Back to list
Donald Newhouse
#207

Donald Newhouse

Source of wealth: Media

Net Worth

...

Earnings per second

...

The scale of their wealth

🏥

Health

The price of life

Let's compare Donald Newhouse's fortune with the healthcare spending of a massive country

Donald Newhouse could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 6.5 years.

But even if we compare their fortune with that of a rich country

On the other end, Donald Newhouse could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 2.9 years.

📚

Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Donald Newhouse could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 4.2 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Donald Newhouse could pay for it entirely for 5.8 years.

🔬

Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Donald Newhouse could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 24.2 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Donald Newhouse with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.5 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Donald Newhouse's fortune is equivalent to 99 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Donald Newhouse could buy 26,333,454 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 5 trucks to transport them. Although Donald Newhouse will almost certainly have enough money left over to pay for the gas.

🚚 🚚 🚚 🚚 🚚

Biography

Donald Newhouse and his late brother, Samuel "Si" inherited the publishing and broadcasting empire Advance Publications decades ago.

Donald long oversaw the newspaper business that his father Sam built up from the daily Staten Island Advance.

His brother, Si, who ran magazine publisher Conde Nast for years, died in October 2017.

Advance Publications also has stakes in Warner Bros. Discovery and social news site Reddit.

Amid a tumultuous media environment, Conde Nast sold W Magazine, Brides and Golf Digest in 2019; it laid off 100 employees in May 2020.

Financial Assets

Exchange
NASDAQ
Ticker
ASTR-US
Company
Astra Space
Exchange
NASDAQ
Ticker
CHTR-US
Company
Charter Communications Inc.
Exchange
NYSE
Ticker
RDDT-US
Company
Reddit Inc.
Exchange
NASDAQ
Ticker
WBD-US
Company
Warner Bros. Discovery Series A

Monthly wealth history

Fortune comparison

Historical data not available for comparison

Modules

Share

𝕏 Share on X 💬 Send via WhatsApp ✈️ Send via Telegram f Share on Facebook