Community Corner
Meet The Richest Person In New Jersey
Meet the man who Forbes says has more money (billions) than anybody in the entire state.
The newspaper industry may not earn as much money as it used to. But there is a man whose profits in the news business helped make him the richest person in New Jersey.
Forbes came out with it's list of the "Richest Person in Every State," and the richest person in New Jersey is....
Donald Newhouse, who has $12 billion that's "inherited and growing," according to Forbes.
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Donald, along with his brother Samuel, own Advance Publications, a media company that publishes The Star-Ledger. He has homes in Lambertville and Basking Ridge.
Newhouse, who was born in 1929, is considered both a business magnate and philanthropist. Advance Publications, which was founded by his father in 1922, also includes Condé Nast, which publishes Vogue, Vanity Fair and The New Yorker.
Find out what's happening in Basking Ridgefor free with the latest updates from Patch.
It also publishes newspapers The Plain Dealer in Cleveland and The Oregonian, etc. He's also considered among the 60 riches people in the United States.
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