. According to estimates, William Randolph Hearst was worth $3.11 billion (equivalent to $30.6 billion in 2020) at the time of his death. Annual Salary. Hearst controlled the editorial positions and coverage of political news in all his papers and magazines, and thereby often published his personal views. "[16], The two papers finally declared a truce in late 1898, after both lost vast amounts of money covering the SpanishAmerican War. Additionally, he kept his paper mostly loyal to the Democratic Party. He refused to take effective cost-cutting measures, and instead increased his very expensive art purchases. He threw himself into philanthropy by donating a great many works to the Los Angeles County Museum of Art.[79]. They had five sons. On September 9, 1948, Albert M. Lester of Carmel obtained a grant for the council of $20,000 from Hearst through the Hearst Foundation of New York City, offsetting the cost of the purchase.[65]. House leadership explicitly and directly targeted me and my district, Zephyr said in a statement. Born George Randolph Hearst Jr. on July 13, . The couple had five sons: George Randolph Hearst, born on April 23, 1904; William Randolph Hearst Jr., born on January 27, 1908; John Randolph Hearst, born September 26, 1909; and twins Randolph Apperson Hearst and David Whitmire (n Elbert Willson) Hearst, born on December 2, 1915. Hearst promoted writers and cartoonists despite the lack of any apparent demand for them by his readers. Among the biggest deals of 2021 was the $61.5-million deal for the Barron Hilton estate and Villa Firenze, a massive Beverly Park compound, which sold in at auction in April for $51 million. He had made most of his fortune with his career as an entrepreneur, newspaper publisher and politician. Millicent Hearst (grandmother) George Randolph Hearst Jr. (July 13, 1927 - June 25, 2012) [1] was an American businessman who served as the chairman of the board of the Hearst Corporation from 1996 through to his death in 2012, succeeding his uncle Randolph Apperson Hearst. One of them, Grace Marguerite Hay Drummond-Hay, by that flight became the first woman to travel around the world by air.[34]. He served on the board of the National Council of Christians and Jews, and was a member of the council of both the Metropolitan Museum of Art and the Museum of Modern Art in New York. [citation needed]. [1][2] He retired in favor of his nephew, George Randolph Hearst, Jr. Randolph Hearst never had the opportunity to become Chief Executive Officer. William Randolph Hearst's Family Tree Explained - Grunge George Randolph Hearst III is a current member of this family and the publisher of the Times Union newspaper. "[24] The Journal's journalistic activism in support of the Cuban rebels, rather, was centered around Hearst's political and business ambitions. We welcome all corrections and feedback using the button below. Tammany Hall exerted its utmost to defeat him. Randolph Apperson Hearst, as the chairman of the company since 1996. He paid the original grantee Jose de Jesus Pico USD$1 an acre, about twice the current market price.
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