Samuel Irving Newhouse Sr. (born Solomon Isadore Neuhaus; May 24, 1895 – August 29, 1979)[1] was an American broadcasting businessman, as well as a magazine and newspaper publisher.
[2] His father, Meier Neuhaus, was an immigrant from Vitebsk, then Russian Empire (now Belarus); and his mother, Rose (née Arenfeldt), was from Austria-Hungary.
His career in the practice of law was short-lived: he was so humiliated after losing the one case he took to trial that he paid his client the full amount of the damages he had requested.
In 1922, taking all his personal savings and partnering with Lazarus, he bought 51 percent of the Staten Island Advance for $98,000 and soon returned the paper to profitability.
He had no interest in starting new papers or in unrelated ventures, even declining an offer to purchase the New York Yankees.
Newhouse IV, is featured in a documentary called Born Rich about the experience of growing up as the heir to one of the world's greatest fortunes.
[8] Upon his death, he passed his voting common stock in the principal family company, Advance Publications, in trust to his six grandchildren and made his two sons the sole trustees.