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Walter Annenberg
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Walter Annenberg
Walter Hubert Annenberg KSG KBE (March 13, 1908 – October 1, 2002) was an American businessman, investor, philanthropist, and diplomat. Annenberg owned and operated Triangle Publications, which included ownership of The Philadelphia Inquirer, TV Guide, the Daily Racing Form and Seventeen magazine. He was appointed by President Richard Nixon as United States Ambassador to the United Kingdom, where he served from 1969 to 1974.
During his tenure as U.S. ambassador to the United Kingdom, he developed a close friendship with Queen Elizabeth II and other members of the royal family. After initial perceived missteps, he came to be admired for his dedicated work ethic, his wife's lavish entertaining, and personal gifts to support patriotic British causes, such as the restoration of St. Paul's Cathedral in London. He also paid for the renovation of Winfield House, the American ambassador's residence.
In his later years, Annenberg became one of the most prominent philanthropists in the United States. He established the Annenberg Foundation in 1989, and gave over $2 billion to educational establishments and art galleries, including both the Annenberg School for Communication at the University of Pennsylvania and USC Annenberg School for Communication and Journalism in Los Angeles. At Sunnylands, his 220-acre (89 ha) estate near Palm Springs, California, he entertained royalty, presidents and other celebrities; it is now a museum and retreat center dedicated to furthering the Annenbergs' legacies.
Walter Annenberg was born to a Jewish family in Milwaukee, Wisconsin, on March 13, 1908. He was the only son of Sadie Cecelia (née Friedman; 1879–1965) and Moses Annenberg, who published the Daily Racing Form and purchased The Philadelphia Inquirer in 1936. Annenberg was a stutterer since childhood.
He had seven sisters: Diana Annenberg (1900–1905), Esther Annenberg Simon Levee (1901–1992), Janet Annenberg Hooker (1904–1997), Enid Annenberg Bensinger Haupt (1906–2005), Lita Annenberg Hazen (1909–1995), Evelyn Annenberg Jaffe Hall (1911–2005), and Harriet Beatrice Annenberg Ames Aronson (1914–1969).
The Annenberg family moved to Long Island, New York, in 1920. Walter attended the Peddie School in Hightstown, New Jersey, where he graduated in 1927. He was admitted to the Wharton School at the University of Pennsylvania in Philadelphia, but dropped out without attaining a degree. While in college, he was a member of Zeta Beta Tau, a traditionally Jewish fraternity.
Annenberg was greatly affected by the tax evasion charges and other scandals involving his father in the 1930s. A significant part of his adult life was dedicated to rehabilitating the family's name through philanthropy and public service.
After his father's death in 1942, Annenberg took over the family businesses, making successes out of some that had been failing. He bought additional print media as well as radio and television stations, resulting in great success. One of his most prominent successes was the creation of TV Guide in 1952, which he started against the advice of his financial advisors. He also created Seventeen magazine. During the 1970s, TV Guide was making profits in the range of $600,000 to $1,000,000 per week.
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Walter Annenberg
Walter Hubert Annenberg KSG KBE (March 13, 1908 – October 1, 2002) was an American businessman, investor, philanthropist, and diplomat. Annenberg owned and operated Triangle Publications, which included ownership of The Philadelphia Inquirer, TV Guide, the Daily Racing Form and Seventeen magazine. He was appointed by President Richard Nixon as United States Ambassador to the United Kingdom, where he served from 1969 to 1974.
During his tenure as U.S. ambassador to the United Kingdom, he developed a close friendship with Queen Elizabeth II and other members of the royal family. After initial perceived missteps, he came to be admired for his dedicated work ethic, his wife's lavish entertaining, and personal gifts to support patriotic British causes, such as the restoration of St. Paul's Cathedral in London. He also paid for the renovation of Winfield House, the American ambassador's residence.
In his later years, Annenberg became one of the most prominent philanthropists in the United States. He established the Annenberg Foundation in 1989, and gave over $2 billion to educational establishments and art galleries, including both the Annenberg School for Communication at the University of Pennsylvania and USC Annenberg School for Communication and Journalism in Los Angeles. At Sunnylands, his 220-acre (89 ha) estate near Palm Springs, California, he entertained royalty, presidents and other celebrities; it is now a museum and retreat center dedicated to furthering the Annenbergs' legacies.
Walter Annenberg was born to a Jewish family in Milwaukee, Wisconsin, on March 13, 1908. He was the only son of Sadie Cecelia (née Friedman; 1879–1965) and Moses Annenberg, who published the Daily Racing Form and purchased The Philadelphia Inquirer in 1936. Annenberg was a stutterer since childhood.
He had seven sisters: Diana Annenberg (1900–1905), Esther Annenberg Simon Levee (1901–1992), Janet Annenberg Hooker (1904–1997), Enid Annenberg Bensinger Haupt (1906–2005), Lita Annenberg Hazen (1909–1995), Evelyn Annenberg Jaffe Hall (1911–2005), and Harriet Beatrice Annenberg Ames Aronson (1914–1969).
The Annenberg family moved to Long Island, New York, in 1920. Walter attended the Peddie School in Hightstown, New Jersey, where he graduated in 1927. He was admitted to the Wharton School at the University of Pennsylvania in Philadelphia, but dropped out without attaining a degree. While in college, he was a member of Zeta Beta Tau, a traditionally Jewish fraternity.
Annenberg was greatly affected by the tax evasion charges and other scandals involving his father in the 1930s. A significant part of his adult life was dedicated to rehabilitating the family's name through philanthropy and public service.
After his father's death in 1942, Annenberg took over the family businesses, making successes out of some that had been failing. He bought additional print media as well as radio and television stations, resulting in great success. One of his most prominent successes was the creation of TV Guide in 1952, which he started against the advice of his financial advisors. He also created Seventeen magazine. During the 1970s, TV Guide was making profits in the range of $600,000 to $1,000,000 per week.
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