Walter Annenberg

Walter Annenberg
From Wikipedia, the free encyclopedia

United States Ambassador to theUnited Kingdom
In office1969–1974
President
Richard Nixon
Preceded by
David K.E. Bruce
Succeeded by
Elliot Richardson
Born
March 13, 1908Milwaukee, Wisconsin
Died
October 1, 2002Wynnewood, Pennsylvania
Nationality
American
Spouse
Veronica Dunkelman (1938–1950)Leonore Rosenstiel Annenberg (1951–2002)
Residence
Wynnewood, PennsylvaniaRancho Mirage, California
Occupation
publisher, diplomat, philanthropist
Religion
Jewish
Website
Annenberg Foundation
Walter Hubert Annenberg (March 13, 1908 – October 1, 2002) was an American billionaire publisher, philanthropist, and diplomat.
Contents[hide]
1 Early life
2 Business life
3 Philanthropy and later life
4 Personal life
4.1 Death
5 References
6 External links
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[edit] Early life
Walter Annenberg was born in to a Jewish family in Milwaukee, Wisconsin on March 13, 1908. He was the son of Sarah and Moses "Moe" Annenberg, who published The Daily Racing Form and purchased The Philadelphia Inquirer in 1936.[1] The Annenberg family moved to Long Island, New York in 1920,[2] and Walter attended high school at the Peddie School in Hightstown, New Jersey, graduating in 1927.[2] He went on to college at the Wharton School of the University of Pennsylvania, graduating in 1931. While in college he was a member of Zeta Beta Tau, a Jewish fraternity.

[edit] Business life
In 1942, after his father's death, 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, successfully managing them as well. One of his most prominent successes was the creation of the TV Guide in 1952, which he started against the advice of his financial advisers. He also created and benefitted well from Seventeen magazine.
While Annenberg ran his publishing empire as a business, he was not afraid to use it for his own ends. One of his publications, The Philadelphia Inquirer, was influential in ridding Philadelphia of its largely corrupt city government in 1949. It attacked Senator Joseph McCarthy in the 1950s,[citation needed] and campaigned for the Marshall Plan following World War II.[3]
In 1966, Annenberg used the pages of The Inquirer to cast doubt on the candidacy of Democrat Milton Shapp, for governor of Pennsylvania. Shapp was highly critical of the proposed merger of the Pennsylvania Railroad with the New York Central and was pushing the U.S. Interstate Commerce Commission to stop it. Annenberg, a significant shareholder of the Pennsylvania Railroad, wanted to see the merger go through and was frustrated with Shapp's opposition. During a press conference, an Inquirer reporter asked Shapp if he had ever been a patient in a mental hospital. Having never been in one, Shapp said no. The next day's headline in The Inquirer read "Shapp Denies Ever having been in a Mental Home." Shapp attributed his loss of the election to Annenberg's newspaper.[3]

[edit] Philanthropy and later life
Even while an active businessman, Annenberg had an interest in public service. After Richard M. Nixon was elected President, he appointed Annenberg as ambassador to the Court of St. James's in the United Kingdom. In 1969 Annenberg sold The Inquirer and the Philadelphia Daily News, which he bought in 1957, to Knight Newspapers for US$55 million. After being appointed as ambassador, he became quite popular in Britain, eventually being knighted with the Order of the British Empire.
Annenberg led a lavish lifestyle. His "Sunnylands" winter estate in Rancho Mirage, California (near Palm Springs) hosted gatherings with such people as President Ronald Reagan and First Lady Nancy Reagan, Frank Sinatra, Bob Hope, Bing Crosby and Charles, Prince of Wales. It was Annenberg who introduced President Reagan to British Prime Minister Margaret Thatcher, and the Reagans often celebrated New Year's Eve with the Annenbergs. Leonore Annenberg was named by President Ronald Reagan as the State Department's Chief of Protocol as well. Sunnylands covers 400 acres (1.6 km²) guard-gated on a 650-acre (2.6 km²) parcel surrounded by a stucco wall at the northwest corner of Frank Sinatra Drive and Bob Hope Drive; the property includes a golf course.[4] Annenberg established the Annenberg Schools for Communication at the University of Pennsylvania and the University of Southern California. He became a champion of public television, acquiring many awards, including the Presidential Medal of Freedom from Reagan and the Linus Pauling Medal for Humanitarianism. In 1989, he established the Annenberg Foundation, and 1993, created the Annenberg Challenge, a US$500 million, five-year reform effort and the largest single gift ever made to American public education.
He sold TV Guide, Seventeen, and a few other publications to Australian publishing magnate Rupert Murdoch in 1998 for US$3 billion, announcing that he would devote the rest of his life to philanthropy.
During his lifetime, it is estimated that Annenberg donated over US$2 billion. "Education...", he once said, "holds civilization together"[5]. Many school buildings, libraries, theaters, hospitals, and museums across the United States now bear his name. His collection of French impressionist art is valued at approximately US$1 billion and has been donated to the Metropolitan Museum of Art in New York City.

[edit] Personal life
Annenberg's first marriage, to Veronica Dunkelman, ended in divorce in 1950 after eleven years together. While married Dunkelman and Annenberg had two children: a daughter, Wallis, and son, Roger. Roger committed suicide in 1962; to commemorate his death, Harvard University, where Roger was a student at the time, now has a Roger Annenberg Hall named in his honor. Annenberg's 1951 marriage to his second wife, Leonore "Lee" Cohn Rosentiel, was, by all accounts, a lasting and fulfilling relationship. Lee was a niece of Harry Cohn, founder and successful mogul of Columbia Pictures.

[edit] Death
Annenberg died at his home in Wynnewood, Pennsylvania on October 1, 2002 from complications dealing with pneumonia; he was aged 94.[6] He was survived by his wife Leonore, daughter Wallis, and two sisters, Enid Haupt, and Evelyn Hall. Including those by his wife's daughters from her first marriage (Diane Deshong and Elizabeth Kabler), he left behind seven grandchildren and six great-grandchildren.[6]

[edit] References
^ Wilkinson, Gerry. The History of the Philadelphia Inquirer. Broadcast Pioneers of Philadelphia. Retrieved on 2007-11-24.
^ a b Gunzerath, David. Walter Annenberg. The Museum of Broadcast Communications. Retrieved on 2007-11-24.
^ a b Ogden, Christopher (1999). Legacy: A Biography of Moses and Walter Annenberg. New York: Little, Brown and Company. ISBN 0-316-63379-8.
^ Rosenthal, Andrew. "Citizen Reagan Won't Be a Retiree", The New York Times, 1989-01-02. Retrieved on 2007-11-24.
^ Krieger, Diane, "Forever Annenberg", Trojan Family Magazine, http://www.usc.edu/dept/pubrel/trojan_family/winter02/annenberg.html, Winter 2002
^ a b (2002-10-08) "A Lasting Legacy". University of Pennsylvania Almanac 49 (7). Philadelphia, Pennsylvania: University of Pennsylvania. Retrieved on 2007-11-24.

[edit] External links
Walter Annenberg at The Museum of Broadcast Communications
Walter Annenberg on 2000 Forbes 400 (oldest member of the list)
Legacy of Annenbergs in PA GOP