William Randolph Hearst was an American business tycoon, a newspaper publisher and a politician. He is well known for founding the Hearst Communications. His influence in the American newspaper industry is quite notable. Let’s have a close look at the net worth of the William Randolph Hearst in 2018.
Early Life & Biography:
William Hearst was born on 29 April 1863 in the California, United States to Phoebe Apperson and the George Hearst. He was born into a wealthy family. He completed his schooling from the St. Paul’s School. Later, he went to Harvard College.
Now, it is the time to talk about the private life of the William Hearst. William tied a knot with the Millicent Wilson in 1903. Millicent gave birth to 5 children: George Hearst, William Hearst Jr., Randolph Hearst, John Hearst, David Hearst.
Later, William started dating an actress, Marlon Davies and they started living together from 1919. During the same period, Millicent separated from the William.
On 14 August 1951, William Hearts died due to the Myocardial infarction.
Career, Awards & Nominations:
From the starting of his career, he was very clear about what he exactly wants to do. William decided against establishing the largest newspaper chain in the United States. In 1985, he started the New York Morning Journal along with the writers like Julian Hawthorne, Joseph Pulitzer, etc.
At that time, he was criticised for the “yellow journalism”. After a great success in the journalism industry, he expanded his newspaper chain the cities like Boston, Los Angeles and the Chicago. In 1915, he established the International Film Service. Till 1924, he was the owner of the International News Service, Universal News and the New York Daily Mirror.
Apart from the business, William was also the part of the politics. He won the first two elections of his career. But after a small success in the politics, William failed massively. He was unable to become the Mayor of the New York City in 1905 and 1909.
There are some movies which are based on the life of the William Hearst. “Citizen Kane” is considered as the hit movies which is based entirely on his life. “Citizen Kane” was placed on the no.1 position on the AFI’s 100 Years…100 Movies. His life story was also mentioned in the novel, “The Big Money”.
New Worth & Earnings:
At the time of the death, the net worth of the William Hearst was around $30 billion. That’s tremendous wealth! He generates such a considerable wealth from his businesses. During the last years of his life, he started donating things and became a well-known philanthropist. The Hearst Foundation and the William Hearst Foundation are his trusts, and most of the part of his wealth was given in the social work.
Though William Hearst was born into a wealthy family, he maintained the royal beauty of his family. In today’s world, the Hearst family is considered as the prominent family in the USA. His leadership, intelligence influenced thousands of Americans.