The Importance of William Randolph Hearst III
As of 2012, William Randolph Hearst III’s net worth is estimated to be around $2.3 billion.
He’s the son ofWilliam Randolph Hearst Jr. and the grandson ofWilliam Randolph Hearst (now deceased).
After finishing his math degree from Harvard University, Hearst III started working atHearst Corporation as an employee. Shortly, he became the publisher and editor ofSan Francisco Examinerwhich his grandfather lead during those times. Eventually he left the company and in 1976, he becameOutsidemagazine’s managing editor. In 1993, he succeeded William Randolph Hearst Jr. as a trustee of the trust in the business which commands the company and has the power to select the firm’s directors.
He is a cofounder [email protected] Network Broadband Internet service,Cox Cable, Comcast and TCI. He was the first chief executive officer of Cox Cable. Presently, he is a partner at Kleiner Perkins Caufield & Byers’Silicon Valleyventure capital firm. He’s moreover one of the members of the board of numerous businesses today which includeHearst-Argyle Television.
“For other people named William Hearst, see William Hearst (disambiguation)”
William Randolph Hearst III (born 1949) is an American heir, businessman and philanthropist.
His grandfather had also headed that newspaper, though his dad had been publisher of the New York Journal American. In some television advertisements Hearst III was shown having a dialog together with his grandfather’s portrait. (In fact, he was just two when his grandfather died.) In 1976 he left the organization to get to be the managing editor of Outside magazine which was subsequently being started by the Rolling Stone magazine founder Jann Wenner. He returned to the organization and newspaper work in 1980. In 1992 he again left his job in the firm, staying on the board of directors. The following year he succeeded his father as a trustee of the trust that controls the firm and picks the managers. In 1995, he was named associate in the Silicon Valley venture capital firm of Kleiner Perkins Caufield & Byers. He sits on several boards of directors of companies when the firm has investments, including Hearst-Argyle Television. He served as a member of the board of directors of Juniper Networks until May 2008.