William Randolph Hearst, III.

About William Randolph Hearst, III.

Birth Day: June 18, 1949
Birth Place: United States
Birth Sign: Cancer
Alma mater: Harvard University (A.B. Mathematics, 1972)
Occupation: Businessman, philanthropist
Title: Chairman of Hearst Corporation Editor and Publisher Journal of Alta California
Spouse(s): Margaret Hearst
Children: 4
Parent(s): William Randolph Hearst Jr. (father)

William Randolph Hearst, III. Net Worth

William Randolph Hearst, III. was born on June 18, 1949 in United States. William R. Hearst III, a grandson of publishing magnate William Randolph Hearst, is a board member of Hearst Corp. and an heir to the family fortune. Hearst Corp. owns newspapers, magazines, radio stations and stakes in cable TV channels Lifetime, A&E and ESPN, the latter being the most lucrative: Hearst's 20% share in the sports channel and its offshoots is worth over $11 billion. In July, Hearst Corp. and Disney agreed to buy Comcast's 15.8% slice of A&E in a deal worth $3 billion. The company is owned by a trust that makes annual distributions to William Randolph Hearst's heirs.The family also owns significant real estate, much of it in California, including Hearst Castle in San Simeon. Will Hearst is a partner emeritus at Silicon Valley venture capital firm Kleiner, Perkins Caufield & Byers. He was editor and publisher of the San Francisco Examiner newspaper from 1984 to 1995.
William Randolph Hearst, III. is a member of Media

💰William Randolph Hearst, III. Net worth: $2.3 Billion

2010 $2.1 Billion
2011 $2.2 Billion
2012 $2.3 Billion
2018 $2.3 Billion

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Biography/Timeline

1949

William Randolph Hearst III was born on June 18, 1949. His Father was william Randolph Hearst Jr., and his paternal grandfather was william Randolph Hearst. He graduated from the Canterbury School in New Milford, CT in 1967. He graduated from Harvard University in 1972 with an AB degree in mathematics.

1976

In 1976 he left the company to become the managing Editor of Outside magazine which was then being started by the Rolling Stone magazine founder Jann Wenner. He returned to the company and newspaper work in 1980. In 1992 he again left his job at the company, remaining on the board of Directors. The following year he succeeded his Father as a trustee of the trust that controls the company and chooses the Directors.

1984

In 1984 Hearst proposed buying Macintosh 128K computers from college students who could buy them from Apple Computer with an academic discount, and reselling them with a $1500 profit. In 1996, he was a co-founder of the @Home Network Broadband Internet Service with Milo Medin, cable companies TCI, Comcast and Cox Cable where he served as the company's first chief executive officer. In 1995, he was named partner at the Silicon Valley venture capital firm of Kleiner Perkins Caufield & Byers. He sits on several boards of Directors of companies in which the firm has Investments, including Hearst-Argyle Television. He served as a member of the board of Directors of Juniper Networks until May 2008.

2003

He became President of the william Randolph Hearst Foundation in early 2003.