William Randolph Hearst
William Randolph Hearst

Celebrity Profile

Name: William Randolph Hearst
Occupation: Entrepreneur
Gender: Male
Birth Day: April 29, 1863
Age: 156
Birth Place: San Francisco, United States
Zodiac Sign: Taurus

Social Accounts

Height: in centimeters - N/A
Weight: in kg - N/A
Eye Color: N/A
Hair Color: N/A
Blood Type N/A
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William Randolph Hearst

William Randolph Hearst was born on April 29, 1863 in San Francisco, United States (156 years old). William Randolph Hearst is an Entrepreneur, zodiac sign: Taurus. Find out William Randolph Hearstnet worth 2020, salary 2020 detail bellow.

Trivia

His mansion Hearst Castle in San Simeon, California, was one of the few castles in the United States.

Net Worth

Net Worth 2020

$30 Billion

Salary 2020

Not known

With the net worth of $30 Billion, William Randolph Hearst is the # richest person on earth all the time follow our database.

William Randolph Hearst Salary Detail

Finally his financial advisors realized he was tens of millions of dollars in debt, and could not pay the interest on the loans, let alone reduce the principal. The proposed bond sale failed to attract investors, as Hearst's financial crisis became widely known. As Marion Davies's stardom waned, Hearst's movies also began to hemorrhage money. As the crisis deepened, he let go of most of his household staff, sold his exotic animals to the Los Angeles Zoo, and named a trustee to control his finances. He still refused to sell his beloved newspapers. At one point, to avoid outright bankruptcy, he had to accept a $1 million loan from Marion Davies, who sold all her jewelry, stocks and bonds to raise the cash for him. Davies also managed to raise him another million as a loan from Washington Herald owner Cissy Patterson. The trustee cut Hearst's annual salary to $500,000, and stopped the annual payment of $700,000 in dividends. He had to pay rent for living in his castle at San Simeon.

Before Fame

He was expelled from Harvard College for his practical jokes and alcohol use.

Biography Timeline

1886

William R. Hearst was born in San Francisco to George Hearst, a millionaire mining engineer, owner of gold and other mines through his corporation, and his much younger wife Phoebe Apperson Hearst, from a small town in Missouri. The elder Hearst later entered politics, and served as a US Senator, first appointed for a brief period in 1886, then elected later that year. He served from 1887 to his death in 1891.

1887

Searching for an occupation, in 1887 Hearst took over management of his father's newspaper, the San Francisco Examiner, which his father had acquired in 1880 as repayment for a gambling debt. Giving his paper the grand motto "Monarch of the Dailies", Hearst acquired the best equipment and the most talented writers of the time, including Ambrose Bierce, Mark Twain, Jack London, and political cartoonist Homer Davenport. A self-proclaimed populist, Hearst reported accounts of municipal and financial corruption, often attacking companies in which his own family held an interest. Within a few years, his paper dominated the San Francisco market.

1895

Early in his career at the San Francisco Examiner, Hearst envisioned running a large newspaper chain, and "always knew that his dream of a nation-spanning, multi-paper news operation was impossible without a triumph in New York". In 1895, with the financial support of his widowed mother (his father had died in 1891), Hearst bought the failing New York Morning Journal, hiring writers such as Stephen Crane and Julian Hawthorne, and entering into a head-to-head circulation war with Joseph Pulitzer, owner and publisher of the New York World. Hearst "stole" Richard F. Outcault, the creator of color comics, and all of Pulitzer's Sunday staff as well. Another prominent hire was James J. Montague, who came from the Portland Oregonian and started his well-known "More Truth Than Poetry" column at the Hearst-owned New York Evening Journal.

The Morning Journal's daily circulation routinely climbed above the 1 million mark after the sinking of the Maine and U.S. entry into the Spanish–American War, a war that some dubbed, "The Journal's War", due to the paper's immense influence in provoking American outrage against Spain. Much of the coverage leading up to the war, beginning with the outbreak of the Cuban Revolution in 1895, was tainted by rumor, propaganda, and sensationalism, with the "yellow" papers regarded as the worst offenders. The Journal and other New York newspapers were so one-sided and full of errors in their reporting that coverage of the Cuban crisis and the ensuing Spanish–American War is often cited as one of the most significant milestones in the rise of yellow journalism's hold over the mainstream media. Huge headlines in the Journal assigned blame for the Maine's destruction on sabotage, which was based on no evidence. This reporting stoked outrage and indignation against Spain among the paper's readers in New York.

1896

Under Hearst, the Journal remained loyal to the populist or left wing of the Democratic Party. It was the only major publication in the East to support William Jennings Bryan in 1896. Its coverage of that historic election was probably the most important of any newspaper in the country, attacking relentlessly the unprecedented role of money in the Republican campaign and the dominating role played by William McKinley's political and financial manager, Mark Hanna, the first national party 'boss' in American history. A year after taking over the paper, Hearst could boast that sales of the Journal's post-election issue (including the evening and German-language editions) topped 1.5 million, a record "unparalleled in the history of the world."

1898

The two papers finally declared a truce in late 1898, after both lost vast amounts of money covering the Spanish–American War. Hearst probably lost several million dollars in his first three years as publisher of the Journal (figures are impossible to verify). But the paper began turning a profit after it ended its fight with the World.

Hearst's use of yellow journalism techniques in his New York Journal to whip up popular support for U.S. military adventurism in Cuba, Puerto Rico and the Philippines in 1898 was also criticized in Upton Sinclair's 1919 book, The Brass Check: A Study of American Journalism. According to Sinclair, Hearst's newspapers distorted world events and deliberately tried to discredit Socialists. Another critic, Ferdinand Lundberg, extended the criticism in Imperial Hearst (1936), charging that Hearst papers accepted payments from abroad to slant the news. After the war, a further critic, George Seldes, repeated the charges in Facts and Fascism (1947). Lundberg described Hearst "the weakest strong man and the strongest weak man in the world today... a giant with feet of clay."

1902

Hearst was on the left wing of the Progressive Movement, speaking on behalf of the working class (who bought his papers) and denouncing the rich and powerful (who disdained his editorials). With the support of Tammany Hall (the regular Democratic organization in Manhattan), Hearst was elected to Congress from New York in 1902 and 1904. He made a major effort to win the 1904 Democratic nomination for president, losing to conservative Alton B. Parker. Breaking with Tammany in 1907, Hearst ran for mayor of New York City under a third party of his own creation, the Municipal Ownership League. Tammany Hall exerted its utmost to defeat him.

1903

In 1903, Hearst married Millicent Veronica Willson (1882–1974), a 21-year-old chorus girl, in New York City. Evidence in Louis Pizzitola's book, Hearst Over Hollywood, indicates that Millicent's mother Hannah Willson ran a Tammany-connected and protected brothel near the headquarters of political power in New York City at the turn of the 20th century. Millicent bore him five sons: George Randolph Hearst, born on April 23, 1904; William Randolph Hearst Jr., born on January 27, 1908; John Randolph Hearst, born in 1910; and twins Randolph Apperson Hearst and David Whitmire (née Elbert Willson) Hearst, born on December 2, 1915.

1905

Hearst won two elections to Congress, then lost a series of elections. He narrowly failed in attempts to become mayor of New York City in both 1905 and 1909 and governor of New York in 1906, nominally remaining a Democrat while also creating the Independence Party. He was defeated for the governorship by Charles Evans Hughes. Hearst's unsuccessful campaigns for office after his tenure in the House of Representatives earned him the unflattering but short-lived nickname of "William 'Also-Randolph' Hearst", which was coined by Wallace Irwin.

1910

Hearst was particularly interested in the newly emerging technologies relating to aviation and had his first experience of flight in January 1910, in Los Angeles. Louis Paulhan, a French aviator, took him for an air trip on his Farman biplane. Hearst also sponsored Old Glory as well as the Hearst Transcontinental Prize.

1915

In part to aid in his political ambitions, Hearst opened newspapers in other cities, among them Chicago, Los Angeles and Boston. In 1915, he founded International Film Service, an animation studio designed to exploit the popularity of the comic strips he controlled. The creation of his Chicago paper was requested by the Democratic National Committee. Hearst used this as an excuse for his mother Phoebe Hearst to transfer him the necessary start-up funds. By the mid-1920s he had a nationwide string of 28 newspapers, among them the Los Angeles Examiner, the Boston American, the Atlanta Georgian, the Chicago Examiner, the Detroit Times, the Seattle Post-Intelligencer, the Washington Times, the Washington Herald, and his flagship, the San Francisco Examiner.

1919

Beginning in 1919, Hearst began to build Hearst Castle, which he never completed, on a 240,000 acres (97,000 hectares; 970 square kilometres) ranch at San Simeon, California, which he had inherited from his father. He furnished the mansion with art, antiques, and entire historic rooms purchased and brought from the great houses of Europe. He established an Arabian horse breeding operation on the grounds of the ranch.

1920

An opponent of the British Empire, Hearst opposed American involvement in the First World War and attacked the formation of the League of Nations. His newspapers abstained from endorsing any candidate in 1920 and 1924. Hearst's last bid for office came in 1922, when he was backed by Tammany Hall leaders for the U.S. Senate nomination in New York. Al Smith vetoed this, earning the lasting enmity of Hearst. Although Hearst shared Smith's opposition to Prohibition, he swung his papers behind Herbert Hoover in the 1928 presidential election. Hearst's support for Franklin D. Roosevelt at the 1932 Democratic National Convention, via his allies William Gibbs McAdoo and John Nance Garner, can also be seen as part of his vendetta against Smith, who was an opponent of Roosevelt's at that convention.

1921

Millicent separated from Hearst in the mid-1920s after tiring of his longtime affair with Davies, but the couple remained legally married until Hearst's death. Millicent built an independent life for herself in New York City as a leading philanthropist. She was active in society and in 1921 created the Free Milk Fund for the poor.

1924

In 1924, Hearst opened the New York Daily Mirror, a racy tabloid frankly imitating the New York Daily News. Among his other holdings were two news services, Universal News and International News Service, or INS, the latter of which he founded in 1909. He also owned INS companion radio station WINS in New York); King Features Syndicate, which still owns the copyrights of a number of popular comics characters; a film company, Cosmopolitan Productions; extensive New York City real estate; and thousands of acres of land in California and Mexico, along with timber and mining interests inherited from his father.

1925

After seeing photographs of St. Donat's Castle in Country Life Magazine, Hearst bought the Vale of Glamorgan property in Wales and renovated it in 1925 as a love gift to Davies. The Castle was restored by Hearst, who spent a fortune buying entire rooms from castles and palaces in Europe. The Great Hall was bought from the Bradenstoke Priory in Wiltshire and reconstructed brick by brick in its current site at St. Donat's Castle. From the Bradenstoke Priory, he also bought and removed the guest house, Prior's lodging, and great tithe barn; of these, some of the materials became the St. Donat's banqueting hall, complete with a sixteenth-century French chimney-piece and windows; also used were a fireplace dated to c. 1514 and a fourteenth-century roof, which became part of the Bradenstoke Hall, despite this use being questioned in Parliament. Hearst built 34 green and white marble bathrooms for the many guest suites in the castle and completed a series of terraced gardens which survive intact today. Hearst and Davies spent much of their time entertaining and held a number of lavish parties, the guests at which included Charlie Chaplin, Douglas Fairbanks, Winston Churchill, and a young John F. Kennedy. When Hearst died, the castle was bought by Atlantic College, an international boarding school, which still uses it.

1929

In 1929, he became one of the sponsors of the first round-the-world voyage in an airship, the LZ 127 Graf Zeppelin from Germany. His sponsorship was conditional on the trip starting at Lakehurst Naval Air Station, New Jersey. The ship's captain, Dr. Hugo Eckener, first flew the Graf Zeppelin across the Atlantic from Germany to pick up Hearst's photographer and at least three Hearst correspondents. One of them, Grace Marguerite Hay Drummond-Hay, by that flight became the first woman to travel around the world by air.

1933

Hearst's crusade against Roosevelt and the New Deal, combined with union strikes and boycotts of his properties, undermined the financial strength of his empire. Circulation of his major publications declined in the mid-1930s, while rivals such as the New York Daily News were flourishing. He refused to take effective cost-cutting measures, and instead increased his very expensive art purchases. His friend Joseph P. Kennedy offered to buy the magazines, but Hearst jealously guarded his empire and refused. Instead, he sold some of his heavily mortgaged real estate. San Simeon itself was mortgaged to Los Angeles Times owner Harry Chandler in 1933 for $600,000.

1934

In 1934, after checking with Jewish leaders to ensure a visit would be to their benefit, Hearst visited Berlin to interview Adolf Hitler. When Hitler asked why he was so misunderstood by the American press, Hearst retorted: "Because Americans believe in democracy, and are averse to dictatorship." Hearst's papers ran columns without rebuttal by Nazi leader Hermann Göring and Hitler himself, as well as Mussolini and other dictators in Europe and Latin America. During that same year 1934, Japan / U.S. relations were unstable. In an attempt to remedy this, Prince Tokugawa Iesato traveled throughout the United States on a goodwill visit. During his visit, Prince Iesato and his delegation met with William Randolph Hearst with the hope of improving mutual understanding between the two nations.

1935

Hearst broke with FDR in spring 1935 when the president vetoed the Patman Bonus Bill for veterans and tried to enter the World Court. Hearst's papers were his weapon. They carried the publisher's rambling, vitriolic, all-capital-letters editorials, but he no longer employed the energetic reporters, editors, and columnists who might have made a serious attack. He reached 20 million readers in the mid-1930s, but they included much of the working class which Roosevelt had attracted by three-to-one margins in the 1936 election. The Hearst papers—like most major chains—had supported the Republican Alf Landon that year.

1937

The Hearst news empire reached a revenue peak about 1928, but the economic collapse of the Great Depression in the United States and the vast over-extension of his empire cost him control of his holdings. It is unlikely that the newspapers ever paid their own way; mining, ranching and forestry provided whatever dividends the Hearst Corporation paid out. When the collapse came, all Hearst properties were hit hard, but none more so than the papers. Hearst's conservative politics, increasingly at odds with those of his readers, worsened matters for the once great Hearst media chain. Having been refused the right to sell another round of bonds to unsuspecting investors, the shaky empire tottered. Unable to service its existing debts, Hearst Corporation faced a court-mandated reorganization in 1937.

Beginning in 1937, Hearst began selling some of his art collection to help relieve the debt burden he had suffered from the Depression. The first year he sold items for a total of $11 million. In 1941 he put about 20,000 items up for sale; these were evidence of his wide and varied tastes. Included in the sale items were paintings by van Dyke, crosiers, chalices, Charles Dickens's sideboard, pulpits, stained glass, arms and armor, George Washington's waistcoat, and Thomas Jefferson's Bible. When Hearst Castle was donated to the State of California, it was still sufficiently furnished for the whole house to be considered and operated as a museum.

1939

The old man was humiliated, but not defeated; he threw his energies into the editorials in his numerous publications, especially dealing with the fast-growing crisis in Europe. He still refused to attack Hitler. Fewer people listened, as Hearst for the first time in his career was treated as an outsider, a curiosity. He was further embarrassed in early 1939 when Time magazine published a feature which revealed he was at risk of defaulting on his mortgage for San Simeon and losing it to his creditor and publishing rival, Harry Chandler. This, however, was averted, as Chandler agreed to extend the repayment.

1945

After the disastrous financial losses of the 1930s, the Hearst Company returned to profitability during the Second World War, when advertising revenues skyrocketed. Hearst, after spending much of the war at his estate of Wyntoon, returned to San Simeon full-time in 1945 and resumed building works. He also continued collecting, on a reduced scale. He threw himself into philanthropy by donating a great many works to the Los Angeles County Museum of Art.

1947

In 1947, Hearst paid $120,000 for an H-shaped Beverly Hills mansion, (located at 1011 N Beverly Dr), on 3.7 acres three blocks from Sunset Boulevard. This home, known as Beverly House, was once perhaps the "most expensive" private home in the U.S., valued at $165 million (£130.5 million). It has 29 bedrooms, three swimming pools, tennis courts, its own cinema and a nightclub. Lawyer and investor Leonard Ross has owned it since 1976. The estate went on the market for $95 million at the end of 2010. The property is listed for sale on Zillow for an asking price of $125 million as of June of 2020.

In 1947, Hearst left his San Simeon estate to seek medical care, which was unavailable in the remote location. He died in Beverly Hills on August 14, 1951, at the age of 88. He was interred in the Hearst family mausoleum at the Cypress Lawn Cemetery in Colma, California, which his parents had established.

1950

His will established two charitable trusts, the Hearst Foundation and the William Randolph Hearst Foundation. By his amended will, Marion Davies inherited 170,000 shares in the Hearst Corporation, which, combined with a trust fund of 30,000 shares that Hearst had established for her in 1950, gave her a controlling interest in the Corporation. This was short-lived, as she relinquished the 170,000 shares to the Corporation on October 30, 1951, retaining her original 30,000 shares and a role as an advisor. Like their father, none of Hearst's five sons graduated from college. They all followed their father into the media business, and Hearst's namesake, William Randolph, Jr., became a Pulitzer Prize–winning newspaper reporter.

1974

Hearst was the grandfather of Patricia "Patty" Hearst, widely known for being kidnapped by and then joining the Symbionese Liberation Army in 1974. (Her father was Randolph Apperson Hearst, Hearst's fourth son).

1990

As Martin Lee and Norman Solomon noted in their 1990 book Unreliable Sources, Hearst "routinely invented sensational stories, faked interviews, ran phony pictures and distorted real events". This approach discredited "yellow journalism".

1998

The film Citizen Kane (released on May 1, 1941) is loosely based on Hearst's life. Welles and his collaborator, screenwriter Herman J. Mankiewicz, created Kane as a composite character, among them Harold McCormick, Samuel Insull and Howard Hughes. Hearst, enraged at the idea of Citizen Kane being a thinly disguised and very unflattering portrait of him used his massive influence and resources to prevent the film from being released—all without even having seen it. Welles and the studio RKO Pictures resisted the pressure but Hearst and his Hollywood friends ultimately succeeded in pressuring theater chains to limit showings of Citizen Kane, resulting in only moderate box-office numbers and seriously impairing Welles's career prospects. The fight over the film was documented in the Academy Award-nominated documentary, The Battle Over Citizen Kane, and nearly 60 years later, HBO offered a fictionalized version of Hearst's efforts in its original production RKO 281 (1999), in which James Cromwell portrays Hearst. Citizen Kane has twice been ranked No. 1 on AFI's 100 Years...100 Movies: in 1998 and 2007.

Family Life

William's marriage to Millicent Hearst was eroded by his long-lasting affair with Marion Davies. William had five sons named Randolph, John, George, David and William Jr.

Family Members

# Name Relationship Net Worth Salary Age Occupation
#1 Patricia Lake Daughter N/A N/A N/A
#2 George Hearst George Hearst Father $1.9 Billion N/A 199 Politician
#3 Patty Hearst Patty Hearst Granddaughter $50 million (2019) N/A 66 Celebrity Family Member
#4 William Randolph Hearst III Grandson N/A N/A N/A
#5 Lydia Hearst Lydia Hearst Great-granddaughter $100 million (2016) N/A 36 Model
#6 Phoebe Hearst Mother N/A N/A N/A
#7 Marion Davies Marion Davies Partner $3 Million (Approx.) N/A 64 Actor
#8 William Randolph Hearst Jr. Son N/A N/A N/A
#9 Randolph Apperson Hearst Son N/A N/A N/A
#10 George Randolph Hearst Son N/A N/A N/A
#11 David Whitmire Hearst Son N/A N/A N/A
#12 John Randolph Hearst Son N/A N/A N/A
#13 Millicent Hearst Spouse N/A N/A N/A

🎂 Upcoming Birthday

Currently, William Randolph Hearst is 159 years, 0 months and 21 days old. William Randolph Hearst will celebrate 160th birthday on a Saturday 29th of April 2023. Below we countdown to William Randolph Hearst upcoming birthday.

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