Samuel Irving Newhouse Sr. founded in 1922 the Advance Media company (named after the Staten Island Advance newspaper). The company has been proactively buying over the years, 20 newspapers odd newspaper, Condé Nast (which publishes Allure, Architectural Digest, Backchannel, Bon Appétit, Condé Nast Traveler, Epicurious, Glamour, GQ, Pitchfork, Self, Teen Vogue, The New Yorker, Vanity Fair, Vogue, and Wired), online companies like Wired, Lycos, Angelfire, Tripod, a major share in Reddit, and the Discovery Channel. The Newhouse family takes pride in their $18.5 billion wealth.