Annenberg, Walter H. - from United States
Country of meeting: in the year 1978
Businessman, investor, philanthropist, and diplomat. Annenberg owned and operated Triangle Publications, which included ownership of The Philadelphia Inquirer, TV Guide, the Daily Racing Form and Seventeen magazine. He was appointed by President Richard Nixon as United States Ambassador to the United Kingdom, where he served from 1969 to 1974.
He bought additional print media as well as radio and television stations, resulting in great success. One of his most prominent successes was the creation of TV Guide in 1952, which he started against the advice of his financial advisors. He also created Seventeen magazine. During the 1970s, TV Guide was making a $600,000 to $1,000,000 profit per week.
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