Jann Simon Wenner was born on January 7, 1946. He is an American magazine mogul who helped start the popular culture magazine Rolling Stone and used to own Men’s Journal. While he was a student at the University of California, Berkeley, he participated in the Free Speech Movement. Wenner and Ralph J. Gleason, who was his mentor, helped start Rolling Stone in 1967.
Wenner helped start the Rock and Roll Hall of Fame and other publications later in his life. As a publisher and media figure, he has been in the middle of controversies about favoritism in the Hall of Fame and the end of his friendship with gonzo journalist Hunter S. Thompson. He claims that the reviews in his magazine were biased.
What Is Jann Wenner’s Net Worth?
The net worth of American publisher, entrepreneur, and producer Jann Wenner is $700 million as of 2023. Wenner Is The Co-Founder And Publisher Of The Magazine “Rolling Stone,” As Well As The Co-Founder Of The Rock And Roll Hall Of Fame.
Jann Wenner: Early Life Details
Jann Wenner was born Jann Simon Wenner in New York City on January 7, 1947. Wenner Is Of A Secular Jewish Background, And His Parents, Edward And Sim, Separated In 1958. Jann And His Sisters Merlyn And Kate Were Sent To Boarding Schools Following Their Parents’ Divorce. In 1963, Wenner graduated from Chadwick School in Los Angeles and enrolled at the University of California, Berkeley. Before dropping out of college in 1966, Jann wrote a column titled “Something’s Happening” for The Daily Californian, the student newspaper. Wenner’s mentor, “San Francisco Chronicle” jazz critic Ralph J. Gleason, assisted him in obtaining a position at “Ramparts” magazine.
Jann Wenner Career Details
Wenner and Gleason co-founded “Rolling Stone” magazine in San Francisco in 1967 after Wenner borrowed $7,500 from his family and his future wife’s family. In 1977, “Rolling Stone” relocated its headquarters to New York City. Despite a decline in circulation in the late 1970s and early 1980s, the magazine’s circulation reached a record high of 1.5 million copies every two weeks in 2006.
In May 2006, the magazine published its 1,000th issue with a three-dimensional holographic cover. A 2005 interview conducted by Jann with Bono of U2 earned a nomination for a National Magazine Award. He founded “Outside” magazine in 1977 and then sold it in 1978. Wenner briefly managed “Look” magazine, and in 1993 he founded “Family Life” magazine. In 1986, he co-purchased “Us Weekly” with The Walt Disney Company; in 2006, he acquired Disney’s share of the publication.
In September 2016, it was reported that Jann was selling a 49 percent stake in “Rolling Stone” to Singapore-based Bandlab Technologies. Later, Wenner Media Announced That the Remaining Stake Was Available for Purchase, and Penske Media Corporation Bought It, Later Acquiring Bandlab’s 49 Percent Stake. The Books “Gone Crazy And Back” (Robert Sam Anson), “Sticky Fingers: The Life And Times Of Jann Wenner And Rolling Stone Magazine” (Joe Hagan), And “Rolling Stone: The Uncensored History” Discuss Jann and “Rolling Stone” (Robert Draper).
Nominations and Awards
Jann received a Lifetime Achievement Award in the category of non-performer upon her 2004 induction into the Rock and Roll Hall of Fame. In 2010, Wenner was awarded the Norman Mailer Award for Lifetime Achievement in Magazine Publication.
Along with Tom Hanks, Gary Goetzman, Joel Gallen, and Joel Peresman, he was nominated for an Outstanding Variety, Music, or Comedy Special Primetime Emmy for “the 25th Anniversary Rock And Roll Hall Of Fame Concert” in the same year.
Wenner and Nye bought a 6,300-square-foot home in Montauk, New York, for $11.9 million in 2009. The house on the water has eight bedrooms, 6.5 bathrooms, and 1.5 acres of land. At the time of the sale, Jann owned at least five other properties, including a Manhattan brownstone that was 9,030 square feet, a Manhattan townhome that was 6,540 square feet, and a ski condo and ranch in Sun Valley, Idaho.
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