Austin Hearst Net Worth

7 months ago

Austin Hearst is a prominent member of the Hearst family, born in the United States. He is a grandson of media baron William Randolph Hearst and younger brother of former venture capital investor William Randolph Hearst III. Austin is a successful TV and film producer, having produced the popular romance movie "The Vow" starring Rachel McAdams in 2012. He has also produced cartoon versions of popular comic strips Popeye and Son, and Beetle Bailey. The Hearst family owns the Hearst Corp., which includes newspapers, magazines, TV and radio stations, and stakes in cable networks ESPN, Lifetime, and A&E. The family also owns the 90,000-square-foot Hearst Castle in San Simeon, Calif. which was preserved in 2005 with the state paying the Hearsts $95 million.
Austin Hearst is a member of Media

Age, Biography and Wiki

Birth Place

United States

💰 Net worth: $1.9 Billion (2024)

Austin Hearst's net worth is projected to reach an impressive $1.9 billion in 2024. Renowned as a prominent figure in the media industry within the United States, Austin Hearst has not only inherited a significant fortune but also has made considerable developments on his own. As a member of the Hearst family, he has consistently amplified his family's empire while navigating the rapidly evolving media landscape. His wealth showcases his prowess and influence in the field, solidifying his position as a key player in shaping the media landscape for years to come.

2010 $1.8 Billion

2011 $1.9 Billion

2012 $1.9 Billion

2018 $1.9 Billion

Biography/Timeline

1902

Hearst is the founder, chairman and chief executive officer of Chestnut Holdings LLC, a private equity and agricultural development company. He partnered with Architect Philippe Stark and hotelier Alan Faena to develop the Faena Hotel+Universe in Buenos Aires. The investment into the building, first built in 1902 as a grain storage facility, was in excess of $100 million. With Christopher Burch, he completed the development of a $19 million luxury home developments in Nantucket, Massachusetts.

2014

Hearst is actively involved in a wide range of civic, philanthropic and global humanitarian causes, including early childhood development projects with Save the Children and the government of Bhutan, and community agricultural projects in South Sudan. He is on the board of Directors of Save the Children USA, an organization he has been closely involved with for more than 20 years. He was awarded The National Humanitarian 2014 Award. Hearst also serves on the board of advisors of the Blue School, and Karuna-Shechen, a non-profit humanitarian organization focused on providing education, Health care and social services in the greater Himalayan region.

2015

In fashion, Hearst was one of the first Investors in Tory Burch. Other Investments in the sector included Candela, Fashion Tech Forum, Jack Rogers, Soludos, and Bikyni. In 2015, he launched with his wife designer Gabriela Perezutti Hearst, Gabriela Hearst. In consumer products, he has been an initial investor in Jawbone and Tipa Bags among others. As a principal and founder of Bridge Builders some of the Investments in the mind fitness sectors included Headspace, eMindful and Muse.