
One of the most powerful—and controversial—figures in the history of US journalism, Luce founded
Time magazine in 1923 with former Yale classmate Briton Hadden. It was the first news-weekly in the US and is now the largest. Luce went on to launch a number of other highly successful magazines, including
Fortune,
Life, and
Sports Illustrated. What was the estimated value of his share of
Time stock at the time of his death?
Discuss
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