Jann Wenner Net Worth: How Much Did Rolling Stone Magazine Sell for?

Jann Wenner is an American publisher, entrepreneur, and producer with a net worth of $600 million. Wenner helped start “Rolling Stone” magazine and is its publisher. He also helped start the Rock and Roll Hall of Fame. Jann was a part of the Free Speech Movement, and in 1967, he and Ralph J. Gleason started the magazine “Rolling Stone.”

He helped Hunter S. Thompson, Joe Klein, and Cameron Crowe become writers. He also found the photographer Annie Liebovitz and has talked to Bill Clinton, John Kerry, Al Gore, Barack Obama, and Bono of U2.

Wenner started the magazine “Outside” in 1977. In 1986, he bought “Us Weekly,” and he used to own “Men’s Journal.” Jann also produced Boz Scaggs’s 1969 self-titled debut album, as well as several Rock and Roll Hall of Fame Induction Ceremony specials, the TV movies “Rolling Stone Magazine: The 10th Anniversary” (1977) and “Rolling Stone Presents Twenty Years of Rock & Roll” (1987), and the TV series “I’m from Rolling Stone” (2007).

He was nominated for a Primetime Emmy for making “The 25th Anniversary Rock and Roll Hall of Fame Concert” in 2009. In the 2000 Cameron Crowe movie “Almost Famous,” Wenner had a cameo. He was also a character in the movie, and Eion Bailey played him

Jann Wenner Early Years: A Look at His Childhood

Jann Wenner was born on January 7, 1947, in New York City. His full name is Jann Simon Wenner. Wenner comes from a Jewish family that is not religious. In 1958, Wenner’s parents, Edward and Sim, got a divorce. Jann and his sisters Merlyn and Kate were sent to boarding schools after their parents got a divorce.

Jann Wenner Net Worth

Wenner finished high school in Los Angeles at the Chadwick School in 1963, and then he went to the University of California, Berkeley. Before he quit college in 1966, Jann wrote a column for the student newspaper “The Daily Californian” called “Something’s Happening.” Ralph J. Gleason, a jazz critic for the “San Francisco Chronicle” and Wenner’s mentor, helped him get a job at “Ramparts” magazine.

Jann Wenner Career: When Was Rolling Stone Founded?

Wenner and Gleason started “Rolling Stone” magazine in San Francisco in 1967. Jann Wenner borrowed $7,500 from his family and the family of Jane Schindelheim, who would later become his wife. In 1977, “Rolling Stone” moved its headquarters to New York City. Even though the number of copies sold dropped in the late 1970s and early 1980s, 1.5 million copies of the magazine were sold every two weeks in 2006.

In May 2006, the magazine put out its 1,000th issue, which had a 3-D holographic cover. Jann was nominated for a National Magazine Award for an interview she did with Bono of the band U2 in 2005. He started “Outside” magazine in 1977 and then sold it in 1978.

Wenner was in charge of “Look” magazine for a short time, and in 1993 he started “Family Life.” In 1986, he and The Walt Disney Company bought “US Weekly.” In 2006, he bought Disney’s share of the magazine. In September 2016, it was said that Jann was selling 49% of “Rolling Stone” to a Singaporean company called BandLab Technologies. A year later, Wenner Media said that the remaining stake was for sale.

Penske Media Corporation bought it and then bought the 49% stake that BandLab had. The books “Gone Crazy and Back Again” by Robert Sam Anson, “Sticky Fingers: The Life and Times of Jann Wenner and Rolling Stone Magazine” by Joe Hagan, and “Rolling Stone: The Uncensored History” all talk about Jann and “Rolling Stone” (Robert Draper).

Wenner joined the Rock and Roll Hall of Fame Foundation in 1983. Fans of many artists have said that he is to blame for their not being in the Hall of Fame. They say that Jann has used his personal bias to stop certain artists from being nominated. In 2007, Peter Tork of The Monkees told the “New York Post” that “Jann Wenner is the only reason we aren’t in the Hall of Fame.

” Tork then said that Wenner “doesn’t care about the rules and works however he wants to. It is a misuse of authority. I don’t know if The Monkees should be in the Hall of Fame, but it’s pretty clear that we’re not there because of someone’s whim.” In 2020, Jann stopped being chairman of the Rock and Roll Hall of Fame Foundation.

Jann Wenner  Net Worth: How Much Did Rolling Stone Magazine Sell for?

According to celebritynetworth Jann Wenner’s net worth is expected to reach $600 million by 2022. Wenner owns both “Rolling Stone” magazine and the Rock and Roll Hall of Fame. Jann, a member of the Free Speech Movement, and Ralph J. Gleason got together in 1967 to form Rolling Stone. In December 2017, PMC paid just over $100 million for a controlling stake in Wenner Media, the company that owns Rolling Stone.

He talked to famous people like Bono of the band U2 and Joe Klein, a writer for The New Yorker. In his work for change, he has helped people like Bill Clinton, John Kerry, Al Gore, Barack Obama, and Bono. Wenner sold “Men’s Journal” in 1986. The following year, he bought “Us Weekly” and started putting out “Outside.”

Jann Wenner Net Worth

Jann has also made TV shows like “I’m from Rolling Stone” and TV movies like “Rolling Stone Magazine” that are based on the magazine. The 10th Anniversary” (1977) and “Rolling Stone Presents Twenty Years of Rock and Roll” (1987). In 1969, Boz Scaggs released his first album, which was called “Boz Scaggs.”

He was nominated for a Primetime Emmy for his work as a producer on the 2009 TV special “The 25th Anniversary Rock and Roll Hall of Fame Concert.” Wenner did more than just make a cameo in the 2000 Cameron Crowe movie “Almost Famous,” which starred Eion Bailey.

Jann Wenner’s Personal Life: Who is He Dating Right Now?

Jann married Jane E. Schindelheim on July 1, 1968. They had three sons: Alexander, Theodore, and Edward (better known as Gus). They divorced in 1995. Their divorce was finalized in 2011, and even after they were no longer together, Jane kept her job as vice president of Wenner Media.

Gus is also the head of digital operations for the company. Jann started dating fashion designer Matt Nye in 1995. They have a son, Noah, and twins, India and Jude, who were born to surrogate mothers. Wenner gave more than $60,000 to liberal groups and Democratic candidates between 2004 and 2006.

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Jann Wenner  Awards and Nominations

In 2004, Jann was inducted into the Rock and Roll Hall of Fame as a non-performer with a Lifetime Achievement award. The Norman Mailer Prize for Lifetime Achievement in Magazine Publishing was given to Wenner in 2010.

In the same year, he and Tom Hanks, Gary Goetzman, Joel Gallen, and Joel Peresman were nominated for a Primetime Emmy for Outstanding Variety, Music, or Comedy Special for “The 25th Anniversary Rock and Roll Hall of Fame Concert.”

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Jann Wenner Real Estate

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.

Summary

Jann Wenner helped start “Rolling Stone” magazine and is its publisher. Wenner has also produced Boz Scaggs’s 1969 self-titled debut album. He was nominated for a Primetime Emmy for making “The 25th Anniversary Rock and Roll Hall of Fame Concert”.

Jann Wenner borrowed $7,500 from his family and the family of Jane Schindelheim. Wenner joined the Rock and Roll Hall of Fame Foundation in 1983. The couple bought an $11.9 million home in Montauk, New York, in 2009. In 2010, he and Tom Hanks were nominated for an Emmy.

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