ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NET WORTH

How Jann Wenner Chronicled the Changing Musical Landscape Across the Globe

Jann Wenner has earned not just from Rolling Stone but also magazines like, Men's Journal and Outside
UPDATED FEB 19, 2024
Getty Images | Cindy Ord
Getty Images | Cindy Ord
Name Jann Wenner
Net Worth $600 Million
Sources of Income Production, publishing
Gender Male
Date of Birth Jan 7, 1946 
Age 77 years
Nationality American
Profession Producer, publisher, actor

American publisher and entrepreneur best known as the co-founder and the publisher of "Rolling Stone" magazine, Jann Wenner has amassed a massive $600 million net worth. Other than that, he is also credited with co-founding the Rock and Roll Hall of Fame and being a part of the Free Speech Movement. 

Jann Wenner Getty Images | Theo Wargo
Jann Wenner Getty Images | Theo Wargo

But before chronicling the world of rock and roll with "Rolling Stone" he published a magazine called "Outside" in 1977 and then purchased the "US Weekly," in 1986. In the year 1987, he entered production with the television series, "I'm from Rolling Stone" and earned a Primetime Emmy nomination for producing the 2009 TV special "The 25th Anniversary Rock and Roll Hall of Fame Concert."

Although "Rolling Stone" remains Wenner's most renowned revenue-generating venture, he also has magazines such as "Men's Journal" under his belt. He has also extended his prowess to the world of film and television production, with cameos and acting gigs in movies and TV shows.

Wenner bought a 6,300-square-foot home in Montauk, New York in year 2009 for a whopping $11.9 million. In addition to that, he owns 4 more properties including a 9,000-square-foot Manhattan brownstone, 6,000 square-foot Manhattan townhome, a ski condo, and a ranch in Sun Valley, Idaho. 



 

Jann Wenner was born on January 7, 1947, in New York City and started living in a boarding school after his parents got divorced. As a student, he wrote a column called "Something's Happening", which helped him get a job at "Ramparts" magazine. He co-founded "Rolling Stone" magazine after borrowing  $7,500 from his family. He became a member of the Rock and Roll Hall of Fame Foundation and was later named chairman before leaving the position in 2020. He played a key role in popularising writers like Grover Lewis, Timothy Crouse, Timothy Ferris, Joe Klein, Cameron Crowe, and more. Until 1977, the company was operating from San Francisco but later moved to New York City following which the magazine's circulation plummeted a bit. 

Wenner was personally known for being involved in many interviews and some of his most famous interviews included that of Bill Clinton, Barack Obama, and Al Gore.

He bought the "US Weekly" in the year 1986 with The Walt Disney Company and in 2006 he purchased Disney's share of the magazine as well. In the year 2016, it was reported that Jann was Selling a 49% stake in Rolling Stone to BandLab Technologies.

He is also the founder of Outside, a magazine which he founded back in 1977 along with William Randolph Hearst III and Jack Ford. In 2016, the parent company of Rolling Stone, Wenner Media's 49% stake was up for sale and was later sold to  Singaporean company BandLab Technologies.

Later in 2017. the remaining 51% was bought by Penske Media Corporation who also acquired the previous 49% from BandLab. 

He married Jane E. Schindelheim in 1968 and they share sons Alexander, Theodore, and Edward. The then couple separated in 1995 and their divorce was finalized in 2011. In the year 1995, Jann started seeing fashion designer Matt Nye. The couple has three children, a son Noah, and twins, India and Jude via surrogacy. 

Wenner received backlash when he pulled the $75,000 that he promised to provide in the 1976 presidential campaign Hunter S. Thompson at the last moment. He again made headlines for firing rock critic Jim DeRogatis in 1996 after DeRogatis gave a bad review for the band Hootie and the Blowfish. He again came under scrutiny when he said that 'none of them (female artists) were as articulate enough on this intellectual level."



 

Controversy struck when Wenner was removed from the Rock & Roll Hall of Fame Foundation's board over derogatory remarks about female musicians and artists of color. He later apologized for his comments saying that they "diminished the contributions of black and women artists," as per the Washington Post.

Jan was inducted into the Rock and Roll Hall of Fame in the year 2004 and received the Lifetime Achievement in the nonperforming category. In the year 2010, Wenner bagged the Normal Mailer Prize for Lifetime Achievement in Magazine Publishing. This was the same year when he also earned a nomination for Primetime Emmy Nomination for Outstanding Variety, Music, or Comedy Special for "The 25th Anniversary Rock and Roll Hall of Fame Concert."

Was Jann Wenner Removed from the Rock Hall of Fame Foundation?

He was removed from the board following derogatory remarks about artists.

How did Rolling Stone magazine get its name?

Rolling Stone magazine was named after an old saying: ‘A Rolling Stone gathers no moss'.

Was Jann Wenner Removed From The Rock And Roll Hall Of Fame Foundation’s Board Of Directors?

Yes, he was removed from the board of the Rock & Roll Hall of Fame Foundation, which he also helped found.

Is Jann Wenner Still Actively Involved In The Media Industry?

After stepping away from the publication, he has written two books.

How Has Wenner Adapted To The Digital Age In The Media Industry?

He has adapted to the digital age with the help of multimedia tools.

Does Jann Wenner have children?

He has 6 children. Gus Wenner, Alexander Jann Wenner, Theodore Simon Wenner, India Rose Wenner, Jude Wenner, Noah Wenner.

MORE ON MARKET REALIST
The legendary lead vocalist of the celebrated rock band U2 has built a vast empire and is now the second richest rockstar on the planet.
Oct 3, 2024
Trump's impressive car collection includes McLaren Mercedes SLR, Rolls-Royce, and even an exclusive Cadillac.
Sep 27, 2024
The nursing student from Georgia found his trading account balance rise to a whopping $1,309,245,148,628.7
Sep 26, 2024
Nicholas Puech, who owned a 5.7% stake in the luxury brand, has claimed he has nothing left in bank.
Sep 25, 2024
Is it surprising that the billionaire isn't a frequent shopper at the grocery store?
Aug 31, 2024
The pay gap led to her passing over the role and it ultimately went to a newcomer.
Aug 20, 2024
American businessman Charles Francis Feeney was called the "James Bond of Philanthropy" by Forbes.
Aug 14, 2024
Swift's partner Travis Kelce is estimated to be worth $70 million and the cat is richer than him
Aug 5, 2024
He spent his teenage years earning just $1 per hour by offering tourist tours
May 14, 2024
The rapper earns primarily from album and mixtape sales, endorsements, concerts, tours, live performances, and shows.
May 3, 2024
From real estate mavens and fashion PR queens to content creators and resilient entrepreneurs, these women bring a diverse range of experiences to RHONY.
Apr 27, 2024
For two years, soaring inflation eroded most workers' wage gains but recent data from the Bureau of Labor Statistics suggests that the tide is turning.
Apr 7, 2024
From global show to international tours, delve into the singing maestro Taylor Henderson's net worth
Apr 7, 2024
Today, many artists don't limit themselves to one art form but expand by launching their fashion lines or tieing up with charitable organizations
Mar 24, 2024
Take a look at how the financial maestro Carlos Slim Helubuild himself and his generations a legacy
Mar 24, 2024
These changes represent significant adjustments to the program, impacting millions of recipients across the United States.
Mar 16, 2024
Corporate brands usually rely on popular software to smooth operations but major software malfunctions have also spelled disaster for companies and consumers.
Mar 10, 2024
The scammers went to great lengths to make their scheme convincing, even going as far as creating a fake SpaceX YouTube channel with 180,000 subscribers
Mar 10, 2024
Leveraging technology to take on small jobs and tasks can help you earn extra cash quickly.
Mar 5, 2024