DeWitt Wallace net worth and salary: DeWitt Wallace is a Entrepreneur who has a net worth of $1.5 billion. DeWitt Wallace was born in Saint Paul, in November 12, 1889. Founder of Reader's Digest magazine, the long-running anthology of popular articles.
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💰DeWitt Wallace Net worth: $1.5 billion
About
Founder of Reader's Digest magazine, the long-running anthology of popular articles.
Before Fame
He served in the Army in World War I. After being wounded in action, he spent four months in the hospital recovering.
Trivia
He read popular magazines to pass the time, and he started bookmarking his favorite articles. He then hit on the idea of creating a portable compendium of those articles.
Family Life
His wife Lila Bell Wallace helped him found the Reader's Digest magazine. Their first issue came out in 1922.
Associated With
He and his wife were both staunch supporters of Richard Nixon, and their choice of articles for inclusion into Reader's Digest reflected that political view.
