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John George Hearst: Estate(s) The Hacienda, Hearst Castle, Hearst Ranch: The Hearst family is a wealthy American family based in California.
Under William Randolph Hearst's will, a common board of thirteen trustees (its composition fixed at five family members and eight outsiders) administers the Hearst Foundation, the William Randolph Hearst Foundation, and the trust that owns (and selects the 26-member [84] board of) the Hearst Corporation (parent of Hearst Communications which ...
John Augustine Chilton Hearst (born October 24, 1952) is an American business and media executive, film producer and philanthropist. [1] [2] He plays a leadership role in the family-owned Hearst Corporation, one of America's largest diversified media companies where he has been a member of the board of directors since 1990. [3]
The names "John Hearse" and "John Hearse Jr." appear on the council records of October 26, 1766, being credited with meriting 400 and 100 acres (1.62 and 0.40 km 2) of land on the Long Canes in what became Abbeville District, based upon 100 acres (0.40 km 2) to heads of household and 50 acres (0.20 km 2) for each dependent of a Protestant ...
George Randolph Hearst Jr. (July 13, 1927 – June 25, 2012) [1] was an American businessman and member of the wealthy Hearst family. He served as the chairman of the board of the Hearst Corporation from 1996 through to his death in 2012, succeeding his uncle Randolph Apperson Hearst. He was a director at the company for over forty years.
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Randolph Hearst never had the opportunity to become Chief Executive Officer. His father's will established a trust that had five family (initially his sons, then their heirs) and eight non-family trustees. All trustees served for life and elected their successors, which maintained the proportions of family and non-family trustees.
A family trust has an extended lifespan that enables it to distribute assets based on designated milestones (ie., marriage, having children). It can also fund the special needs care of a loved one ...
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