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Henry Robinson Luce (April 3, 1898 – February 28, 1967) was an American magazine magnate who founded Time, Life, Fortune, and Sports Illustrated magazines. He has been called "the most influential private citizen in the America of his day".
Nightly discussions of the concept of a news magazine led its founders Henry Luce and Briton Hadden, both age 23, to quit their jobs in 1922. Later that same year, they formed Time Inc. Having raised $86,000 of a $100,000 goal, the first issue of Time was published on March 3, 1923, as the first weekly news magazine in the United States. [8]
Luce took Hadden's name off the masthead of Time within two weeks of his death. In the next 38 years, he delivered more than 300 speeches around the world, mentioning Hadden four times. Luce acquired control of Hadden's papers, and he kept them at Time Inc., where no one outside the company was allowed to view the papers as long as Luce lived.
Those who already have significant experience in Asia or Asian studies are not eligible for the Luce Scholars Program. Candidates must be American citizens who have received at least a bachelor's degree and are no more than 30 years old by June 20 of the year they enter the program. Candidates may be nominated by one of 75 colleges and ...
In 1936, publisher Henry Luce purchased Life magazine for US$92,000 ($2.08 million in 2024) because he wanted the name for his company, Time Inc., to use. Time Inc. sold Life 's subscription list, features, and goodwill [ clarification needed ] to Judge .
That same year, which also saw the political emergence of future friend Ronald Reagan, marked the voluntary end of Henry Luce's tenure as editor-in-chief of Time. The Luces retired together, establishing a winter home in Arizona and planning a final move to Hawaii.
US courts ruled that families of victims of the bombing should get $1.75 billion in Iranian funds that were held in a New York Citibank account. The Iran-Contra Affair also involved Israel
Henry Luce also promoted Graham with coverage at this time, and by 1954 featured him on the cover of his magazine TIME. [15] According to Bothwell, Hearst and Luce supported Graham because of his anticommunist message. [17] Due to the Los Angeles crusade Evangelicalism was introduced as an influential force in American culture. [1]