James Gordon Bennett, Sr. Net Worth

By the time Bennett turned control of the New York Herald over to his son James Gordon Bennett Jr. (1841-1912), at age 25 in 1866, it had the highest circulation in America but would soon face increasing competition from Greeley's Tribune and soon in the next decades, from Joseph Pulitzer's New York World, william Randolph Hearst's New York Journal, along with Henry J. Raymond's The New York Times. However, under the younger Bennetts' stewardship, the paper slowly declined under the increasing stiff competition and changing technologies in the late 18th century and, after his 1912 death, it was merged a decade later with its former arch-rival, the New York Tribune in 1924, becoming the New York Herald Tribune for another 42 years meeting with considerable success and reputation in its near last half-century, until finally closing in 1966-1967.

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