Walter was an incurable stutterer, and this alone could have doomed him to obscurity in the long shadow cast by his parents. His father, Moses, had made a fortune in the publishing business as owner of the Daily Racing Form. Then in 1936, his dad purchased The Philadelphia Inquirer, which is currently the third oldest surviving newspaper in the United States.
His parents’ wealth enabled Walter to attend the prestigious Wharton School of Business. But he felt impatient to succeed as a businessman and stock investor, so he said, “T-t-to h-h-hhhell with Whar-Wharton,” and dropped out. Why, he belonged to a distinguished and wealthy family! His father was a great success! Surely he could succeed without all that Wharton education! Success was in his genes, after all.
But family fortunes come, and family fortunes go. In 1939, Moses was indicted for income tax evasion. He was fined $8 million, which at the time was the largest single tax fraud penalty in history. But even worse, he was sentenced to three years in prison.
The family name had been ruined, and their publishing empire began to crumble. Then, like the trials of Job, matters deteriorated further. Moses fell ill with a brain tumor. He was released from prison in 1942, and died six weeks later, at age 65.
By this time the family’s publishing businesses were floundering in oceans of red ink. Walter had seven sisters, but he was Moses’ only son. It was left to him to take over the helm. This 34-year-old dropout, who had stuttered all his life, now had to fill his father’s great shoes. He had to reach deep inside and dredge up what business skills he’d managed to hone, to try to salvage the family’s empire.
But in spite of being a dropout and stutterer, he proved a master! He truly had an instinct for business, and under his direction he raised negative Profit & Loss statements into positive numbers, transforming red ink into solid black. And this success left him feeling hungry. He purchased more print media, as well as some radio and television stations. He even created new publications, such as Seventeen magazine.
In 1947 he formed Triangle Publications, and brought all the family’s publishing businesses under its umbrella. And in 1952 he created TV Guide magazine, which everyone predicted would fail. With its surprising success, he proved himself a visionary in the publishing industry.
But Walter wasn’t all about money. He also had his causes. He got political, and campaigned for the Marshall Plan after World War II ended. In 1949, he used The Philadelphia Inquirer to rid the City of Brotherly Love of corruption in its government. And in the 1950s, he attacked the madness of McCarthyism.
But still, money was never far from his mind. In 1966, he used the Inquirer for both political and personal gain. Walter was the largest individual stockholder in the Pennsylvania Railroad, and he stood to make a windfall if it merged with the New York Central Railroad.
But the Democratic candidate for governor of Pennsylvania, Milton Shapp, vowed to stop the merger. One day, in a press conference, a reporter for the Inquirer asked Shapp if he had ever been a patient in a mental hospital. Shapp simply and honestly answered, “No.” The next day, the front page headline of the Inquirer proclaimed, “Shapp Denies Mental Institution Stay.” Shapp lost the election and blamed the Inquirer.
In the 1960s, Walter moved west and built the largest house in Riverside County, California. It was a 25,000 square-foot opulence with a pink roof, attached guest quarters, three guest cottages, a private 9-hole golf course, and 13 man-made lakes. He adorned the walls of the main house with original paintings by Picasso, Van Gogh, Wyeth, and Monet.

Walter dubbed his huge estate, “Sunnylands,” and was determined to make it the “Camp David of the West.” And he largely succeeded, as it became a magnet for U.S. presidents and other political leaders. During the lifetimes of Walter and his wife, Leonore, this 200-acre estate that glittered in the desert of Rancho Mirage, California, hosted eight current and former presidents. These were Eisenhower, Nixon, Ford, Reagan, Clinton, both Bushes, and Obama.

It also hosted the refugee family of the Shah of Iran, who had fled the Islamic Revolution. Other foreign dignitaries included Chinese President Xi Jinping, British Prime Minister Margaret Thatcher, Queen Elizabeth II and Prince Phillip, and occasional visits by Prince Charles. Royalty from the entertainment world frequented the estate too, including George Burns, Bob Hope, Bing Crosby, Fred Astaire, Ginger Rogers, Frank Sinatra, Sammy Davis, Jr., Gregory Peck, Mary Martin, and Truman Capote.

And this only scratches the surface of the many luminaries who have tossed away their cares and relaxed at Sunnylands. Even today, long after Walter’s death, his estate is used by prominent VIPs for meetings and retreats.

Walter was a good friend of President Richard Nixon, and Nixon reciprocated this friendship by appointing him ambassador to the United Kingdom. He distinguished himself in that capacity from 1969 to October 1974, stepping down two months after Nixon’s resignation.

Nixon often visited Sunnylands during his presidency. In fact he wrote his State of the Union address in January 1974, while a guest at Walter’s estate. And on September 8th, 1974, Tricky Dick was Walter’s guest when President Ford announced to the nation his decision to grant Nixon “a full, free and absolute pardon.”
Ronald Reagan was also a regular guest at Walter’s estate, and celebrated New Year’s Eve with Walter and his wife, 18 times between 1974 and 1993, including all eight years that he was president.
During those years, Sunnylands was more commonly known as the Annenberg Estate; Annenberg being Walter’s last name. Walter had striven for many years to rehabilitate his family’s name, and Sunnylands did much to dissolve the tarnish.

Beginning in 1969, Walter began selling off the assets of Triangle Publications, while devoting himself more and more to philanthropy. The first to go was The Philadelphia Inquirer, to appease Milton Shapp, who complained of a smear campaign against him. A year later, Shapp was finally elected governor.
Radio and TV stations were gradually divested. Finally, in 1988, the remaining assets of Triangle Publications were sold to Rupert Murdoch for 2.83 billion dollars. This was one of the largest financial transactions ever, at that time.

In 1989, Walter used his billions from the Murdoch transaction to establish the Annenberg Foundation. This philanthropic giant lumbers on to this day, funding non-profit organizations throughout the United States and world.
Walter succumbed to pneumonia in 2002, at age 94. His wife, Leonore, carried on with the family’s philanthropy until her death in 2009. Now his 84-year-old daughter, Wallis, presides over the Annenberg Foundation.

It’s estimated that during Walter’s lifetime, he donated over $2 billion to various non-profits. His family name blazes across school buildings, libraries, theaters, and hospitals across the U.S.A. And this name bears witness to his generosity.
But more importantly, this name, that was once uttered in contempt by Americans, is now highly regarded by most anyone familiar with it, no matter their political persuasion. A name restored to honor by the hard work and caring heart of Moses’ loyal son, Walter Annenberg.

###
Categories: History
I wonder what the HOA fees are for that place.
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Rather hefty. But it includes greens fees and a pool man.
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If I had a pool man, I’d be drowning in debt.
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Pool men are always checking the chemistry of the water. But if I had a pool man, I’d keep an eye on the chemistry between him and my wife.
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Now I know why Brad never wanted us to have a pool. 😂
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Yes, it’s a hazard that husbands have to be wary of.
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And here I thought it was only because of it increasing what we would have to pay for property insurance.
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Yes, that’s a good excuse, er, I mean, reason.
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Haha!
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He has no worries, I know I have it good! 🙂
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Yes you do. And all off the back of poor Brad.
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😶🤚!
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Excellent post, Tippy! Walter must have been extremely strong-willed to overcome a speech impediment and overcome the family’s ruin to become successful! I also liked how you outlined the role of media in affecting popular opinion during an election!
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Thanks. I think that was a funny dirty trick Walter pulled. He probably got it from his friend, Tricky Dicky.
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It was funny! I actually laughed! 😆 🤣
It’s interesting that the same, if not worse, tactics are still being used today to influence the public!
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Yep, and it will never end. That’s politics. It’s cutthroat, but it can be comical, too.
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Very true, politics can be laughable!
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Yes, I laughed too. So sly, and so true at how poltics and the news work!
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Right! It’s especially bad here in Alberta with the provincial election looming… eye roll…
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I do so many eye rolls when election time draws near. Drives me insane. Hang in there!
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I just hope when our next election comes around, that you won’t run out of head smacks.
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HA! I may. Pretty sure that you got too many today.
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🙏 thank you so much, Carolyn! I’ve actually sworn off social media because I’m absolutely nauseated by the political dogma! 😟
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Ooh I hear ya. It can get real bad! Glad you didn’t swear off of the WP. 🙂
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Luckily, I belong to a wonderful blogging community. You all help keep me sane! 😆 🤣 😂
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Its our pleasure! Though not sure how sane that really makes us, depending on this crazy bunch for sanity. 🤣🤣 But I say the same thing.😂😂
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🤣😂🤣 I love the banter and humor, not to mention the ongoing support we all share! ❤️ 💖 ❤️
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Yes! Laughter is the best medicine for the craziness of life AND knowing that we do care about each other goes a long way too. Even those that are doolally’s and PUNderheads! 😉
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🤣😂🤣
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Sane? Then apparently, we’re not doing our job.
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Lmao!
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Very Interesting! A lot I didn’t know. Considering the media sale to Murdoch, the Annenberg Foundation has always seemed ironic. It runs FactCheck DOT org.
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Sunnylands is somewhat near where I live, but I didn’t know much about it myself until my recent research. As for Murdoch, I suspect he’s had his fill of FOX News lately, and wants to sell it. So . . . if you’re in the market . . .
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Never knew about Sunnylands, or about the history behind it all. Quite interesting, and a little revealing.
I’ve always seen the Annenberg Foundation as something of a foil to Murdoch. They’re fairly opaque. But the media outlets they promote seem to operate in rather the vein of that “mental institution” news… true, but with an implication skewed by perhaps a bit of omission. Even “FactCheck”. So it’s fairly easy to determine a leaning.
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No doubt there was some partisanship influencing both his publishing and philathropy. I think Annenberg was a right-leaning moderate. Just the same, he went after Joe McCarthy, who was a Republican.
Sad to say, true news, skewed by omissions, seems to be the way of nearly all the media these days. And sometimes it isn’t even true, as in the stories about Dominion Voting Systems.
FactCheck isn’t the only one with a bias. I understand that Snopes, and all the other fact-checking websites have their own biases, also.
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I think it’s reasonable to assume that any media source will have some bias that will show up in at least some reporting… political, ideological, to an audience, or just not biting the hand that feeds. I think it’s always a good idea to look across several platforms when evaluating something important. Or, if it’s possible, you can research the facts directly for yourself.
I’ve always perceived Annenberg as somewhat “left”. They’re big supporters of NPR, and that’s a great example of left-leaning “news” as editorial-by-omission. I’ve also noticed that FactCheck tends to tow the official government line when right-leaning sources make themselves into soft-targets by doing the same thing. Just glancing, an “excess deaths” story on their main page right now is good example.
I’m not too familiar with Snopes. I think people got fed up with my responses when sending me the kinds of stories one might check there. 😉
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Well, these days the Annenberg Foundation seems to be a mixed bag. Walter’s daughter, Wallis, is in control, and she has some left leanings. Her priorities seem a little “woke.” But she does support Republican causes as well.
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Makes sense. And probably wise to keep a hand on both sides of the aisle.
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Wow! What a great history lesson. I enjoyed this very much.
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Thanks. The Annenbergs must have had interesting lives, living at Sunnylands.
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Did you read the comment I made on Jason’s post yesterday about how you give history lessons. LOL! What timing. I had said that he has taught me more about photography than I have known before and you give History lessons. 🙂
This was real interesting to read.. Thank you for the history lesson of the day. Looks like a beautiful place where he lived. Cheers to him for rising up and overcoming the challenges. When I was a child we lived close to Philadelphia and would get the Philadelphia Inquirer every Sunday morning. I remember it because it was such a big, thick paper. Today newspapers have greatly reduced in size. My mom loved all the coupons and I loved the big comic section. I knew what the most important part of the paper was at a young age.
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Strange thing, it seems the older I get, the better I get at teaching history lessons.
You’re welcome. I remember big Sunday newspapers, also. I had a paper route when I was a kid, and they were tough to deliver. I’d have to make multiple trips, riding my bike back to my house to reload.
And I agree, the comics section is the most important part of the paper.
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LOL! Strange how that works, eh? Keep it up. 🙂
I can believe that. Guess you got lots of exercise with your bike. Glad to know we agree on what the most important part of the paper is. Brad agrees as well.
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Then Brad isn’t such a loser, after all.
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You are digging deep with that golden shovel, aren’t you! 😛
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Sorry. What I meant by that is he likes the comics section so much because it reminds him of you.
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😂 yeahhh that is sooo much better, smartass!
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I thought it was romantic.
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LOL! Riiight! 🙂 i see the connection.
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So you should treat Brad to a candlelight dinner tonight.
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Oops! Too late.
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Sigh. Poor Brad.
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Yes, so “sad!” Did you give your wife a candlelight dinner?
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No, because I haven’t read the comics today.
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😄
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Thanks for the tour. I didn’t know the story behind the foundation. Wondering what he had to give to get all those politicians to spend their birthdays at his house? I’m sure he got even more in return. Politicians are surprisingly cheap.
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You’re welcome. A little Arizona history can illustrate how cheap politicians are. A Chicago mobster named Ned Warren came to Arizona in the 60s, and perpetrated land scams by bribing officials. He once commented over how easy it was to bribe them, and that they could have held out for much larger sums.
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True in every case of political corruption I’ve ever heard. Justice thomas was bought for $130k in real estate, free rent for his mom and a few fancy vacations.
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Yeah, there is that story going around. It will be interesting to see how far this issue goes.
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Perhaps it isn’t too late for me to go into politics. I’d be great at accepting bribes.
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Me too. They seem like pleasant windfalls, or perks, that go with the job. But I’d take a lesson from Ned Warren and hold out for large sums.
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You do owe it to the voters to negotiate the biggest bribe possible.
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It would be a scandal if I didn’t. No one likes to vote for a chump.
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Hey, I have a great idea. I accept bribes too. I can make Mason or Tippner an amazing hero, guaranteed!.Give them a day where everything goes their way. Just all depends whether you or Tippy give the biggest bribe.
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Here’s my bribe: 💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰💰
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Oh gosh! Thats not a bribe! I can’t do anything with that. A bribe is something that benefits the other person, doolally!
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And sacks of gold don’t benefit you? This confirms my suspicions that you are a high-maintenance woman.
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Oh help! If they were real.😛
I didn’t say it had to be money, (that’s because I am not high maintenance)
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Then how about some sacks of black jelly beans?
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🤑 You have been disqualified! Sooo Jason should automatically win, but what he doesn’t know won’t hurt him. LOL!
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I think you’ll be disappointed. Jason couldn’t even produce an armadillo for you.
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That is a true point! I guess it looks like neither Mason or Tippner will get to be heroes. Poor guys!
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Well, at least it’s both of us. Now we can commiserate with each other.
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Would you like some tissues?
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Is it going to be that bad?
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No, its not going to be bad. I was just giving you a chance to be heroes. But one never knows, maybe that will still happen, even without a bribe.
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Would it help if I told you that I’m a legend in my own mind?
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LOL! Glad you have a healthy self esteem. 😊
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You use the word “healthy” very loosely.
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