R.I.P.

Walter Annenberg

Died October 1st, 2002

PHILADELPHIA (AP) - Walter H. Annenberg, the billionaire philanthropist who made much of his fortune by introducing TV Guide to America's living rooms during television's golden age, died Tuesday at 94.

Annenberg was ambassador to Britain under President Nixon, a noted art collector, and a silent power broker in the Republican Party, as well as one of its biggest contributors.

The publishing magnate died at his home in suburban Wynnewood of complications from pneumonia, said Kathleen Hall Jamieson, dean of the Annenberg School for Communication at the University of Pennsylvania _ one of two leading communication schools he endowed.

Forbes magazine listed him as one of the wealthiest Americans, ranking him No. 39 in 2002 with an estimated net worth of $4 billion.

Annenberg inherited The Philadelphia Inquirer and two racing publications from his father in 1942. He went on to build Triangle Publications into a multibillion-dollar business encompassing newspapers, magazines, and radio and TV stations.

"As ambassador to Great Britain, he was an outstanding representative of America to the world," President Bush said. "As a business leader and an innovator, he understood the media's impact on American culture and encouraged television to be a positive influence on society."

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