Jay Penske
| Jay Penske | |
|---|---|
| Born | New York City, New York |
| Residence | Los Angeles, California |
| Nationality | American |
| Education | Wharton School of Business University of Pennsylvania |
| Occupation |
|
| Net worth |
 U.S. $200 million (2015 estimate) |
| Spouse(s) | Elaine Irwin (m. 2011) |
| Children | Daughter |
| Parent(s) | Kathy Penske (mother) Roger Penske (father) |
| Website |
Penske Media Dragon Racing |
Jay Penske is an American media and publishing entrepreneur, born in New York City and currently based in Los Angeles.
Penske is the youngest son of Kathy and Roger Penske. Penske graduated from high school at St. Mary's Preparatory after having attended Cranbrook and Lawrenceville. At St. Mary's, Penske was named All-League, All-State, All-American, and Player of the Year by USA Today in Lacrosse. Penske also played hockey and earned All-Region and All-State honors. In 1997 he set the school records for the most goals, assists, and total points in lacrosse in the school's history, after which they retired his number. Penske during his final season of lacrosse holds the all-time high school record for points in a single season, breaking Michael Powell's record of 194 points with 202 points. Penske remains the only player in lacrosse history to break the 200-point barrier in one season.
He graduated from the University of Pennsylvania's Wharton School with a Bachelor of Science in Management of Information Systems and Finance. Penske is on the board of the Entrepreneurial School at the Wharton School as of 2007, and is also a member of the University of Pennsylvania Library's Board of Directors.
Penske is the founder, Chairman and CEO of PMC.Penske Media Corporation is a leading digital media and publishing company that owns and operates numerous media brands and live events. In 2014, PMC acquired Fairchild Publishing from Condé Nast for $100million, the Fairchild business was formerly sold to Condé Nast by Disney in 1999 for $650 million. The brands included in the Fairchild Publications portfolio include fashion journalism brands: Beauty Inc., Footwear News, M, and WWD, known as the "Fashion Industry Bible".
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