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Wallis Annenberg’s Legacy: Family, Impact, and Net Worth Revealed After Her Passing

Remembering the Philanthropist Who Transformed Los Angeles Through Generosity.

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Wallis Annenberg, one of Los Angeles’ most influential philanthropists, died Monday morning at her home. She was 86 years old. According to the Los Angeles Times, her family stated that the cause of death was complications from lung cancer.

Annenberg led the Annenberg Foundation for nearly 20 years, serving as chair, CEO, and president, and overseeing approximately $1.2 billion in assets. The foundation, established by her father, media mogul Walter Annenberg, significantly contributed to funding education, the arts, environmental efforts, and civic projects across the region.

Who Was Wallis Annenberg?

Wallis Annenberg was the only daughter of Walter Annenberg, who built a publishing empire that included TV Guide and Seventeen. Following the sale of the company to Rupert Murdoch in 1988, he launched the Annenberg Foundation. Wallis began her career at TV Guide before taking the reins of the foundation after her father’s passing in 2002, obtaining full control by 2009.

Under her leadership, the foundation expanded its mission beyond media and education to embrace local initiatives in Los Angeles. She championed projects such as parks, animal shelters, beach access, and senior centers. Notable contributions include the Community Beach House in Santa Monica, GenSpace in Koreatown, and a wildlife crossing in Agoura Hills.

Wallis Annenberg’s Net Worth and Philanthropic Impact

While Wallis did not extensively discuss her personal fortune, the foundation’s assets were publicly reported at approximately $1.2 billion. Under her stewardship, about $1.5 billion was donated to various groups across L.A. County.

Her significant personal gifts include:

  • $75 million for the performing arts center named in her honor in Beverly Hills
  • $50 million to USC
  • $10 million to the Los Angeles County Museum of Art (LACMA)

Family and Legacy

Wallis Annenberg was previously married to Dr. Seth Weingarten, with whom she divorced in 1975. She had four children: Lauren, Gregory, Charles, and Roger Weingarten. Three of her children—Lauren Bon, Gregory Annenberg Weingarten, and Charles Annenberg Weingarten—are actively involved in the foundation and will continue its work. Lauren is an artist, Gregory focuses on painting, and Charles creates documentaries and manages Explore.org.

She also leaves behind five grandchildren and one great-grandchild.

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Wallis Annenberg’s contributions to Los Angeles have left a lasting legacy, addressing critical community needs and enhancing the cultural landscape of the city. Her philanthropic impact will continue through her family’s ongoing efforts.

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