Sandow Media on Wednesday announced the appointment of Patrick Williams to the position of vice president and publisher of Worth magazine, the financial magazine targeted to ultra-affluent consumers, acquired by Sandow Media in February 2008.
“Sandow is absolutely thrilled to welcome Patrick on board to lead our advertising and business development efforts here at Worth,” said Adam I. Sandow, CEO of Sandow Media. “He brings an impeccable track record of leadership and success, most recently demonstrated at Conde Nast Portfolio and before that during his 14 years at The Economist. Patrick will fill a critical role as we move to rebrand Worth and have the publication reach its ultimate potential in the marketplace,” added Mr. Sandow, who recently relocated the entire Worth team to the penthouse floor of the Banks Building overlooking Bryant Park.
“I’ve always respected Worth as a great brand that has consistently delivered unique and important personal financial journalism, and I’m delighted to be a part of expanding its legacy,” said Mr. Williams.
Mr. Williams also currently serves as the president of The Financial Communications Society, a not-for-profit organization that strives to build better relations among financial companies, their agencies, and the media.Born in Tullamore, Ireland, Mr. Williams was educated in England. He lives in Manhattan with his wife, Susannah, and their three children.
Worth provides thought-provoking information for the growing market of individuals whose net worth exceeds $2 million. From unique stories about dynamic wealth creators to the ingenious ways they amass and distribute their wealth, Worth remains an invaluable resource for this select audience. Each issue contains insightful articles covering topics ranging from alternative investment strategies and wealth preservation tactics to the most meaningful philanthropic giving and in-depth profiles on the world’s most successful entrepreneurs, wealth advisors, and business people. According to MMR, Worth subscribers have an average net worth of $4.37 million and an average household income of $630,000 with 58% owning secondary real estate valued at $1.9 million.
Sandow Media is a leader in developing multi-channel, vertically integrated luxury brands. The Company’s foundation is built on identifying markets, creating indispensable resources and building influential consumer publications and online properties. Sandow Media’s flagships include the powerhouse beauty brand NewBeauty magazine, which encompasses print, online and retail operations, and LUXE, the nation’s largest network of luxury home magazines. With offices in New York, Florida and Texas and 175 employees across the United States, Sandow Media produces over 60 publications annually and generates over a half million unique visitors per month to the company’s online properties.