Business Career
After graduating, Zuckerman remained at Harvard Business School as an associate professor for nine years. He also taught at Yale University. Zuckerman spent seven years at the real estate firm Cabot, Cabot & Forbes, where he rose to the position of senior vice president and chief financial officer.
In 1980, he purchased the literary magazine The Atlantic Monthly, where he was the chairman from 1980 to 1999. In 1999 he sold the magazine to David G. Bradley for US$12 million. Commenting on this sale and that of Fast Company magazine, which he sold for $365 million at the height of the tech boom in 2000, he quipped, "I averaged out."
While he still owned Atlantic Monthly, in 1984, Mortimer Zuckerman bought U.S. News & World Report, where he remains its editor-in-chief.
Read more about this topic: Mortimer Zuckerman
Famous quotes containing the words business and/or career:
“In leaving the people’s business in their hands, we can not be wrong.”
—Abraham Lincoln (1809–1865)
“A black boxer’s career is the perfect metaphor for the career of a black male. Every day is like being in the gym, sparring with impersonal opponents as one faces the rudeness and hostility that a black male must confront in the United States, where he is the object of both fear and fascination.”
—Ishmael Reed (b. 1938)