Condé Nast is owned by Advance Publications, the privately held media holding company controlled by the Newhouse family. The Newhouse family (via Advance Publications) has held Condé Nast for decades, and current reporting indicates Advance remains the parent company overseeing Condé Nast’s operations and equity interests. Key branches of ownership and control trace back to Samuel I. Newhouse and his descendants, who built Advance Publications and, through it, Condé Nast.