Newspaper Magnate - Joseph Pulitzer Pulitzer
When he died in 1911, his will stipulated that the World could never be sold. In 1912, his descendants donated $2.5 million to Columbia University to create the second journalism school in the United States, and in 1917 established the Pulitzer Prize, which is awarded annually to a person in American journalism and literature who has made an outstanding contribution to fiction, poetry, biography, history, drama, music, and news reporting.