Basic Information About Duane Hagadone
|Newspaper publisher, Urban planner, Businessperson, Real estate development
|Date of birth
|Place of birth
|Date of death
|2021-04-24 (aged 88)
|United States of America
The Success Story of Duane Hagadone
Duane Hagadone was an American entrepreneur, developer, and newspaper publisher who left behind a legacy worth $800 million at the time of his death. His journey from humble beginnings to becoming the head of a successful corporation is truly inspiring.
What is Duane Hagadone known for?
Duane Hagadone’s name is synonymous with success in the fields of publishing, hospitality, and real estate. As the owner of the Hagadone Corporation, he had over a dozen corporate holdings including the Hagadone Newspaper Group, Coeur d’Alene Resort, Boardwalk Marina, Silver Beach Marina, and Quicksilver Photography. His business ventures have made him a prominent figure in the industry.
Early life and education
Duane Hagadone was born in Coeur d’Alene, Idaho in 1932. From an early age, he displayed remarkable entrepreneurial skills. As a young boy, he started several small businesses such as mowing lawns and doing landscaping. However, it was his job delivering newspapers for the ‘Coeur d’Alene Press’, a local paper owned by his father, that laid the foundation for his future success.
Although he enrolled at the University of Idaho, Duane Hagadone soon realized that his true passion lay in the publishing industry. He made the decision to leave college and pursued a career in the newspaper business.
After his father’s passing, Duane Hagadone approached the Scripps Company for publishing backing. With his determination and business acumen, he transformed the ‘Coeur d’Alene Press’ into the company’s biggest success story. In 1976, he seized the opportunity to acquire the paper and several others, creating the Hagadone Corporation.
Under Hagadone’s leadership, the Hagadone Newspaper Group thrived and expanded. His strategic vision propelled the company to new heights in the publishing industry. Beyond newspapers, Hagadone also ventured into hospitality and real estate, establishing iconic properties such as the Coeur d’Alene Resort.
Duane Hagadone’s extraordinary accomplishments have not gone unrecognized. Throughout his career, he received numerous accolades, including the prestigious Horatio Alger Award in 2004. This honor, recognizing individuals who have overcome adversity to achieve success, reflects his unwavering determination.
In 2006, Hagadone was named Idaho Business Leader of the Year, solidifying his reputation as a leading figure in the business community. His contributions to various sectors, as well as his commitment to excellence, have set him apart from his peers.
Outside of his professional achievements, Duane Hagadone also possessed an impressive personal portfolio. A testament to his success was his lavish 64,000 square foot estate in Palm Desert, California, one of the largest properties in the area. Additionally, he owned a magnificent 164-foot yacht named ‘Lady Lola,’ complete with its own helipads and golf course.
The remarkable journey of Duane Hagadone serves as an inspiration to aspiring entrepreneurs and business leaders alike. His entrepreneurial spirit, determination, and strategic vision have left an indelible mark on the publishing, hospitality, and real estate industries.
Despite his passing, Duane Hagadone’s legacy continues to inspire generations to dream big and work tirelessly toward their goals.