Blue-eyed Dorothy Schiff inherited $15 million from her banker father, Mortimer Schiff. But she was not content to be just a rich girl; she wanted to be a newspaper publisher. With second husband George Backer, a millionaire himself and then a member of the New York City Council, she bought the New York Post in 1939. When Publisher Backer became ill in 1942, "Dolly," who had been vice president and treasurer, took over as publisher herself.
A year later the Backers were divorced, and Dolly married her managing editor, Theodore Olin Thackrey. She bought the Bronx Home News, merged it with the...
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