Founder of Reader's Digest magazine, the long-running anthology of popular articles.
He served in the Army in World War I. After being wounded in action, he spent four months in the hospital recovering.
He read popular magazines to pass the time, and he started bookmarking his favorite articles. He then hit on the idea of creating a portable compendium of those articles.
His wife Lila Bell Wallace helped him found the Reader's Digest magazine. Their first issue came out in 1922.
He and his wife were both staunch supporters of Richard Nixon, and their choice of articles for inclusion into Reader's Digest reflected that political view.