Luce was born on April 3, 1898 in Tengchow, China. His parents sent him to US when he was 15. He studied at Hotchkiss School where he became the editor of Hotchkiss Literary Monthly. He took his college education at Yale College where he met Briton Hadded who became his wife. Luce and Ladden worked for The Yale Daily News.
When they were both aged 23, Luce and Hadden brainstormed and discussed the concept of a news magazine. 1922, the couple founded Time Inc. and published the magazine’s first issue on March 3, 1923. Their other magazines followed shortly: Fortune in February 1930, Life in 1934, House & Home in 1952 and Sports Illustrated in 1954. His first newsreel was The March of Time.
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