Reader's Digest is an American general-interest family magazine, published monthly (except for between 2010 and 2012 when the American edition was published ten times a year). Formerly based in
Chappaqua, New York, it now has its headquarters in
New York City. The magazine was founded in 1922, by
DeWitt Wallace and
Lila Bell Wallace. For many years,
Reader's Digest was the
best-selling consumer magazine in the United States, losing the distinction in 2009 to
Better Homes and Gardens. According to Mediamark Research, it reaches more readers with household incomes of $100,000+ than
Fortune,
The Wall Street Journal,
Business Week and
Inc. combined.