Roger Williams Straus Jr.

In 1994, twenty years after his partner Farrar had died, Straus ceded control of the company to a German publishing conglomerate, Georg von Holtzbrinck Publishing Group, the type of company he had long disdained and spoken out against. He reportedly made more than $30 million on the sale. Still, he continued to occupy a corner office at company headquarters until pneumonia put him in the hospital and ultimately caused his death in 2004.

From 1948 to 1971, Farrar Straus acquired seven competitors including Hendricks House, Pellegrini & Cudahy, Noonday Press, and Hill & Wang. In 1950, stockholder Stanley Young was recognized when the company was renamed Farrar, Straus & Young. It was Farrar, Straus & Cudahy in 1953. In 1955, the company hired Editor-in-chief Robert Giroux away from rival Harcourt, Brace. He brought along no fewer than 15 authors including T. S. Eliot and Flannery O'Connor. The company became known as Farrar Straus & Giroux in 1964 with Giroux’s appointment as chairman of the board.

With the onset of World War II, he joined the Navy but a spinal infection prevented him from seeing action. He was put to work in the Magazine and Book Section of the Navy Office of Public Relations in New York, with his friend James Van Alen. Lieutenant Straus was discharged in 1945.

The New York Times editorial page editor Charles Merz, a friend of his father, introduced Straus to John C. Farrar of Farrar & Rinehart (1929–1946). Straus borrowed $30,000 against his inheritance, $70,000 from his Navy co-worker Van Alen, and another $50,000 from others including Julius Fleischmann, whose family was famous for yeast and gin. The two began the firm of Farrar Straus & Co. on November 21, 1945. It was located in the naval office where Straus had served. They earned $200,000 in sales in their first year. Their first blockbuster was Gayelord Hauser's Look Younger, Live Longer, which was published in 1950 and eventually sold 600,000 copies.

On June 27, 1938, Straus married childhood friend Dorothea Liebmann, great granddaughter of the founder of Rheingold Brewing, Samuel Liebmann and granddaughter of its president Charles Liebmann.

While Straus Sr. focused on metal, Straus Jr. had his mind on paper. A summer job as copyboy and occasional writer for the White Plains Daily Reporter got him interested in journalism. He dropped out of St. George's School, but was accepted to Hamilton College in 1935. In 1937 he transferred to the University of Missouri and earned a bachelor's degree in journalism in 1939 (He would gain honorary Doctor of Literature degrees from U.M. in 1976 and Hofstra University 1989.)

Roger Williams Straus Jr. (January 3, 1917 – May 25, 2004) was co-founder and chairman of Farrar, Straus and Giroux, a New York book publishing company, and member of the Guggenheim family.

Straus was born in New York City and was raised in a wealthy and influential Jewish family. His mother was Gladys Guggenheim Straus (1895–1980), heir to one of the largest fortunes in America. His father, Roger Williams Straus Sr. (1891–1957), grew up in the family that owned Macy’s and was chairman of the American Smelting and Refining Co., which was owned by his wife's family. Straus' paternal grandfather, Oscar Straus, served as Secretary of Commerce and Labor under President Theodore Roosevelt and was the first Jewish member of a U.S. Cabinet; his paternal grandmother was philanthropist Sarah Lavanburg Straus. Two of his great-uncles perished on the Titanic, Isidor Straus and Benjamin Guggenheim.