Early Life
Lederer was born in New York City to two prominent figures in the American theater, Broadway producer George Lederer and singer Reine Davies. After his parents were separated, Lederer and his younger sister Pepi moved to California and were raised by his mother's sister, actress Marion Davies. He grew up in Hollywood, spending much time at San Simeon, the "enchanted castle on the hill", where his aunt reigned as publisher William Randolph Hearst's mistress. He was a child prodigy and was admitted to UC Berkeley at the age of 13, but dropped out a few years later to work as a journalist for Hearst's newspapers.
According to biographer William MacAdams, "Hollywood was home to Lederer, where for most people it was a place they moved to in order to work for the movies. Virtually none of the film community had grown up in Los Angeles, but Lederer had been brought there when he was 11 by Marion Davies, his mother's sister... Lederer thus knew the movie colony inside out as seen from the top and wasn’t impressed ..."
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“... business training in early life should not be regarded solely as insurance against destitution in the case of an emergency. For from business experience women can gain, too, knowledge of the world and of human beings, which should be of immeasurable value to their marriage careers. Self-discipline, co-operation, adaptability, efficiency, economic management,—if she learns these in her business life she is liable for many less heartbreaks and disappointments in her married life.”
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