We noted yesterday that the Washington Post is owned by one of the world’s richest guys, worth $72.8 billion … and who may soon become THE world’s richest.
And you probably won’t hear it from the New York Times, but the largest shareholder of the Times is the sixth wealthiest guy … worth $54.5 billion. He used to be THE richest person, but he’s slipped a little in the rankings.
It’s not just the Post and the Times …
Forbes reported last year:
And you probably won’t hear it from the New York Times, but the largest shareholder of the Times is the sixth wealthiest guy … worth $54.5 billion. He used to be THE richest person, but he’s slipped a little in the rankings.
It’s not just the Post and the Times …
Forbes reported last year:
Billionaires have long exerted influence on the news simply by owning U.S. media outlets.
Some billionaires, like Rupert Murdoch and Michael Bloomberg are longtime media moguls who made their fortunes in the news business. Others, like Amazon founder Jeff Bezos, bought publications as a side investment after building a substantial fortune in another industry. Billionaires own part or all of several of America’s influential national newspapers, including The Washington Post, The Wall Street Journal and the New York Times, in addition to magazines, local papers and online publications.