Photos of recent events: Seven billionaires owning media companies
Words are known to have tremendous power, and can even become weapons in a political or other confrontation. Last week media attention was focused on Marс Benioff, who announced his plans to buy the Time magazine for $190 million.
The Benioff family immediately announced that they are not going to participate in the daily work of the magazine and won't influence journalistic decisions. Nevertheless, Benioff became the third billionaire who acquired the media company this year.
In our article, you will read about the billionaires who own media companies.