The Five Richest Media Moguls
1. David Thomson (and family) – $23bn – Thomson, 54, is the chairman of Thomson Reuters, which was founded by his grandfather in 1934. His company owns the Canadian national newspaper The Globe and Mail, and a stake in CTV, the Canadian national broadcaster. It also owns The Scotsman.
2. Michael Bloomberg – $18.1bn – The 69-year-old Bloomberg is the mayor of New York and the owner of financial data firm Bloomberg, which has branched out into online news and broadcasting. He is a self-made media baron who set up what is now Bloomberg in 1982.
3. Anne Cox Chambers – $13.4bn – This 91-year-old media proprietor is the daughter of James M Cox, the founder of Cox Enterprises. The firm now owns newspapers, cable TV, and radio stations in America as well as AutoTrader.com.
4. Silvio Berlusconi (and family) – $7.8bn – The 74-year-old ex- prime minister of Italy owns Fininvest, which he founded in 1978. The firm has interests in Italian TV networks, life insurance, film production and the football club AC Milan. He also owns Mediaset, which runs three national TV channels thought to represent around half the country’s TV sector. He has further publishing investments and his brother Paolo Berlusconi owns the newspaper II Giornale.
5. Rupert Murdoch – $7.6bn – Despite the recent phone-hacking scandal, fifth place in our top five goes to Murdoch, 80, the chief executive of News Corp. It was set up by his father Sir Keith Murdoch. The firm owns a range of Australian newspapers, The Sun, The Sunday Times, The Times, broadcasting firm Fox, The New York Post, The Wall Street Journal, The Australian, Dow Jones and publisher HarperCollins.