Market

John Kluge

Monday, January 16th, 2012

This 95-year-old Palm Beach resident was ranked as richest man in America in 1989 but lost that title to Bill Gates three years later. His vast fortune comes from Metromedia, Inc., which proved during the ‘60s and ‘70s that independent television stations could compete against network giants. That caught the attention of Rupert Murdoch, who …

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Edmund Ansin

Monday, January 16th, 2012

Inheriting his family’s shoe-making fortune allowed this Miami-based billionaire, along with his father Sidney, to buy a Miami television station for $3.4 million in 1962. Today, Sunbeam Broadcasting operates WSVN Channel 7 Miami and WHDH Channel 7 Boston, two of the most prominent stations in the country. He is a big supporter of the United …

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William Randolph Hearst III

Sunday, January 15th, 2012

There is little that can be said about the background of William Randolph Hearst—the first, second, and third—that has not been covered countless time already. William III is haute because the Hearst family name is an undying part of American history books. His grandfather was a publishing legend and his father was a U.S. Senator …

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Sumner Redstone

Thursday, January 12th, 2012

The 88-year-old Redstone is still one of the most powerful media moguls in the industry. His National Amusements Inc., is the parent company of Viacom, CBS Corporation, MTV Networks, BET and film studio Paramount Pictures; Redstone serves as executive chairman of both CBS Corporation and Viacom.

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