Reported 1 day ago
British philanthropist Lynn Forester de Rothschild is contemplating the sale of a 20% stake in The Economist, potentially worth up to £400 million. This move marks the most significant shift in the magazine's ownership in ten years. Lady de Rothschild's family currently controls 26.7% of The Economist Group, with Exor Holdings as the largest shareholder. The sale may attract interest from high-net-worth individuals and strategic media investors.
Source: YAHOO