Cryptocurrency Q&A
What family owns The Economist?
What family owns The Economist?
GinsengBoost
Fri Sep 20 2024
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6 answers
1607
Could you please elaborate on the ownership structure of The Economist? Specifically, I'm curious to know which family holds the majority stake in this renowned publication. I've heard rumors about its family ownership, but I'm looking for a concise and accurate description of the current situation. Additionally, I'm interested in knowing if there have been any significant changes in ownership over the years, and how these changes might have impacted the publication's editorial independence and financial stability.
6 answers
BlockProducer
Sun Sep 22 2024
A select group of current and former staff members hold shares in the company, reflecting the company's commitment to rewarding loyalty and dedication.
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Giulia
Sun Sep 22 2024
Notably, Rothschild holds a significant 21% stake in the company, underlining their investment commitment.
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GwanghwamunGuardianAngel
Sun Sep 22 2024
The board of trustees plays a pivotal role in the governance of the organization. They are responsible for formally appointing the editor, a position that holds considerable influence.
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KDramaLegendaryStar
Sun Sep 22 2024
The stability of the editor's position is ensured by the board's decision-making power. Without their explicit permission, the editor cannot be dismissed, safeguarding editorial independence.
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Carolina
Sun Sep 22 2024
The ownership structure of the company extends beyond the prominent Agnelli family. Among the minor shareholders, we find names such as Cadbury and various family interests, including those of Rothschild, Schroder, and Layton.
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