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Top Hedge Fund Citadel Founder & Billionaire with $35 Billion Fortune Ken Griffin Joins Group of Investors Led by Co-Owner of GB News & Hedge Fund Marshall Wace Founder Sir Paul Marshall to Buy The Telegraph & The Spectator Titles Through Media Group UnHerd Ventures, The Telegraph & Spectator Owned by Frederick Barclay Family Paying £665 million in 2004
30th September 2023 | Hong Kong
Top hedge fund Citadel founder & billionaire with $35 billion fortune Ken Griffin has joined a group of investors led by co-owner of GB News & hedge fund Marshall Wace founder Sir Paul Marshall to buy The Telegraph & The Spectator titles through media group UnHerd Ventures. The Telegraph & The Spectator were seized by Lloyds Bank in June 2023 after failing to pay more than £1 billion of debt. The Telegraph & Spectator are owned by the Frederick Barclay family, which had paid £665 million in 2004. Telegraph Media Group (TMG) is the publisher of The Daily Telegraph and The Sunday Telegraph, The Telegraph Magazine, Telegraph.co.uk and the Telegraph app. The Spectator was established in 1828.
“ Top Hedge Fund Citadel Founder & Billionaire with $35 Billion Fortune Ken Griffin Joins Group of Investors Led by Co-Owner of GB News & Hedge Fund Marshall Wace Founder Sir Paul Marshall to Buy The Telegraph & The Spectator Titles Through Media Group UnHerd Ventures “
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