La Times Buyer Is A Basketball-loving Biotech Billionaire

LOS ANGELES (AP) — The man buying the Los Angeles Times is a 65-year-old physician-entrepreneur described by Forbes Magazine as "America's richest doctor," and one who has said his goal is to cure cancer in his lifetime. Dr. Patrick Soon-Shiong also is a basketball fanatic who shoots hoops on a hardwood court inside his multimillion-dollar mansion and who owns a minority interest in the Los Angeles Lakers that he bought from none other than Magic Johnson, the team's legendary president of basketball operations. Soon-Shiong also owns a 26 percent stake in the Times' parent company, Tronc, which makes him one of its largest shareholders.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News