Why is the World’s Richest Woman buying a failing newspaper?

INVESTORS say mining magnate Gina Rinehart could be behind a $25 million trade of Fairfax shares, upping her stake in the media company.
Source: Gina Rinehart linked to $25m Fairfax share buy, June 14, 2012

People don’t buy newspapers because they want to share the news, especially when they are not as profitable as they once were. Billionaires buy newspapers so they can influence and lead public opinion and shape public policy.


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