Forbes says Newsweek’s new owner isn’t a billionaire
Sidney Harman never made Forbes’ 400 Richest Americans list, even when the cut-off was only $100 million. “Nor has he ever been on our annual list of the World’s Billionaires,” writes William P. Barrett. “We figure his net worth is more in the range of $500 million.”
> Sale of Newsweek to Harman expected to close this month

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