Russian tycoon buying Forbes – WaPo ...News

Tech billionaire Austin Russell was only a “face” in the acquisition deal, according to leaked audio records Russian businessman Magomed Musaev may be the true buyer of a majority stake in Forbes Global Media Holdings, the Washington Post reported on Friday, citing leaked audio and video records in which the tycoon allegedly discussed the deal with his business associates. Reuters and Wall Street Journal reports had previously named Austin Russell, a 28-year-old automotive tech billionaire, as the media conglomerate’s new owner. Russell himself spoke about the deal, which was valued at roughly $800 million, to rep

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