Tech billionaire to buy Forbes – media ...News

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Tech billionaire to buy Forbes – media
Austin Russell will reportedly acquire a majority stake in the business publication for some $800 million Austin Russell, a 28-year-old automotive tech billionaire, will buy a majority stake in Forbes Global Media Holdings from its current owner, Hong Kong-based Integrated Whale Media Investments (IWM), the Wall Street Journal and Reuters reported on Friday. Russell is the CEO of Luminar Technologies, a tech company that provides autonomous driving technology to the auto industry and has a $2.1 billion market capitalization. According to the reports, which cited statements from both Russell and IWM, Russell has ag

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