Has Huang Xinxiang, the richest man in China, officially bought the Los Angeles Times?

According to American media reports, the acquisition of Los Angeles Times by American Chinese billionaire Patrick Soon-Shiong was officially completed on June 18 local time. Huang Xinxiang became the second shareholder of Tribune Publishing Company, the parent company of Los Angeles Times, on 20 16.

On February 7th, 20 18, Tribune Press, the parent company of the Los Angeles Times, announced that it had reached an agreement with China billionaire Huang Xinxiang to sell the Los Angeles Times to Huang Xinxiang Company for 500 million dollars, hoping that this newspaper, which has been in constant turmoil recently, could come back to life.

The acquisition also includes the San Diego United Tribune. The San Diego United Tribune and the Los Angeles Times are both tribune publishing companies, which acquired the Los Angeles Times in 2000 and the San Diego United Tribune in 20 15. Previously, Huang Xinxiang was one of the major shareholders of Forum Publishing Company.

Huang Xinxiang is a native of China. His parents were originally from Taishan, Guangdong, and immigrated to South Africa during World War II. Huang Xinxiang 1952 was born in port elizabeth, a big South African city. /kloc-After graduating from high school at the age of 0/6, he enrolled in the famous University of Witwatersrand in South Africa. At the age of 24, he received his doctor's degree in medicine, ranking fourth among 189 graduates. Later, Huang Xinxiang went to Canada and the United States for further study, and graduated from the University of British Columbia in Canada and the University of California, Los Angeles. ?

China News Network