OLD Media Moves

Thomson Reuters chairman widens gap on Bloomberg in net worth

March 10, 2011

David Thomson, the chairman of Thomson Reuters, is now worth $23 billion, up from the $19 billion he was estimated to be worth in 2010, according to Forbes latest list of billionaires.

Thomson Reuters is the parent company of the Reuters news service.

Meanwhile, Michael Bloomberg, the majority owner of Bloomberg L.P., saw his net worth rise slightly to $18.1 billion from $18 billion.

Forbes reported that Bloomberg is now worth $22.5 billion and is growing. It stated, “His eponymous financial news firm is growing: this year it celebrated installing its 300,000th data terminal, and 12% revenue growth is expected.”

Thomson is No. 17 on the list, while Bloomberg is No. 30.

News Corp. CEO Rupert Murdoch comes in at No. 122 with a net worth of $7.6 billion. News Corp. owns The Wall Street Journal, Fox Business Network, Barron’s, Marketwatch.com and Dow Jones Newswires.

The Newhouses are also on the list. Si Newhouse is at No. 149 with a net worth of $6.6 billion, while Donald Newhouse is at No. 173 with a net worth of $5.8 billion. The Newhouses own the company that owns American City Business Journals, the publisher of business newspapers across the country.

See the full list here.

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