Just 5 men- including 2 brothers- own 80% of the UK media, new statistics show. The 5 men also own not only the newspapers but also 80% of the TV stations, press agencies, book companies and cinemas in the UK.
But who are the 5 men?
Richard Desmond: Owner of the Daily Star, Sunday Star, Daily and Sunday Express. The 2016 Sunday Times Rich List reported his net worth at £2.25 billion, making him the 48th richest person in Britain. He lives in London, England.
Jonathan Harmsworth, 4th Viscount Rothermere: Owner of the Daily Mail, the Mail on Sunday and the Metro. In April 2015, the Sunday Times estimated his net worth at £1 billion. He currently resides in France.
Sir David Rowat Barclay and Sir Frederick Hugh Barclay: Owners of the Telegraph, the Spectator and the Business. The Sunday Times Rich List of 2015 estimated their wealth at £6.5 billion who live on a private island near Sark, Channel Islands.
Rupert Murdoch: Owner of the Sun, Times, Sky, Fox and many others. Estimated wealth of $13 Billion who lives in Australia.