Patrick Soon-Shiong revealed he was inspired to purchase the Los Angeles Times by his childhood in Port Elizabeth under the country’s apartheid regime.
“Ultimately, this decision is deeply personal for me. As someone who grew up in apartheid South Africa, I understand the role that journalism needs to play in a free society,” said Soon-Shiong.
Soon-Shiong studied medicine at the University of the Witwatersrand and was the first Chinese student to be admitted to Johannesburg’s General Hospital.
He emigrated to Canada in the 1970s, before subsequently moving to the USA. He has promised staff that he will “ensure that you have the tools and resources to produce the high-quality journalism that our readers need and rely upon”.
– African News Agency