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This Friday, Sept. 21, 2018, combination of file photos shows from left, Laurene Powell Jobs, who has a majority stake in The Atlantic, Jeff Bezos, who bought The Washington Post in 2013, Patrick Soon-Shiong, who bought The Los Angeles Times in 2018, John Henry, who bought the Boston Globe in 2013, and Marc Benioff, who bought Time Magazine. For the billionaires ownership of storied magazines or newspapers provides an alluring combination of a trophy property, a high-profile opportunity to demonstrate their business acumen and a chance to display highbrow civic-mindedness. (AP Photos)

This Friday, Sept. 21, 2018, combination of file photos shows from left, Laurene Powell Jobs, who has a majority stake in The Atlantic, Jeff Bezos, who bought The Washington Post in 2013, Patrick Soon-Shiong, who bought The Los Angeles Times in 2018, John Henry, who bought the Boston Globe in 2013, and Marc Benioff, who bought Time Magazine. For the billionaires ownership of storied magazines or newspapers provides an alluring combination of a trophy property, a high-profile opportunity to demonstrate their business acumen and a chance to display highbrow civic-mindedness. (AP Photos)

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