Evangelical Christian Sir Paul Marshall has bought weekly political magazine The Spectator for £100 million.
Marshall, a hedge fund tycoon and major investor in GB News, acquired the right-leaning title against stiff competition. He is also a prospective buyer of the Telegraph newspaper group, which is on the market after the government refused to allow a bid from an Abu-Dhabi backed consortium.
Worth an estimated £875 million, last year, according to the Sunday Times Giving List, he gave over £5.5million a month to charities. He also sits on the board of Holy Trinity Brompton’s (HTB’s) Church Revitalisation Trust.
