{"id":23494,"date":"2026-02-20T07:28:15","date_gmt":"2026-02-20T07:28:15","guid":{"rendered":"https:\/\/microvibenews.com\/?p=23494"},"modified":"2026-02-20T07:28:15","modified_gmt":"2026-02-20T07:28:15","slug":"warren-buffett-becomes-the-latest-billionaire-media-investor-his-company-just-invested-352-million-in-the-new-york-times","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=23494","title":{"rendered":"Warren Buffett becomes the latest billionaire media investor: His company just invested $352 million in the New York Times"},"content":{"rendered":"

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Just five years after Berkshire Hathaway sold all 31 of its papers and Warren Buffett deemed the industry \u201ctoast,\u201d the investor has rejoined a legion of billionaires with their money in media.\u00a0<\/p>\n

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A quarterly update the conglomerate filed with the SEC just revealed that Warren Buffett\u2019s Berkshire Hathaway invested a whopping $351.7 million in the New York Times.<\/em><\/p>\n

Buffett, the legendary \u201cOracle of Omaha,\u201d purchased 5.07 million shares in the 175-year-old paper at the end of 2025, right around the time he stepped down as CEO after leading the company for nearly six decades. And it marked an investing change of heart on Buffett\u2019s part.<\/p>\n

\u201cIt\u2019s a full-circle moment for Berkshire Hathaway in reinvesting in news and a huge vote of confidence by Berkshire in the business strategy of the New York Times,<\/em>\u201d said Tim Franklin, a professor and chair of local news at Northwestern University\u2019s Medill School of Journalism.<\/p>\n

The 95-year-old investor, worth an eye-watering $149 billion, joins a legion of ultrarich businessmen pumping millions into traditional media. Whether it be Amazon founder Jeff Bezos\u2019s takeover of the Washington Post <\/em>after a $250 million sale, or Salesforce CEO Marc Benioff buying up Time <\/em>magazine, the wealthy are forking over chunks of their fortunes to have a foot in the media landscape.\u00a0<\/p>\n

The billionaires who have bought up entire media empires for millions<\/h2>\n

Bezos famously bought the prolific outlet the Washington Post <\/em>back in 2013 for a quarter of a billion dollars. And after a decade of ups and downs under his ownership, the 148-year-old newspaper recently endured a massive blow, cutting a third of its staff earlier this month.\u00a0<\/p>\n

And just days after Bezos first acquired the Post<\/em> back in the 2010s, <\/em>another ultrawealthy investor entered the arena: Billionaire Red Sox owner John Henry purchased the heritage paper the Boston Globe <\/em>for $70 million.\u00a0<\/p>\n

Media tycoon Rupert Murdoch is also well known for his investments and position across news outlets. The former CEO of 21st Century Fox, whose family fortune amounts to nearly $19 billion, has TV channel Fox News under his wing.\u00a0<\/p>\n

But his empire is also heavily intertwined with the publishing world; his son Lachlan Murdoch is the chairman of News Corp., which owns the Wall Street Journal,<\/em> the Times, <\/em>and the New York Post, <\/em>among other outlets.<\/p>\n

Alongside Buffett, the New York Times<\/em> has another prominent billionaire backer: telecom mogul Carlos Slim Hel\u00fa, the richest man in Mexico. The businessman has millions of dollars invested in the publication, hitting a peak in early 2015 when he was the paper\u2019s largest single investor, owning nearly 17% of the historic brand at the time.\u00a0<\/p>\n

Buffett once owned dozens of papers, but sold them off in 2020<\/h2>\n

Buffett\u2019s recent $352 million investment in the iconic New York paper is a surprising change, as the billionaire exited the newspaper business just a handful of years before.<\/p>\n

In 2020, Berkshire Hathaway sold all of its publications to Lee Enterprises for $140 million. The sale encompassed 31 papers across 10 states, including the Omaha World-Herald<\/em> and the Buffalo News. <\/em>While the prolific investor had a soft spot for the newspaper industry, he had grown weary of its decline. Buffett had observed that a drop in advertising had turned the newspaper world \u201cfrom monopoly to franchise to competitive,\u201d and predicted that most outlets were \u201ctoast.\u201d\u00a0<\/p>\n

Despite selling off his newspapers at a tough time for the industry, Buffett said it wasn\u2019t a massive blow since Berkshire had bought the papers at \u201creasonable\u201d prices.<\/p>\n

Investors who watch Buffett\u2019s successful portfolio like a hawk took the sale as a grim sign of the industry\u2019s future. Analysts believed that by pulling out, Buffett wasn\u2019t convinced that the print newspaper business could ever return to its former glory. But more billionaires like Buffett funneling their fortunes into heritage publications\u2014while the media world around them becomes ever more digital\u2014may signal that not all bets are off for papers.<\/p>\n<\/div>\n

#Warren #Buffett #latest #billionaire #media #investor #company #invested #million #York #Times<\/p>\n","protected":false},"excerpt":{"rendered":"

Just five years after Berkshir… <\/p>\n","protected":false},"author":1,"featured_media":23495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[1260,2375,662,1263,596,175,2135,22,52,2137,683,9734,716,6351,13807,913,645,13808,1277,6486,9080,13809,389,1262,1261,81,3774],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/23494"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23494"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/23494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/23495"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}