Forbes Daily Briefing

Forbes

The Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. The Daily Briefing is edited, produced and hosted by Kieran Meadows.

  1. 1d ago

    Meet The American Billionaire Running The Premier League’s Liverpool FC

    When the Boston Red Sox were in the midst of an early-season swoon, the principal owner of the holding company that controls the team was moved to make rare public comments. “When I arrived to live and work in Boston 25 years ago, I was told if you win the World Series in Boston, you’ll never have to buy another drink in this town,” Fenway Sports Group’s John Henry recalled in May. Unfortunately, “it doesn’t actually work that way,” lamented the 76-year-old billionaire, who has become a lightning rod for criticism—including some “sell the team” chants from Boston’s notoriously passionate fans—even after snapping an 86-year drought with a storybook championship in 2004 and adding three more World Series rings in the ensuing 14 years. Perhaps that is why Mike Gordon, Fenway Sports Group’s president, prefers to stay anonymous. Unlike Henry, whose face is recognizable to most Red Sox fans and who can often be spotted in the owners’ box at home games, and Tom Werner, the group’s billionaire chairman, who likewise has spoken publicly about the team over their quarter-century of ownership, few fans would recognize Gordon well enough to buy him a drink even if they wanted to. Still, the 61-year-old partner owns a stake of around 10% in FSG, which Forbes values at around $1.4 billion, making him a billionaire. By Hank Tucker Learn more about your ad choices. Visit megaphone.fm/adchoices

    Meet The American Billionaire Running The Premier League’s Liverpool FC
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The Forbes Daily Briefing shares the best of Forbes reporting on wealth, business, entrepreneurship, leadership and more. Tune in every day, seven days a week, to hear a new story. The Daily Briefing is edited, produced and hosted by Kieran Meadows.

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