New to Byline Times? What next for Lord Rothermere - the most powerful person in British news media By Dominic Ponsford If there is one media group to watch this year it is Daily Mail and General Trust, which. Lord Rothermere, DMGT's chairman and the steward of his family's 36% stake in the company, made an indicative 810m proposal to take it private in July.. He worked at the International Herald Tribune in Paris and the Mirror Group before moving to Northcliffe Newspapers in 1995. The most significant of these estates form an almost unbroken arc across east Dorset stretching from Cranborne Chase down to Lulworth Cove. By Press Gazettes reckoning he owns around 39% of the UK national newspapers sold every week in the UK, up from 29% in 2010. They both politely declined my requests for interviews this week preferring, it would seem, to let their papers do the talking. The 45-year-old is the fourth Viscount Rothermere, and inherited the chairmanship of DMGT at the age of 30 on the death of his father in 1998. The representative for Somerset North East, who was said to be worth anywhere between 55 million and 150 million in 2016, co-founded the investment firm Somerset Capital Management in 2007. It emerged that in December 2006 he had pledged 8m DMGT shares he owned through a trust and DMGTs Bermudan parent company Rothermere Continuation Ltd. At the time these were worth more than 50m, though DMGTs announcement of the arrangement stated that this greatly exceeded the value of the loans. In a segment of the BBC1 show, Hislop says of Ralph: This is the man that hated Britain on the evidence of one entry in a diary when he was sixteen when hed just arrived as a refugee in this country. For some inexplicable reason, Patricia Harmsworth walked over to her out of the blue and said: 'You would be perfect for my son.' Lord Rothermere to become chief executive of Daily Mail publisher Great-grandson of newspaper's founder and chair of DMGT will take charge at end of the month Lord Rothermere, pictured with. Play it now! Harmsworth, the 3rd Viscount Rothermere. Dacre had been expected to stay on in the ceremonial job of editor in chief for six months or so. The children appear to be named as beneficiaries. Our weekly does of strategic insight about the future of news media aimed at US readers. A multinational group, DMGT's operations extend far beyond journalism and include risk management, events and ownership of brands such as Wowcher and property website Zoopla. When it surfaced in 2017 a spokesperson said: "Over the years, Lord Rothermere has been leant on by more than one prime minister to remove Associated Newspapers editors but, as he told Lord Justice Leveson on oath, he does not interfere with the editorial policies of his papers.". It was named after Birley's wife, Lady Annabel Vane-Tempest-Stewart, who went on to marry Sir James Goldsmith. Domnic Cummings is spouting on about oddballs and misfits required for the civil-service & championing himself as a once in a generation reformer in government. ", An Australian tycoon, the late Bruce Gyngell founded TV-am and set up Jersey trusts for his wife and children one of whom, David, was in the headlines this year for brawling with James Packer on Bondi Beach. The Daily Mail: not a fan of land reform. So, with EU-UK trade talks reaching a climax, and a new relationship with the bloc set to commence on 1 January, let us consider which patrons of Brexit have managed to extricate themselves from the mess they helped to create. The first Viscount Rothermere was the younger brother of Alfred Harmsworth, 1st Viscount Northcliffe, and the elder brother of Cecil Harmsworth, 1st Baron Harmsworth, Sir Leicester Harmsworth, 1st Baronet, and Sir Hildebrand Harmsworth, 1st Baronet. Rothermere upped his initial offer for Daily Mail & General Trust Plc by 5.9% to 270 pence, according to a statement Thursday. The Mail reaches 25.6m people a month and Metro 20m in the UK, according to Pamco (another industry data source). The latter does not solicit income or property taxes from its residents. Full Name: Jonathan Harold Esmond Vere Harmsworth, 4th Viscount Rothermere. It was created in 1919 for the press lord Harold Harmsworth, 1st Baron Harmsworth. Id have voted to leave because as an entrepreneur you need to be in control of your destiny, he told the Sunday Times. In their honour, Fleming named his arch-villain Hugo Drax. Despite backing Brexit, it appears as though Mellon bet against the pound in the run-up to the result, claiming he had a good day on 24 June, 2016. Extensive details appear in Crispin Gills The Duchy of Cornwall (1987). document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), The ten landowners who own one-sixth of Dorset, set of (even larger) estates that dominate the chalk hills of the South Downs National Park, HMRCs database of estates granted tax breaks for heritage reasons, Dorset Councils Highways Act s31 landowner deposits, 1883 summary of the Victorian Return of Owners of Land, dredging sand from the environmentally sensitive Lough Neagh, Business case for sale of Bryanston Estate with sale price, Valuation of each part of the Bryanston Estate, https://discovery.nationalarchives.gov.uk/details/r/C3709799, https://discovery.nationalarchives.gov.uk/details/c/F20707, http://www.visitukheritage.gov.uk/servlet/com.eds.ir.cto.servlet.CtoLandDetailServlet?ID=608, From Hart to Drax, my feudal journey. Simon Nixon, the billionaire co-founder of Moneysupermarket.com, wasnt eligible to vote in the EU Referendum. Copyright 2022 New Statesman Media Group Ltd. Weekly insight into the big strategic issues affecting the future of the news industry. DMGT said it intended to distribute the proceeds of a sale of RMS along with its cash and its stake in a listed Cazoo via a special dividend, with a cash element of about 610p. Theodora, Iris, Vere and Eleanor. What, if any, tax benefits this confers on the owner is unknown. Finally, it is widely known that Brexit commander-in-chief Nigel Farages wife is German, and therefore his children also benefit from German-EU citizenship. His great-grandfather, Harold Sidney Harmsworth, set up the Daily Mail along with his brother in the late 19th Century and was made the first Viscount Rothermere in 1919. Get the biggest TV headlines, recaps and insider knowledge straight to your inbox. Guests joked it must be the most elegant building site in London, as liveried waiters served them dressed in bespoke floral waistcoats. Draxs ancestors, notoriously, were involved in the slave trade, owning plantations in Barbados, and received compensationfrom the British government when slavery was finally abolished. In 1993, the pair bought the Channel Island of Brecqhou for 3.5 million which reportedly came with tax free status and built a 60 million mock-Gothic castle. Lord Jonathan Harmsworth, 4th Viscount Rothermere, owns through inheritance the Daily Mail and General Trust (DMGT), which gives its name to the newspaper. Inherited wealth from Greek-Cypriot shipowner father. Among the guests were the 12th Duke of Beaufort, the Earl and Countess of Yarborough, the Earl and Countess of Derby, former Tory party treasurer Lord Marland, Tessa Keswick, film director Guy Ritchie, clothing entrepreneur Johnnie Boden and wife Sophie, advertising tycoon Maurice Saatchi, Conde Nast chairman Nicholas Coleridge and Tatler editor Kate Reardon. His spokesperson, Alan Kilkenny, told the Guardian that Ashcroft had never engaged in tax evasion, abusive tax avoidance or tax avoidance using artificial structures. Though he no longer holds a formal role in the company, Rees-Mogg still owns a 14% stake, held in a blind trust. Asked why politicians wanted to meet him, he said they "sometimes feel the paper's been hard on them" and asked him to "have some sort of influence". The Daily Mail has been - arguably - the most influential newspaper in Britain for the past three decades, cowing cabinet ministers and swaying policy with punchy reporting, relentless campaigns and its claim to be the voice of a silent conservative majority. Press Gazette understands he left the role to give him a clear run at the Ofcom chairmanship. Dont miss a story! Her estates are often stated to be around 15,000 acres, but measuring the maps Ive derived from two s31 landowner deposits (here and here) gives a slightly smaller figure of 11,327 acres. Viscount Rothermere holds the reins of Daily Mail & General Trust (DMGT), a British media conglomerate that has The Daily Mail and DailyMail.com. But while Greig and Dacre loathed each other, Dacre has remained close to his former Daily Mail colleague - Mail on Sunday editor Ted Verity. Caspar, now a 42-year-old tax lawyer in London, declined to comment. DMGT officially delisted and cancelled trading from the London Stock Exchange, ending its 90 year history.Perhaps this tweet sums it up? He is currently at loggerheads with a neighbouring estate that is planning to build 17 chalets on land described by the author Thomas Hardy as 'quite the prettiest sight I have ever seen'. We only ask you to donate what you can afford, with an option to cancel your subscription at any point. It should be possible to return cash to shareholders and keep DMGT as a listed company. Perhaps unsurprisingly for a county so rich in history and natural beauty, the National Trust is Dorsets largest institutional landowner encompassing long stretches of the fossil-filled Jurassic Coast, a big chunk of the beautiful Isle of Purbeck, and (largest of their Dorset properties) the mansion and estate of Kingston Lacy. To this day Tyneham remains a shell, a ghost village, nestled in a valley that time has forgotten. Harold Harmsworth made the Mail a very popular newspaper, but has been criticised for supporting Adolf Hitler as the Nazi party rose to power in Germany. I realise thats likely to be a herculean task, but specifically Im wondering how much of it was acquired through enclosure? A week after Greig's departure, Dacre was back as editor-in-chief of the Mail titles, having failed to secure the Ofcom job. Verity and Dillon are both more grounded in hard news and less clubby than Greig, happier immersed in proofs and news lists than playing the front of house role. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. Many years ago I found this info: William Blackmore was owner of 7 acres and 20 perches (7.32 acres) as recorded in 1873 a book which recorded all owners of lands of one acre or more Volume one of the book Owners of Lands in Dorset, so it was not a large farm. 17 December: Although there is no formal announcement (either external or internal as far as Press Gazette understands), DMG Media confirms that David Dillon is now editing the Mail on Sunday. Vere Richard Jonathan Harold Harmsworth (born 1994). On the subject, Hislop said: This is the man that hated Britain on the evidence of one entry in a diary when he was sixteen when hed just arrived as a refugee in this country. 19 November: Dacre pulls out of the race to become Ofcom chair saying, in a letter to The Times, that "if you are possessed of an independent mind and are unassociated with the liberal/left, you will have more chance of winning the lottery than getting the job". What of the Crichel Down Estate today? Some of the UK's most prominent business people appear in Jersey's offshore history of legal avoidance, Original reporting and incisive analysis, direct from the Guardian every morning. The current Lord Rothermere, whose father and grandfather were both chairmen of DMGT, has a history degree from Duke University in the US and was managing director of the Evening Standard before taking his current role. Though Bryanston (RFE) Ltd does not appear to get any such farm subsidies directly, the tenant farmers who work the estates land do. They have five children: the eldest, Vere, has just started at Oxford, while the youngest, Alfred, is four. She didn't meet Jonathan until four years later. DMGT confirms Lord Rothermere is planning to take the company private, Geordie Greig is removed as Daily Mail editor, DMGT warns a "review of employee numbers" is coming, pulls out of the race to become Ofcom chair, DMG Media confirms that David Dillon is now editing the Mail on Sunday, Regional press ABCs: Print decline is funding digital future, Mark Allen Group expands into Asia and financial services with 6.5m Bonhill purchase, Why calls for tougher press regulation over Nicola Bulley coverage are misguided, Reuters photographers share stories behind heart-breaking Ukraine images, Liz Cookmans year freelancing in Ukraine: Spirit-crushing but worth fighting for, Podcast 35: Setting up a paywall in UK local news, with Edward McCann of the Belfast Telegraph, Future of Media Explained 34: The future of climate journalism, with Carbon Briefs Leo Hickman, Future of Media Explained 33: Paywall strategies for 2023, Editorial standards/Complaints and Corrections, Senior Executive/SVP or Corporate VP or equivalent. His Sir Donald Anderson Trust records beneficiaries as four grandchildren, Caspar and Barclay Fox, Tamara Onslow and Fenella Dernie. One notable Brexiter who has benefitted from a distanced relationship with the UK for a number of years is Paul Staines, editor of right-wing blog Guido Fawkes. In addition, as the main land ownership map on the Who Owns England site shows, a major landowner in Dorset is the Forestry commission, which almost cetainly is large enough to include in the list. Kidd, Charles, Williamson, David (editors). A spokesperson for the Rushmore estate told the Times: We see it as a beneficial thing to allow people to stay on Cranborne Chase and on the estate and make really good use of the asset. 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And according to Press Gazette's monthly ranking. Fighting for quality news media in the digital age. The Eye also claims that DGMT is tied up in a network of offshore structures in Bermuda and Jersey. Maps for this come from Private Eyes offshore property dataset, coupled with ES maps (farm payments to Cranborne Farms, Marquess of Salisburys Estates) and this s31 landowner deposit map. Sir James Dyson, top-right, British inventor. Dorset is, I think, the loveliest and most intriguing of English counties: a place of ancient chalk downland that sprouts orchids and chalk figures like the Cerne Abbas giant; the epitome of deep England, the heart of Hardys Wessex, whose rich history mixes lost villages, military camps, rural fascists and the origins of Organic farming, all recounted in Patrick Wrights superlative book The Village that Died for England(1995). We will look into the objections and address them one by one. The spectacular and historic Rushmore estate is nestled within the Cranborne Chase, an ancient deer forest, where King John came to hunt, and which is known to have a rich archaeological heritage and diverse flora and fauna, it also includes pleasure gardens, a temple, a theatre, golf club as well as the 13th century grade II listed house called King Johns House. In 2013, the house and at least some of the estate was bought by an American billionaire, Richard Chilton, and vested in his US-registered firm, Crichel Dorset Holdings LLC. This compares with Rupert Murdochs News Corp on 27.5%, down from around 30% a decade earlier. Lady Rothermere's own story is that she met her future mother-in-law at the club, when she was just 19 and in her first term at Oxford. Lord Rothermere said his role is not to "operationally manage" DMGT, Lord Rothermere at Margaret Thatcher's funeral, A source said there is fierce competition between the papers run by Paul Dacre and Geordie Greig, At the crash site of 'no hope' - BBC reporter in Greece. Lord Rothermere, the 52-year-old owner of the Daily Mail, is reportedly one of just ten landowners who one one-sixth of all of Dorset. Caring, who bought the club from Mark Birley as part of a 95 million deal in 2007, explained it was a 'builders' hard-hat party', as the four-storey building was far from finished. The Rothermere family . During his time at the Mail on Sunday there were fewer speeches from Verity, and he was less likely to be out meeting the great and good for lunch. Lord Rothermere, the biggest shareholder in the owner of the Daily Mail, has agreed an 850m buyout that will see the group taken private after 89 years on the stock market. The current Lord Rothermere's father loved Great Britain so much he went to live in France as a tax exile. We have always had a revenue stream there and will be putting up our best efforts as well as keeping an eye on investments.. Its a strange, weird sight, beautiful and eerie at the same time, even on a hot summers day. His grandson, Captain George Lane-Fox Pitt Rivers, was one of the wealthiest men in Britain during the 1930s and a big Nazi sympathiser one of Dorsets rural fascists described by Patrick Wright and also led local campaigns to abolish Church tithes on rural land (they finally went in 1936). As Tuesday night's guests discovered, the club now has a new muse. In March, online car seller Cazoo Holdings, in which DMGT has a stake of around 20%, agreed to go public in New York through a merger with a blank-check acquisition company - a so-called Spac - which is expected to provide DMGT with cash and shares worth more than $1bn. (LogOut/ He is listed as a Jersey bank client. VideoAt the crash site of 'no hope' - BBC reporter in Greece, How fake copyright complaints are muzzling journalists, How 10% of Nigerian registered voters delivered victory, Sake brewers toast big rise in global sales, The Indian-American CEO who wants to be US president, Blackpink lead top stars back on the road in Asia, Exploring the rigging claims in Nigeria's elections, 'Wales is in England' gaffe sparks TikToker's trip, Ukraine war casts shadow over India's G20 ambitions. Claudia, 47, spends the week in London, where her husband, Viscount Rothermere, is chairman of the Daily Mail and General Trust Plc. Nando's using secretive tax haven trust to avoid inheritance tax bills, Cameron crackdown on tax havens 'purely political gesture', says Tory peer, Howdoes Nando's avoid paying tax in the UK? We are no longer accepting comments on this article. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Such trusts are often used by large estates to ensure inheritance remains in the family line and for reasons of tax efficiency. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism. The MODs presence endures today in a number of significant sites: Blandford Camp; Bovington Camp with its Tank Museum; and the Lulworth Ranges. It provides specialist information to insurance companies. Speaking on Radio 5 earlier today, Ed Milliband said that while the newspaper was entitled to hold him to account for his views, the way it had attacked his father was unacceptable. Environmental Stewardship (ES) maps show a few small relevant patches of land in receipt of these green farm subsidy schemes to Jeremy R Drax (Richards brother and a London property magnate), who appears to have a stately pad by the coast and is getting paid 853,547 to keep the surrounding farmland in good stewardship and to Mr H W Draxs 1962 Discretionary Trust, a Drax family trust. Other [] The Earl of Shaftesbury owns the Wimborne St Giles estate, in between Crichel Down and the Cranborne Estate. Henry Lumley, in Bagshot, Surrey, told us: "My grandfather was a successful Australian businessman who set up discretionary trusts for his assets and his successors in 1940. Hypocrisy, corruption, wrongdoing and abuse of power do the talking future news... 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