Subject:

Patrick Soon-Shiong

  • News

    February 28, 2013

    Who Will Buy the Los Angeles Times?

    Why do so many rich men want to buy it? And how did it get to this point anyway?

  • Blogs

    March 27, 2012

    Magic Johnson and Stan Kasten Buy Dodgers from Frank McCourt -- But Uh Oh! Frank May Not be Gone

    Update on next page: Bidder Joey Herrick on the importance of local owners. Magic Johnson, beloved spots icon in Los Angeles, and his group of investors including former Atlanta Braves president Stan Kasten, essentially wrote a $2 billion check Tuesday evening to buy the Dodgers, pre-empting a fina ... More >>

  • Blogs

    March 19, 2012

    Patrick Soon-Shiong, L.A.'s Richest Man, Joins Steven Cohen in Dodgers Bid

    With owner Frank McCourt's April 30 deadline to sell the team rapidly approaching, and with potential suitors--like alleged con man, and L.A. Weekly cover boy, Josh Macciello--dropping like flies, bidding for the Dodgers is getting serious. Hedge fund billionaire Steven Cohen gained a new asset in ... More >>

  • Blogs

    March 10, 2011

    Know Your Rich People, Los Angeles: A List of SoCal's 20 Billionaires

    Richboy Slim, worth $74 billion.​Forbes' annual list of "The World's Billionaires" was released this week, and (gasp) a Mexican, Carlos Slim Helu, took the top spot for the second time in a row. The U.S. grip on the billionaire game, and California's too, has been slipping even as the ultra-r ... More >>

  • Blogs

    October 20, 2010

    Magic Johnson Sells Back 105 Starbucks Locations

    Flickr user Atomic PopeMagic Johnson, in statue form​ Former Laker star Magic Johnson is selling off some business assets. Johnson recently sold his 4.5 percent ownership stake in the Los Angeles Lakers to Dr. Patrick Soon-Shiong -- a longtime Lakers season ticket holder -- for reasons that hi ... More >>

  • Blogs

    September 23, 2010

    What Recession? SoCal's Richest People Measure Their Money In Billions

    ​Even though the recession allegedly ended in June, 2009, times are still tough. Soup is a staple. Souplantation a luxury. Soup kitchens -- a necessity. But the big wheels keep on turnin'. And the ballers, they keep on ballin'. Southern California's wealthiest people aren't at the tippy top of ... More >>

  • Blogs

    May 24, 2010

    50 'Wealthiest Angelenos' Worth $93 Billion

    Patrick Soon-Shiong.​The Los Angeles Business Journal's annual list of 50 "Wealthiest Angelenos" hits the streets this week and, despite the economic doldrums hitting the Angel City elite, their net worth is up 14 percent to $93 billion. That's more than the worth of billionaires in some Weste ... More >>

  • Blogs

    November 19, 2009

    South L.A.'s Hospital Of Horrors To Reopen

    The UC Board of Regents on Thursday agreed to help reopen one of the most troubled medical institutions in state history, Martin Luther King Jr.-Harbor Hospital. The move followed an offer by billionaire doctor Patrick Soon-Shiong, who put $100 million in loan guarantees on the table in an effort to ... More >>

  • Blogs

    October 30, 2009

    Billionaire Hopes To Revive Hospital Of Horrors

    A doctor who says he was moved by the story of a woman who bled to death in the emergency room waiting area at Martin Luther King Jr.-Harbor Hospital is putting a $100 million in loan guarantees behind a movement to revive the troubled institution. The question is, on this Halloween eve, is the plac ... More >>

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