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. Richard Drax or to give him his full name, Richard Grosvenor Plunkett-Ernle-Erle-Drax is the MP for South Dorset, owner of the Charborough Estate, and by my reckoning, the largest individual landowner in Dorset. As landownership clusters go, they are perhaps comparable to the set of (even larger) estates that dominate the chalk hills of the South Downs National Park, further to the east. "He then passed on the nom-dom status to his son who doesn't actually pay the normal. The big question is whether Rothermere sees all this as a stepping stone towards handing down a more powerful and profitable media dynasty to his children or cashing out as he edges towards 60 in a few years. 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.". Age: 49. By 2001 a new Ferne House had been built in the grounds to a 40m design by renowned Palladian-style architect Quinlan Terry. In their honour, Fleming named his arch-villain Hugo Drax. I then recreated these digitally using GIS software, and measured the area: at some 13,870 acres, Richard Drax MP appears to own almost twice as much as previous public estimates. Do not sell or share my personal information. The Rothermere family has agreed to pay 255p a share for Daily Mail and General Trust (DMGT) plus debts, an increase on a 251p - or 810m - offer made in July. Lord Rothermere supported the fascists in Germany, Italy and Spain. Kidd, Charles, Williamson, David (editors). The TLE shop is also now open, with all profits going to supporting our work. The names of Bernie Madoff and of MSI (Madoff Securities International), the London end of his financial operation, are among the most unexpected entries in Kleinwort Benson's Jersey records. No comments have so far been submitted. Fund a better media. He even formed his own United Empire Party to further this aim. Like Mr Dacre, he told the inquiry there had been no phone hacking by journalists at the company's papers, and argued that self-regulation "protects the press from political interference". Two other media barons with a record of offshore gallivanting are the Barclay brothers, owners of the Telegraph and the Spectator both of which support Brexit. 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. He has not denied claiming tax concessions as a "non-dom", on the grounds that his father lived in Paris. Lord Rothermere is already the controlling shareholder of DMGT through a 28% stake owned by his family trust, RCL. Other [] Ratcliffe pledged last year to build a factory in Bridgend, south Wales, and said his preference was for the Grenadier 44 to be built in Britain. Dyson is not and never has been a client of Kleinwort Benson. Of course, Farage does not speak for his family, though it has been rumoured that the Brexit Party (Reform) leader has himself applied for a German passport. He setup a 1985 onshore children's trust to hold 30% of company shares. The 4th Viscount Rothermeres Ferne Estate (on the Dorset-Wiltshire border) with the classical-looking grand house, sits next to the Rushmore Estate which has presented the planning proposals. The. The family founded the Daily Mail, which listed on the London stock market in 1932 and expanded into a multi-media business. I will take them down if requested by OS. The Mere estate is mostly in Wiltshire but extends into north Dorset near Gillingham. 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. It was created in 1919 for the press lord Harold Harmsworth, 1st Baron Harmsworth. 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. 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. Neither their daughter Jane nor son Nick, who runs a menswear shop, wanted to comment. Jonathan Harmsworth, better known as Lord Rothermere, is the chairman of Daily Mail and General Trust (DMGT), which owns newspapers including the Daily Mail, the Mail on Sunday and Metro. The Hon. However, 10 years later, the peer admitted that he still retained non-dom status, while the Paradise Papers published in 2017 revealed Ashcroft had received payments of around 150 million from an offshore trust in Bermuda between 2000 and 2010. They'll criticise me, they'll say my policies are wrong, that's absolutely fine. All Rights Reserved. The three documents they released to me are linked to below: Big thanks to friends and readers who have sent over info on other Dorset estates, particularly Miles King. Together with Daily Express proprietor Lord Beaverbrook, Rothermere campaigned for a British Empire free trade area - and high tariffs for elsewhere. Then, in 2015, Viscount Rothermere acquired the 4,700-acre Bryanston Estate in Dorset from the Crown Estate. Though its rumoured that Rothermere isnt a great fan of Brexit, leading to a rift with former Daily Mail editor Paul Dacre, his newspaper has been one of the cheerleaders for the project over the last five years. Viscount Rothermere, of Hemsted in the county of Kent,[1][2] is a title in the Peerage of the United Kingdom. Private Eye, reviewing the Viscounts tax status and offshore holdings some years ago, suggested that For a non-dom, even land deep in the English countryside ultimately escapes inheritance tax if held through offshore trusts. Ive written in more detail about the Marquess of Salisburys estates before like his other estate at Hatfield, much of the Cranborne Estate in Dorset is registered offshore, to Jersey-based Samos and Mysia Investments, and Bahamas-registered Syros Investments. My biggest omission from the above list was the Sherborne Estate in north Dorset, rumoured to be 13,000 acres; Id previously spotted it but couldnt find a map or corroborate the area. Jonathan Harmsworth, better known as Lord Rothermere, is the chairman of Daily Mail and General Trust (DMGT), which owns newspapers including the Daily Mail, the Mail on Sunday and Metro. Rothermere has not denied the story. In September 2013, the Daily Mail published an article headlined "the man who hated Britain" about Ralph Miliband, the late father of Labour leader Ed Miliband - who called the story a "lie". By Press Gazettes reckoning he owns around 39% of the UK national newspapers sold every week in the UK, up from 29% in 2010. This prompted Dacre to fire off an extraordinary letter in reply to the same paper publicly suggesting Greig was telling porkies: "Admirable chap he may be, but Geordie Greig, in his Lunch With The FT, is as economic with the actualit [news] as your paper is in reporting matters Brexit. But this appears to be a considerable underestimate. He will be a non-dom. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. MailOnline's. Madoff is serving 150 years in a federal prison for masterminding a 38bn fraud one of the biggest ever on Wall Street. 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. 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. The MODs presence endures today in a number of significant sites: Blandford Camp; Bovington Camp with its Tank Museum; and the Lulworth Ranges. Image: The Cerne Abbas Giant, owned by the National Trust. Pride of place in the marble foyer is a Picasso portrait of the artist's lover Marie-Therese Walter which the club's owner, restaurant tycoon Richard Caring, recently acquired and rechristened 'Annabel'. 22 November: Dacre is back at DMG Media (effectively Associated Newspapers by another name) as editor-in-chief. This compares with Rupert Murdochs News Corp on 27.5%, down from around 30% a decade earlier. But if he has been able to cast a vote, he would have plumped to leave, he says. According to Ashcrofts 2005 biography, Belize is a country where his interests have been exempt from certain taxes for 30 years. The Lulworth Estate is perhaps best known for its impressive castle and for hosting Camp Bestival each summer. Simon Dolan, for example, an accountancy entrepreneur who recently took the UK to court over its COVID-19 lockdown restrictions, has lived in Monaco since 2013. The business traces its roots to 1896, when the Daily Mail was launched by Harold and Alfred Harmsworth. He was then kicked upstairs into the non-job of editor-in-chief of Associated Newspapers (albeit with a secretary and chauffeur). Little is known about Rothermere other than his reputation for letting editors edit. The spokesman said that trust was never actually used, had no assets and had not avoided tax. The Financial Times reports that the pair have in recent years split their time between Monaco and Brecqhou, using offshore trusts to control their businesses. 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. 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. In Britain, he occupies the 30m Rossway estate near Berkhamsted. However, this didnt stop Mellon donating a sum in the large five figures to the Leave.EU campaign. According to Mr Greenslade, the DMGT chairman "has ignored the legion of complaints about the Mail's nastiness" and "never betrayed any sign of concern about the criticisms". Mr Miliband said the apology was not enough and said Lord Rothermere must investigate the "culture and practices" of journalists at his newspapers. 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. What has happened to the once-great British Airways? She did not respond to our invitations to comment. A fortnightly update from the front-line of news and advertising. 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. Though he no longer holds a formal role in the company, Rees-Mogg still owns a 14% stake, held in a blind trust. Lawson blamed French bureaucracy for the delay in processing his residency. Billionaire Brexiter, former House of Lords member and former Conservative Party deputy chairman Michael Ashcroft has benefitted from non-domiciled (non-dom) tax status in the UK, having lived extensively in Belize a country he enjoyed as a child and young adult. Essential reading for media leaders every Thursday. Our weekly does of strategic insight about the future of news media aimed at US readers. Mr Miliband said Lord Rothermere now has a responsibility to take a long hard look at the way his papers are run. 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. A Union Jack-clad political project, Brexit is said to herald the re-emergence of Britain as a global power; a country that patriots can once again be proud of. Ironically, given his papers hatred of the European Union, Viscount Rothermere has done well out of the EU farm subsidy system. or debate this issue live on our message boards. Five years later he sold out to foreign investors for 60m. The polygons Ive pieced together (from ES maps payments to Lulworth Castle Farms; English Woodland Grant Scheme maps payments to The Weld Estate; and Land Registry corporate & commercial data for Lulworth Estate Trustees Ltd), sum to 11,500 acres; the estate website says it spans over 12,000 acres, so Ive gone with this slightly higher figure. Shortly before his downfall in 2008, MSI funded one of his more notorious purchases a 4m yacht, called the Bull, to be registered in his wife's name and moored on the French Riviera. While not in the top ten, there is this 2100 acre estate owned by the Ernest Cook Trust. Kleinwort Benson purchased Orbis after the trust was wound up in 1999. Stelios Haji-Ioannou, founder of EasyJet. His spokesperson, Alan Kilkenny, told the Guardian that Ashcroft had never engaged in tax evasion, abusive tax avoidance or tax avoidance using artificial structures. My understanding is that the Drax estate includes many times the landholding area in Dorset with territory in NE of England as well as property in Barbados where family predecessors so successfully enforced misery and suffering to the 300, 000 black African slaves brought in chains to work the sugar plantations. However, last year, Lawson revealed that he had reversed his decision, and would instead be selling his property and moving back to the UK, where his children and grandchildren live. A government efficiency adviser, he told us: "This trust has been set up for the perfectly legitimate purpose of providing pension benefits, has been operated with full visibility to HMRC at all times and is not the subject of any dispute with HMRC. In the firing line was Tyneham, the village that died for England, whose residents were evacuated but given the promise that they would be able to return to their homes after hostilities ceased a promise that has never been honoured. Paul Dacre is the mid-market tabloid genius of our age and edited the Daily Mail for 26 years until 2018. His Sir Donald Anderson Trust records beneficiaries as four grandchildren, Caspar and Barclay Fox, Tamara Onslow and Fenella Dernie. he said, is Sir Oswald Ernald Mosley, leader of Britain's Fascist Black Shirts, a man '"willing to act with the same directness of purpose and energy of . Sign up to our newsletter (and get a free edition posted to you). It was, however, small when compared to the Viscount Rothermeres net worth. My understanding is that Clarke now wants his own train set and fancies a crack at running his own media business rather than making money for someone else. Indeed, looking at this 1883 summary of the Victorian Return of Owners of Land, Draxs ancestors appear to have owned even more land not only in Dorset, but also in Lincolnshire, North Yorkshire and elsewhere: Image: Lulworth Castle by Nilfanion, Wikimedia Commons (CC BY-SA 4.0). Dorchester and Gillingham have both seen substantial housing growth and the Duchy is likely to have done well out of it. He is listed as a Jersey bank client. Worth up 400m and named as a Jersey offshore client. What of the Crichel Down Estate today? General Augustus Henry Lane-Fox Pitt Rivers was an army officer and Victorian anthropologist whose name is perhaps best known from the Pitt Rivers Museum in Oxford (its collection of trepanned skulls features in Philip Pullmans His Dark Materials). Lord Rothermere rarely gives interviews, but in 2004 he told the Independent his views were "not necessarily" those of the Daily Mail, but said he did not have the right to "second-guess" his editors. He provided Lord Leveson with details of numerous lunches and dinners with politicians including Tony Blair, Gordon Brown, David Cameron and Nick Clegg. The 3,000 acre Fordington estate is in south Dorset, round the east, south and west of Dorchester. He resides at Ferne Park, a stately home in Wiltshire built for him by architect Quinlan Terry. Hosford, J H R has an Environmental Stewardship agreement in place for land covering much of the Bryanston Estate, and in 2018 received 244,298 in overall farm subsidies (screengrabs below). So once you start doing Im looking at your family it gets embarrassing and I think the Rothermere family, if you want to go further back, we get to the great grandfather who lets join in together ran the headline hoorah for the blackshirts.. In fact, it turns out, just ten landowners own one-sixth of all Dorset. Despite that influence, however, it is a relatively small part of Daily Mail and General Trust, the company that owns it. (LogOut/ 18 November: DMGT warns a "review of employee numbers" is coming after increases in newsprint, energy and distribution costs. I realise thats likely to be a herculean task, but specifically Im wondering how much of it was acquired through enclosure? Yesterday, it was announced that Ineos, a firm owned by pro-Brexit billionaire Jim Ratcliffe, will be manufacturing the British heir to the Land Rover Defender in Hambach, close to the French-German border. To donate or subscribe to The London Economic, click here. It should be possible to return cash to shareholders and keep DMGT as a listed company. 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. On Tuesday night, the world's most famous private members' club, which is due to reopen its doors in the New Year after a 55 million revamp, was the venue for a surprise 50th birthday party for Viscount Rothermere, chairman of Daily Mail and General Trust (DMGT). Lord Rothermere is already the controlling shareholder of DMGT through a 28% stake owned by his family trust, RCL. In 2018, former Conservative Chancellor and Brexit advocate Lord Nigel Lawson announced that he would be applying for permanent French residency. Guests joked it must be the most elegant building site in London, as liveried waiters served them dressed in bespoke floral waistcoats. She said: "I am choosing not to comment.". A DMGT statement said that the directors were "minded" to accept the family's offer. 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. He then passed on the nom-dom status to his son who doesnt actually pay the normal amount of tax despite owning a newspaper thats owned through various tax companies in Bermuda. The administrative companies referred to in Malta will soon be inactive." A formal offer is dependent on the Daily Mail and General Trust selling its insurance and Cazoo financial arms. 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. 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. So, you could say that the pattern of land ownership in Dorset gave us James Bond. Change), You are commenting using your Twitter account. Jonathan Harold Esmond Vere Harmsworth, 4th Viscount Rothermere (born 3 December 1967), is a British peer and inheritor of a newspaper and media empire founded by his great-grandfather Harold Sidney Harmsworth, 1st Viscount Rothermere.He is the chairman and controlling shareholder of the Daily Mail and General Trust, formerly "Associated Newspapers", a media conglomerate which includes the . Bernard Madoff, convicted fraudster. Publisher. That UK-based company, it transpires, is called Bryanston (RFE) Ltd: and though its Companies House accounts here confirm it is registered in the UK, its latest 2018 accounts show that its immediate shareholders are two Jersey-based firms (screengrab below). So once you start doing 'Im looking at your family' it gets embarrassing and I think the Rothermere family, if you want to go further back, we get to the great grandfather who lets join in together ran the headline hoorah for the blackshirts'.. On entering the House of Lords in 2000, Ashcroft promised to become a permanent UK resident. The Mail reaches 25.6m people a month and Metro 20m in the UK, according to Pamco (another industry data source). Heres the s31 landowner deposit which allowed me to map the present estate. Rushmore Farms have had an Environment Stewardship scheme with DEFRA to the tune of almost 1m. 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. Eton College, Eton, Berkshire, England. Ian Hislop tonight launched an astonishing attack against the Daily Mail and its owner on Have I Got News For You. Not just Lord Rothermere, Historic England, the guardians of historic properties, have also raised concerns. No doubt Jake is already on the waiting list for Annabel's membership. 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. We do not charge or put articles behind a paywall. The former employee said Mr Greig had been brought in because he had a "softer" approach than Mr Dacre, but the result was intense competition between the Daily Mail and the Mail on Sunday - driven by their "warring editors". 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