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Bruce Gordon
PROFILE
Bruce Gordon
$570M
2016 Australia's 50 Richest Net Worth
as of 1/27/16
Photo by Fairfax Media via Getty Images
About Bruce Gordon
Bruce Gordon's WIN Corp. owns Australia's biggest regional television network; value eroded by uncertainty over ongoing fees to be paid to major metropolitan broadcaster Nine Entertainment for program feed. In October 2015, he raised stake to nearly 15% of Nine to hedge fee hike and prepare for expected changes to Australia's media ownership restrictions. Gordon owns similar stake in struggling rival Ten Network. Has large property portfolio in WIN's hometown of Wollongong, south of Sydney, and in Bermuda, where he spends much of year. Also has stake in TPG Telecom, founded by Australian billio... Read More
Bruce Gordon's WIN Corp. owns Australia's biggest regional television network; value eroded by uncertainty over ongoing fees to be paid to major metropolitan broadcaster Nine Entertainment for program feed. In October 2015, he raised stake to nearly 15% of Nine to hedge fee hike and prepare for expected changes to Australia's media ownership restrictions. Gordon owns similar stake in struggling rival Ten Network. Has large property portfolio in WIN's hometown of Wollongong, south of Sydney, and in Bermuda, where he spends much of year. Also has stake in TPG Telecom, founded by Australian billionaire David Teoh. Read Less
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