Billionaire developer John Kluge dies
John W. Kluge, a self-made billionaire who became one of the leading entrepreneurs of his generation and a major benefactor of the Library of Congress and Columbia University, has died.
Mr. Kluge said he accumulated more than 200 companies in his lifetime, including seven television stations he sold to Rupert Murdoch in the mid-1980s, forming the foundation of the Australian media owner’s Fox network.
The stations were part of Mr. Kluge’s Metromedia telecommunications conglomerate, which at various times counted among its holdings the Ice Capades, Harlem Globetrotters, Playbill magazine and a billboard advertising company.
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