A Low-Profile Billionaire Wins Publishing Prize

And the winner is: This year's Magazine Publisher of America's Henry Johnson Fisher Award for Lifetime Achievement goes to the founder and chairman of International Data Group, Patrick J. McGovern. At the same time, Time,Inc.'s editor in chief, Norman Pearlstine, will be inducted into the Editors' Hall of Fame. Both awards will be given out at a black-tie dinner to be held at the Waldorf in January. Though other billionaire media moguls such as Rupert Murdoch and Si Newhouse are frequently written - and gossiped - about Boston based Mr. McGovern, whose personal worth is estimated by Forbes as $2 billion, is far less well known.

Source: The New York Sun

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