His wife and his three children, Sam, Jake and Emily (who runs a fashion shop in Notting Hill, west London), also appear as past beneficiaries of a offshore trust in the Channel Islands. DMGT has a broad range of media interests, even after the rapid slimming down of recent years that has seen the sale of interests in online estate agencies and the offloading of financial information provider Euromoney. What I think will be embarrassing for the Mails Editor is the Mail is owned by the Rothermere family. Draxs ancestors, notoriously, were involved in the slave trade, owning plantations in Barbados, and received compensationfrom the British government when slavery was finally abolished. His spokesperson, Alan Kilkenny, told the Guardian that Ashcroft had never engaged in tax evasion, abusive tax avoidance or tax avoidance using artificial structures. He resides at Ferne Park, a stately home in Wiltshire built for him by architect Quinlan Terry. The Daily Mail's vociferous campaign in favour of Brexit under then-editor Paul Dacre was reputedly at odds with Rothermere's own views. They outlined ten key questions the chancellor should answer regarding the tax scandal. What did your Dad do? In 1997, he became Managing Director of the Evening Standard. Full Name: Jonathan Harold Esmond Vere Harmsworth, 4th Viscount Rothermere. Lawson blamed French bureaucracy for the delay in processing his residency. Paul Dacre is the mid-market tabloid genius of our age and edited the Daily Mail for 26 years until 2018. 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. 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. But what of the Mail newspaper group itself? Lord Rothermere, the biggest shareholder in the company behind the Daily Mail, has increased his offer to take the company private for a second time after a backlash from investors. He provided Lord Leveson with details of numerous lunches and dinners with politicians including Tony Blair, Gordon Brown, David Cameron and Nick Clegg. 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. Verity and Dillon are both more grounded in hard news and less clubby than Greig, happier immersed in proofs and news lists than playing the front of house role. 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. DMGT officially delisted and cancelled trading from the London Stock Exchange, ending its 90 year history.Perhaps this tweet sums it up? Though Bryanston (RFE) Ltd does not appear to get any such farm subsidies directly, the tenant farmers who work the estates land do. Occupation. Her late husband, Bernard Ashley, then set up an offshore trust in 1985, after Laura's death, and after the company went public. The 3,000 acre Fordington estate is in south Dorset, round the east, south and west of Dorchester. According to Private Eye, Rothermere has also benefitted from non-dom status, again inherited through his father, who became a tax exile in Paris in the 1970s. But the Welds and neighbouring aristocracy were having none of it, and waged the defence of Arish Mell against the encroaching power of the State, as they saw it. Made great again, so to speak. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. Dorset is also a county dominated by some very large estates. Incidentally, the former owners of Tyneham Manor the Bond family helped provide the inspiration for Ian Flemings 007 spy novels. Speaking on Radio 5 earlier today, Ed Milliband said that while the newspaper was entitled to hold him to account for his views, the way it had attacked his father was unacceptable. Stelios Haji-Ioannou, founder of EasyJet. The Earl of Shaftesbury owns the Wimborne St Giles estate, in between Crichel Down and the Cranborne Estate. 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. They began to be used for firing ranges during WWI, but it was during WWII that the War Office decided it needed to take over the whole area and remove the remaining residents. Image: The Cerne Abbas Giant, owned by the National Trust. Currently owns 40% of the Laura Ashley fashion business. And according to Press Gazette's monthly ranking, Mail Online is the sixth most popular English language news website in the world. Photographs: Getty / Rex / Rex / Reuters. 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. In 2015 there was something of a family feud over who would inherit (internet entrepreneur Martha Lane Fox and Olympic equestrian William Fox-Pitt are both current family members, for instance) but checking a land title it looks like a joint family trust now presides over the Rushmore Estate one of the trustees is George Anthony Lane Fox Pitt Rivers. Lord Rothermere, Jonathan Harmsworth, 54, is paying 1.6bn for the 63% of the company he does not already own. Perhaps he has learned the lesson of history. If beneficiaries receive income from the trusts, they have and always will return them in their annual tax returns in the normal way and are subject to UK tax. Change), You are commenting using your Facebook account. Public records show Infosys has received more than 50 million in UK public sector contracts since 2015 with Labour arguing Sunak should have registered an interest in the firm because of his wifes involvement. Dyson is not and never has been a client of Kleinwort Benson. Ive compiled known details of other Dorset landowners shared with me in this Googledoc; if you can add to it further, please post in the comments section below.. Lord Rothermere appeared third on the Sunday Times Rich List "media top 20" in 2012, with an estimated wealth of 760m. Draxs extensive estate is now well-known especially its immensely long boundary wall, composed of two million bricks, which cars speeding down the A31 regularly crash into. 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. Yet it is striking to Byline Times that many protagonists of this national resurrection the ones who pilloried Remainers as traitors to Britain have in fact escaped its shores, enjoying the benefits and freedoms of living and doing business elsewhere. The Daily Mail: not a fan of land reform. Denham Eke, MD of Mellons asset management group Burnbrae, previously toldthe Timesthat his interests pay normal tax due in each jurisdiction in which they operate, including the relatively small UK exposure.. As he takes full control of DMGT he will also quietly become arguably the most powerful person in British news media. The company, established with the financial support of pro-Brexit hedge fund manager Crispin Odey, is also managed via the tax havens of Singapore and the Cayman Islands,according totheGuardian. Encapsulating, in the most bitter of ironies, the benefits of economic migration. The business traces its roots to 1896, when the Daily Mail was launched by Harold and Alfred Harmsworth. 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. He is likely to have a far more meaningful role now with Verity in charge of the Mail titles. (LogOut/ T.J. 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In 1880 he inherited the Rushmore Estate from his cousin and also his surname (up until that point he had been plain old Lane-Fox). It was created in 1919 for the press lord Harold Harmsworth, 1st Baron Harmsworth. Simon Nixon, the billionaire co-founder of Moneysupermarket.com, wasnt eligible to vote in the EU Referendum. He was then kicked upstairs into the non-job of editor-in-chief of Associated Newspapers (albeit with a secretary and chauffeur). Get the biggest TV headlines, recaps and insider knowledge straight to your inbox. In 2018, Dolan told the Guardian that he rents an apartment in Monaco for 890,000 a-year. He will be a non-dom. The administrative companies referred to in Malta will soon be inactive." Under the plan outlined this morning, the cash and shares from those two transactions will be handed back to investors, and Lord Rothermere's family company will then buy out all the other shareholders. Many years ago I found this info: William Blackmore was owner of 7 acres and 20 perches (7.32 acres) as recorded in 1873 a book which recorded all owners of lands of one acre or more Volume one of the book Owners of Lands in Dorset, so it was not a large farm. 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. While acknowledging the Daily Mail - which has a circulation of more than 1.8 million - was a popular newspaper, he suggested many of its readers agreed with him that it had overstepped the mark. More than 100m in Jersey trusts benefits at least 40 Lumley, Hemphill and St Aubyn relatives, many living in the UK. It was the most pathetic piece. It was, however, small when compared to the Viscount Rothermeres net worth. On the subject, Hislop said: This is the man that hated Britain on the evidence of one entry in a diary when he was sixteen when hed just arrived as a refugee in this country. This included details of how to join the party (source 8). Id have voted to leave because as an entrepreneur you need to be in control of your destiny, he told the Sunday Times. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism. We are no longer accepting comments on this article. The late Old Etonian chairman of the shipping line P&O passed wealth down the generations. Copyright 2022 New Statesman Media Group Ltd. Weekly insight into the big strategic issues affecting the future of the news industry. In fact, far more than that number left during the same period.. 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. The Crown Estates press release states it was sold to a UK company held on behalf of the Viscount Rothermere and his son the Hon Vere Harmsworth for an undisclosed sum (update: see below for what that sum was). or debate this issue live on our message boards. - video, Labours 10p tax rate dismissed as gimmick, Labour leader Ed Miliband can be bold on offshore tax havens, Tycoons Bruce Gyngell and Edward Lumley set up offshore tax empires, Britain rules the world of tax havens, Queen is warned. It should be possible to return cash to shareholders and keep DMGT as a listed company. 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. 28 October: Dacre leaves role as chair and editor-in-chief of Associated Newspapers (the DMGT division which comprises the Mail titles, Metro and i). 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Last edited on 12 September 2022, at 12:32, Alfred Harmsworth, 1st Viscount Northcliffe, Harold Sydney Harmsworth, 1st Viscount Rothermere, Esmond Cecil Harmsworth, 2nd Viscount Rothermere, Vere Harold Esmond Harmsworth, 3rd Viscount Rothermere, (Harold) Jonathan Esmond Vere Harmsworth, 4th Viscount Rothermere, Harmsworth baronets, of Moray Lodge, and Harmsworth baronets, of Freshwater Grove, "Page 8221 | Issue 31427, 1 July 1919 | London Gazette | the Gazette", https://en.wikipedia.org/w/index.php?title=Viscount_Rothermere&oldid=1109894775, Hon. Big shareholders normally take companies private when they wish to avoid all the disclosure and governance requirements that come with a stock exchange listing, or have a plan for a big shift in strategy or operations that will be easier to push through once they are the sole shareholder. Dacre had been expected to stay on in the ceremonial job of editor in chief for six months or so. Lord Rothermere is already the controlling shareholder of DMGT through a 28% stake owned by his family trust, RCL. 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. This, of course, would be perfectly legal. Or by navigating to the user icon in the top right. Indeed this may cause a great deal of embarrassment for a politician so fervently opposed to EU migration. So, with EU-UK trade talks reaching a climax, and a new relationship with the bloc set to commence on 1 January, let us consider which patrons of Brexit have managed to extricate themselves from the mess they helped to create. Sign up to our newsletter (and get a free edition posted to you). 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. 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