Biotech billionaire buys LA Times for millions
By China Daily | China Daily | Updated: 2018-02-09 08:51
'America's richest doctor' was born to immigrant Chinese parents
Doctor Patrick Soon-Shiong, a California biotech billionaire and a minority owner of the Los Angeles Lakers basketball team, struck a big deal on Wednesday to buy Los Angeles Times from Chicago-based Tronc Inc.
Soon-Shiong, a 65-year-old doctor turned entrepreneur who was born in South Africa to Chinese parents, is the founder and CEO of NantHealth, based in Culver City, California.
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