Ironman
The Ironmen competition got its start as part of the Hawaii Triathlon Corporation. In 1990, Dr. James P. Gills bought it for $3 million. It has since become a significantly bigger entity than it had been at the start. In 2008, Providence Equity Securities acquired the company for $85 million. Seven years after that, the Dalian Wanda Group bought it for $650 million! It turns out that the Chinese company even had to shoulder the debt from the previous owner to do so. Even though it had been successful even before the current setup, Wanda had been thrilled over the 40% year after year net growth that it saw.
Ironman
Forbes
In September 1917, Forbes introduced its very first issue. Can you believe that it has been 103 years since then? It has since become a trusted magazine that released definitive and reliable rankings of celebrities and companies. We are sure that you have at least heard of its popular lists such as the World’s 100 Most Powerful Women and 30 Under 30. Even though people assume that it is an American publication, the truth is that it has is now owned by a Hong Kong-based company called Integrated Whale Media Investments. It purchased Forbes for $400 million in 2014. We doubt that the readers have noticed anything different before and after the deal was made, however.
Forbes
