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What's the Point of Being a Secret Media Mogul? [Ron Burkle]

Posted on October 27, 2008

Ron Burkle, supermarket magnate and friend of Bill Clinton and sleeper-with of models, used to own a magazine, with his friend Yusef Jackson. The magazine was called Radar. Last Friday, Jackson and Burkle closed the magazine and sold its carcass to AMI. It's not really clear why Jackson and Burkle invested in Radar to begin with, except that they wanted to be media moguls, maybe? Then it turned out that being a media mogul doesn't mean publishing one sarcastic niche title, really. Burkle made his money with supermarkets. It is quite profitable, of course, to own all the supermarkets, because p...


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