Sunday, August 29, 2021

Mark knows his stuff

The Sunday Telegraph has a piece by Mark Stoleson, Chief Executive Officer of Legatum, assuring us that the news channel they're backing, GB News, is a runaway success.

"After only ten weeks, GB News has achieved the highest watch time of any UK news channel, had almost a billion hits online and reached nearly five million Brits, most of whom live outside London. As one of its main funders, we at Legatum could not be happier"

"Recent polling suggests that 42 per cent of the British public consider the BBC to be biased. GB News seeks to deliver the news in an unbiased, trustworthy, accurate, informative way, providing content for every viewer, irrespective of their background or political persuasion."

(You might note that this 'recent polling' was carried out by C|T Group back in June - GB News launched on the 13th of that month - with little transparency about its methodology; but if it's good enough for a big brain like Mark, hey....)

He has been with Legatum in Dubai since the start in 2006 and has served in various capacities including Head of Group Investments. He's helped set a number of  'philanthropic endeavours' including the END Fund, Freedom Fund, Luminos Fund, The Legatum Center for Development and Entrepreneurship at MIT, and the Legatum Institute Foundation in London.

Prior to Legatum, Mark was a corporate finance and M&A attorney with Akin Gump Strauss Hauer & Feld in Moscow, Russia and Dallas, Texas. They're an international law firm, and ranked the largest lobbying group in the USA by revenue. 

He was born in Phoenix, Arizona in 1970, holds a BA in International Relations from Occidental College, Los Angeles and a JD-LLM from Duke University School of Law, North Carolina. He became a naturalised citizen of Malta in 2016. 

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