Back to today’s briefing

Story perspectives

Stephen Smith Acquires 26.9% Stake in Economist Group

3/17/2026

32 3 Full Breakdown

Summary

Story summary

Stephen Smith, via Smith Financial Corp., acquired a 26.9% stake in the Economist Group.
He bought the stake from Lynn Forester de Rothschild, who has held it since 2002.
The deal is valued at about £402 million and awaits approval by the group's independent trustees and board.
The Economist Group reported £369 million in revenue and £48 million in profit for the year ending March 2025.

1 of 1

Story summary

Stephen Smith, via Smith Financial Corp., acquired a 26.9% stake in the Economist Group.
He bought the stake from Lynn Forester de Rothschild, who has held it since 2002.
The deal is valued at about £402 million and awaits approval by the group's independent trustees and board.
The Economist Group reported £369 million in revenue and £48 million in profit for the year ending March 2025.