After the news that the youngest billionaire in England, Richard Maddox, purchased The Independent for the symbolic price of £1 was disclosed, related reports immediately poured in.
"The new owner of The Independent, Richard Maddox, said in an interview not long ago that after the acquisition, The Independent will continue to maintain its philosophy of 'pursuing the truth from a neutral standpoint' and will not deviate from the original intention of the newspaper's establishment…"
"After acquiring the loss-making Independent, Richard Maddox has become the youngest newspaper owner in Britain. Where will he take this once-glorious but now struggling newspaper?"
