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Automotive Tech Billionaire Austin Russell to Acquire Majority Stake in Forbes

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Automotive Tech Billionaire Austin Russell to Acquire Majority Stake in Forbes


The CEO of an automotive-technology company said he is buying a majority stake in Forbes Global Media Holdings in a deal that values the business media outlet at nearly $800 million. Austin Russell —the 28-year-old founder of Luminar Technologies, which makes sensors and software used for safety…

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