Richard had already instructed Adam Lewis—his current legal counsel for Maddox Capital—to secure early stakes in promising tech companies like AltaVista and DoubleClick shortly after selling part of his shares in Netscape.
Does he want to stop?
Naturally, no.
Following his successful investment ventures in the United States, Richard had already set his sights on Sky Sports.
As everyone knows, Rupert Murdoch held significant influence in the UK media landscape, owning major outlets like The Sun, The Times, and The News of the World. However, his biggest gamble during the late 1980s and early 1990s was Sky Group Limited.
As early as 1980, the British Broadcasting Corporation (BBC) recognized the rising importance of satellite television and set its sights on becoming the UK's leading satellite TV operator. It applied for two satellite channels to broadcast its programming, aiming to pioneer a new era of British broadcasting.