John W. Henry

Who is John W. Henry?

John William Henry II is an American businessman and investor. He founded John W. Henry & Company. He is the principal owner of the The Boston Globe, Boston Red Sox and Liverpool Football Club, and co-owner of Roush Fenway Racing. In March 2006, Boston Magazine estimated Henry's net worth at $1.1 billion but noted that his company had recently experienced difficulties. In November 2012, the company announced that it would stop managing clients' money by the end of the year, and John Henry confirmed that total assets under the firm's management had fallen from $2.5 billion in 2006 to less than $100 million as of late-2012.

In the predawn hours of Saturday, August 3, 2013, both The Boston Globe and The New York Times carried stories on their web sites reporting that Henry had agreed to purchase The Globe, the Worcester [Mass.] Telegram & Gazette and related New England media properties for $70 million in cash. The Globe's story described Henry as "a personally shy businessman with a history of bold bets." The Times story quoted Times spokesperson Eileen Murphy as confirming the sale deal.