A newspaper delivery boy in his youth, Warren Buffett just nabbed the Omaha World-Herald. Just two years ago, Buffett said investing in newspapers is a bad idea—it looks like he’s doing this to support local reporting, not turn a quick profit. If he stays hands-off with the Omaha paper (which it looks like he will, as he’s no Murdoch), letting the Midwesterner edge a bit farther east might not be so bad. And what better billionaire to own our paper than one who wants higher taxes on himself, not the ninety-nine percent?
Audience choice: Mark Cuban
Best of Chicago 2011