page_title: The Economist
section_title: Shareholders
hierarchical_section_title: The Economist / Organisation / Shareholders
caption_attribution_description: the economist building, london 1959-1964. Architects: peter and alison smithson (1923-2003 &amp; 1928-1993).
context_page_description: The Economist is an international weekly newspaper printed in magazine-format and published digitally that focuses on current affairs, international business, politics, and technology. Based in London, England, the newspaper is owned by The Economist Group, with core editorial offices in the United States, as well as across major cities in continental Europe, Asia, and the Middle East. In August 2015, Pearson sold its 50 percent stake in the newspaper to the Italian Agnelli family's investment company, Exor, for £469 million and the paper re-acquired the remaining shares for £182 million. In 2019, their average global print circulation was over 909,476, while combined with their digital presence, runs to over 1.6 million. Across their social media platforms, it reaches an audience of 35 million, as of 2016. The newspaper has a prominent focus on data journalism and analysis over original reporting, to both criticism and acclaim.
  Founded in 1843, The Economist was first circulated by Scottish economist James Wilson to muster support for abolishing the British Corn Laws, a system of import tariffs.
context_section_description: Pearson plc held a 50% shareholding via The Financial Times Limited until August 2015. At that time, Pearson sold their share in the Economist. The Agnelli family's Exor paid £287m to raise their stake from 4.7% to 43.4% while the Economist paid £182m for the balance of 5.04m shares which will be distributed to current shareholders. Aside from the Agnelli family, smaller shareholders in the company include Cadbury, Rothschild (21%), Schroder, Layton and other family interests as well as a number of staff and former staff shareholders. A board of trustees formally appoints the editor, who cannot be removed without its permission. The Economist Newspaper Limited is a wholly owned subsidiary of The Economist Group. Sir Evelyn Robert de Rothschild was Chairman of the company from 1972 to 1989.
  Although The Economist has a global emphasis and scope, about two-thirds of the 75 staff journalists are based in the London borough of Westminster. However, due to half of all subscribers originating in the United States, The Economist has core editorial offices and substantial operations in New York City, Los Angeles, Chicago, and Washington D.C.
caption: London's The Economist Building served as the headquarters of the paper until 2017, on St James's Street.
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