The Press: Sir Jimmy's Cross-Channel Fiefdom

He is a tall, balding, staccato-voiced multimillionaire—an adviser to statesmen, head of a transatlantic food conglomerate and a director of three great European banking houses. With a French wife and two children in Paris, and an openly acknowledged mistress. Lady Annabel Birley, and two children in London, he lives a heady cross-Channel version of Captain's Paradise. Sir James Michael Goldsmith, 44, juggles all this and just about everything else with the aplomb of a crack gambler —which he also is. His latest gamble, to become an international press lord.

After an unsuccessful bid...

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