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Richard Mellon Scaife Has Spent $140+ Million on Right-Wing Propaganda Outlet, Divorce Records Revea [View All]

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HowHasItComeToThis Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 01:51 PM
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Richard Mellon Scaife Has Spent $140+ Million on Right-Wing Propaganda Outlet, Divorce Records Revea
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Source: Buzzflash

PITTSBURGH The estranged wife of billionaire and newspaper owner Richard Mellon Scaife, the Pittsburgh banking heir turned media mogul, was awarded $725,000 a month in temporary support during their acrimonious divorce, the Pittsburgh Post-Gazette reported Sunday.

Scaife, 75, and his second wife, Margaret Ritchie Battle Scaife, are battling on several fronts, from how to assess and divide his wealth to custody of a yellow Labrador retriever named Beauregard, the newspaper said.

A judge may also have to decide whether the $20 million to $30 million a year she claims he spends to support the Pittsburgh Tribune-Review constitutes a business loss, as he contends, or spending on a hobby, as she sees it. Scaife owns the newspaper - a rival to the Post-Gazette - along with the Tribune-Review of Greensburg and several smaller dailies and weeklies.

Forbes magazine this year estimated Scaife's wealth at $1.2 billion, ranking him No. 799 on its list of the world's billionaires. The divorce papers, though sealed, were available online for several days last month on Allegheny County court's Web site, the Post-Gazette said.

"Wife cannot possibly expend the guideline amount of support no matter how lavishly she chooses to live," Scaife's lawyers wrote in court papers seeking to have the award reduced.

Read more: http://www.buzzflash.net/story.php?id=25281



TALK ABOUT EVIL INCARNATE!!!!!!!!!!!!!
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