Historic sale of the L.A. Times to billionaire Patrick Soon-Shiong to close on Monday

Soon-Shiong, a 65-year-old South African native and former UCLA surgeon, has amassed a fortune, estimated by Forbes at $7.5 billion, by building, then selling, two biopharmaceutical companies. Since then, he has been on a mission to personalize cancer treatment and develop vaccinations for deadly diseases. He owns a nearly 4.5% stake in the Lakers and last year swooped in to buy six financially strapped California hospitals, including St. Vincent and St. Francis in Los Angeles.

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