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An incredible self-own

In 1936, John Scott, son of the late Guardian owner and legendary editor CP Scott, did something unheard of for a media heir: he gave up his stake for the greater good.

After inheriting the newspaper, Scott renounced all financial benefit – bar his salary – in the Guardian (worth £1m at the time and around £62m today) and passed ownership over to the newly formed Scott Trust. The Trust would evolve to have one key mission: to secure the financial and editorial independence of the Guardian in perpetuity.