At 92 years old (yes, 92), Sidney Harman, audio industry pioneer, philanthropist, author, university professor, and lover of Shakespeare decided to embark on a business venture that lost nearly $30 million last year.

The man of "boundless energy and cheeky one-liners" bought Newsweek magazine, his daughter says, because he is a man who needs a worthwhile project.

(READ the article in the New York Times)