Quantcast
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Hugh Bancroft III, Rupert Murdoch heir, buys Duke Cunningham home

Other family members end up in Rancho Santa Fe

— Now that conservative cable, movie, Internet, Fox TV, and newspaper mogul Rupert Murdoch has made his $5 billion bid for Dow Jones, publisher of Barrons and the Wall Street Journal, all eyes are turning to Rancho Santa Fe, where Hugh Bancroft III -- one of about 35 Bancroft family heirs to the media empire -- has a house. And it's not just any house. A year ago last December, Bancroft, 56, paid $2.6 million for the Via del Charro home of ex-congressman Randy "Duke" Cunningham, currently serving an eight-year prison term for accepting bribes from defense contractors. Cunningham and his wife Nancy had to forfeit most of the proceeds of the sale to the federal government as part of his plea bargain with prosecutors. Bancroft's primary residence is a much larger house, for which he paid $5.9 million in 1998, that he owns nearby on La Valle Plateada.

Bancroft isn't the only member of his clan to cotton to the eucalyptus-lined drives of Rancho Santa Fe and other North County environs. His late sister Bettina "Billie" Bancroft, a former Dow Jones director and world champion rider and Morgan horse breeder who died of lung cancer in May 1996 at age 55, lived in Rancho Santa Fe, as did their mother Bettina Gray -- a noted photographer and founder of the America's Cup of Hang Gliding, according to one obituary -- who died in 1998 at 83. Another of Billie's brothers, William Liscomb III, a pilot and builder of experimental aircraft, lives in San Marcos, and Billie's daughter, Elisabeth Chelberg, another world-famous horsewoman, once lived in Rancho Santa Fe as well as down the road in a house on the beach in Del Mar.

Billie and Hugh are great-grandchildren of Clarence W. Barron, who bought Dow Jones in 1902 from cofounder Charles H. Dow. A decade ago, Chelberg joined with cousin William "Billy" Cox to force management changes at Dow Jones in order to bolster the flagging stock price, but they had only limited success. So far the Bancroft family, which has voting control over the company, has spurned Murdoch's $60-a-share takeover offer, with one member quoted as saying, "Without the Wall Street Journal, we're just another rich family," but the Australian-born media magnate has vowed to keep up the pressure. ... In another, less stellar part of the newspaper-publishing galaxy, county property tax records show that David Copley has become sole owner of Foxhill, the grand manor on La Jolla's Country Club Drive that was the home of his late mother Helen and stepfather James. The transfer was recorded on April 11, which happened to be the same day that David's $380 million deal to sell Helen's seven Midwest daily newspapers to the GateHouse media chain became final. According to the deed, Copley as an individual was granted the house by the Helen K. Copley Revocable Trust 1983, of which he is a trustee, as are Copley Press CEO Chuck Patrick and La Jolla lawyer Karl ZoBell. Copley, who has for years lived down the hill in a complex of remodeled mini-mansions he fashioned into a compound he calls Foxhole, has reportedly been using Foxhill for parties.

Meanwhile, his 164-foot yacht Happy Days was most recently sighted on April 27 pulling into Horta Marina on the Azores island of Faial, according to the website yachtspotter.com. The posh craft is apparently in spring transit, making its way back across the Atlantic to the Mediterranean from the Caribbean, where it spent the winter, after cruising the French Riviera last summer.

Here's something you might be interested in.
Submit a free classified
or view all
Private/personal chef
San Diego Reader Classified ads
February 6, 2020
The border patrol is hiring
San Diego Reader Classified ads
March 23, 2020
Bay Park, $1195
San Diego Reader Classified ads
March 30, 2020
Surfboards
San Diego Reader Classified ads
March 11, 2020
Over 470 comics for $123
San Diego Reader Classified ads
March 24, 2020
Ad
Previous article

To feed vulnerable residents during a pandemic, Oceanside turns to restaurants

With one stroke, new program supports local small businesses and fragile communities
Next Article

Oceanside anguishes over its businesses

"If they fail, will we be suing these people?"
Comments
0

Be the first to leave a comment.

Sign in to comment

Sign in

— Now that conservative cable, movie, Internet, Fox TV, and newspaper mogul Rupert Murdoch has made his $5 billion bid for Dow Jones, publisher of Barrons and the Wall Street Journal, all eyes are turning to Rancho Santa Fe, where Hugh Bancroft III -- one of about 35 Bancroft family heirs to the media empire -- has a house. And it's not just any house. A year ago last December, Bancroft, 56, paid $2.6 million for the Via del Charro home of ex-congressman Randy "Duke" Cunningham, currently serving an eight-year prison term for accepting bribes from defense contractors. Cunningham and his wife Nancy had to forfeit most of the proceeds of the sale to the federal government as part of his plea bargain with prosecutors. Bancroft's primary residence is a much larger house, for which he paid $5.9 million in 1998, that he owns nearby on La Valle Plateada.

Bancroft isn't the only member of his clan to cotton to the eucalyptus-lined drives of Rancho Santa Fe and other North County environs. His late sister Bettina "Billie" Bancroft, a former Dow Jones director and world champion rider and Morgan horse breeder who died of lung cancer in May 1996 at age 55, lived in Rancho Santa Fe, as did their mother Bettina Gray -- a noted photographer and founder of the America's Cup of Hang Gliding, according to one obituary -- who died in 1998 at 83. Another of Billie's brothers, William Liscomb III, a pilot and builder of experimental aircraft, lives in San Marcos, and Billie's daughter, Elisabeth Chelberg, another world-famous horsewoman, once lived in Rancho Santa Fe as well as down the road in a house on the beach in Del Mar.

Billie and Hugh are great-grandchildren of Clarence W. Barron, who bought Dow Jones in 1902 from cofounder Charles H. Dow. A decade ago, Chelberg joined with cousin William "Billy" Cox to force management changes at Dow Jones in order to bolster the flagging stock price, but they had only limited success. So far the Bancroft family, which has voting control over the company, has spurned Murdoch's $60-a-share takeover offer, with one member quoted as saying, "Without the Wall Street Journal, we're just another rich family," but the Australian-born media magnate has vowed to keep up the pressure. ... In another, less stellar part of the newspaper-publishing galaxy, county property tax records show that David Copley has become sole owner of Foxhill, the grand manor on La Jolla's Country Club Drive that was the home of his late mother Helen and stepfather James. The transfer was recorded on April 11, which happened to be the same day that David's $380 million deal to sell Helen's seven Midwest daily newspapers to the GateHouse media chain became final. According to the deed, Copley as an individual was granted the house by the Helen K. Copley Revocable Trust 1983, of which he is a trustee, as are Copley Press CEO Chuck Patrick and La Jolla lawyer Karl ZoBell. Copley, who has for years lived down the hill in a complex of remodeled mini-mansions he fashioned into a compound he calls Foxhole, has reportedly been using Foxhill for parties.

Meanwhile, his 164-foot yacht Happy Days was most recently sighted on April 27 pulling into Horta Marina on the Azores island of Faial, according to the website yachtspotter.com. The posh craft is apparently in spring transit, making its way back across the Atlantic to the Mediterranean from the Caribbean, where it spent the winter, after cruising the French Riviera last summer.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Taken by ET(s) Dec. 10 2019.
San Diego Reader Classified ads
April 1, 2020
Vintage boogie boards, body boards
San Diego Reader Classified ads
March 10, 2020
Mariscos El Valedor in City Heights
San Diego Reader Classified ads
April 5, 2020
Masonry work
San Diego Reader Classified ads
February 6, 2020
Market Research Analyst
San Diego Reader Classified ads
April 6, 2020
Previous article

San Diego city council quietly greenlights $525,000 harassment deal

Video-only special meeting vote
Next Article

Kids Music Star: Laurie Berkner, Daring Greatly, Painting, Drawing, Hot Wax Art

Events April 9-April 11, 2020
Comments
0

Be the first to leave a comment.

Sign in to comment

Sign in

Art Reviews — W.S. Di Piero's eye on exhibits Ask a Hipster — Advice you didn't know you needed Best Buys — San Diego shopping Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits City Lights — News and politics Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Excerpts — Literary and spiritual excerpts Famous Former Neighbors — Next-door celebs Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Here's the Deal — Chad Deal's watering holes Just Announced — The scoop on shows Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Of Note — Concert picks Out & About — What's Happening Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Pour Over — Grab a cup Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer News — Inside San Diego suds SD on the QT — Almost factual news Set 'em Up Joe — Bartenders' drink recipes Sheep and Goats — Places of worship Special Issues — The best of Sports — Athletics without gush Street Style — San Diego streets have style Suit Up — Fashion tips for dudes Theater Reviews — Local productions Theater antireviews — Narrow your search Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Waterfront — All things ocean Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close