Israeli plans TV rival to Al-Jazeera | Media | guardian.co.ukAn Israeli businessman is planning to launch an international TV network to rival Al-Jazeera.
Alexander Machkevitch, reputed to be one of the world's richest men, revealed his plan at an annual meeting of Jewish leaders in Washington.
He said that he and a group of unnamed partners are in the early stages of developing the not-for-profit venture. It had no name, nor any agreed location.
Machkevitch said the network's editorial direction would be independent of any government or special interest.
A Kazakh-Israeli mining mogul, Machkevitch is ranked at 297 in the recent Forbes magazine list of the world's richest people, with an estimated fortune of $3.7bn (£2.27bn