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Aug 27, 2024 · Riggio’s near-half-century reign began in 1971 when he used a $1.2 million loan to purchase Barnes & Noble's name and the flagship store on lower Fifth Avenue in Manhattan.
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Aug 27, 2024 · Leonard Riggio, a brash, self-styled underdog who transformed the publishing industry by building Barnes & Noble into the country’s most powerful bookseller before his company was overtaken by ...
Aug 27, 2024 · FILE - Leonard Riggio, chairman of Barnes and Noble, arrives at a book store in New York, Tuesday, Sept. 12, 2017. (AP Photo/Seth Wenig, File)
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Leonard Stephen Riggio (February 28, 1941 – August 27, 2024) was an American businessman. He served as executive chairman of book store chain Barnes & Noble and was its largest shareholder from 1971 [ 1 ] until the sale of the company to the hedge fund Elliott Investment Management in 2019. [ 2 ][ 3 ] Under his leadership the company expanded ...