Cox heir slams capitalism after securing ‘hundreds of millions’ from familyBy Shannon Thaler
July 6, 2023
A cop-hating heir to the Cox media empire ripped its sprawling businesses as “rotten capitalism” — days after claiming he had secured “multiple hundreds of millions of dollars” for himself as he cut ties with his wealthy clan.
James “Fergie” Chambers — a 38-year-old professed Communist who also loves guns and has the letters “ACAB,” standing for “All cops are bastards,” on his neck — said he was outraged at his family over their $10 million donation to the Atlanta Public Safety Training Center, also known as Cop City.
In an exclusive interview with The Post, Chambers said this week that his family’s gift to the police last month was the final straw in a “lifetime of buildup” to cutting ties with his family, ranked by Forbes as the eighth-richest in the US with a fortune of $34.5 billion.
“My family is a rotten capitalism firm like the rest of them,” Chambers said, claiming that he lives a humble life in New Hampshire with his partner and four children compared to his Atlanta-based relatives.
He is the first-born son of James Cox Chambers, the co-owner of the NBA’s Atlanta Hawks with a net worth of $5.65 billion, according to Bloomberg’s Billionaire Index.
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Source:
https://nypost.com/2023/07/06/cox-media-heir-slams-capitalism-after-securing-millions/
