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“In towns and cities... there is no more important institution than the local paper.”
Warren Buffett
MALIBU, California — Grant Adamson who is from the founding family of Malibu, has died in a hot air balloon accident in Switzerland on Tuesday.
Swiss police say the hot air balloon carrying Adamson and family crashed into an electric power line while trying to land after a two-hour flight. The horrific crashed took place near the western Swiss town of Montbovon.
The Malibu Times first broke the news about the crash. TMT is also saying that Grant’s Adamson’s wife Terry, 55, and their two daughters, 24 and 20, were taken to a local hospital with life-threatening injuries.
More details to follow.