For decades, "The Oaks" was the oceanside playground of the Barrons and the Bancrofts, heirs to the Dow Jones and Wall Street Journal fortunes. In 2010, the 20,000-square-foot mansion with 45 rooms and surrounding properties went on sale with an asking price of $55 million. For more than a century and a half, only three families have called the 9.4-acre property home. The first was Lawrence Barrett, a 19th-century actor who played Othello opposite Edwin Booth's Iago and served as a captain in the Civil
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View More War.The second owner was Clarence Barron, a Bostonian who purchased Dow Jones & Co. for $130,000 in 1902 and is credited with transforming The Wall Street Journal into the financial journalism powerhouse it has remained through present-day. He later founded Barron's magazine and was its first editor. Barron's stepdaughter married into another prominent Boston family, the Bancrofts who led Dow Jones from the 1920s until 2007 when Rupert Murdoch took it over.
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