Yup.
Newsweek sold for $1. Who’s the sucker?
"That’s what Sidney Harmon, the 91-year old husband of California Democrat Rep Jane Harmon, plans to do now that his $1 bid for Newsweek has been accepted."
I don't know what he planned to do, but what he did do, is die, one year after buying the magazine.
A year after that, it was sold again, on terms that haven't been revealed.