The Guardian is owned by the Scott Trust Limited, which exists to secure the financial and editorial independence of The Guardian in perpetuity. The Guardian Media Group, which includes The Guardian, is wholly owned by the Scott Trust Limited. The trust was created in 1936 to protect the paper’s independence and was converted into a limited company in 2008 with the same protective mission. The Guardian is unique in that it is not owned by shareholders or billionaires but rather by this trust that reinvests profits into its journalism.