Rupert Murdoch

Editor's note: This story has been edited to reflect an update by Forbes to Tesla CEO Elon Musk's philanthropy ranking that removed him from the list of the least generous billionaires. Original publication: 2018. For the first time, the Forbes 400 list includes a generosity ranking....

The annual Forbes 400 list highlights the people in the United States who have a net worth of $2.9 billion or more. The 40th annual list showed a range of ages 29 to 95 in 2021. Here is a look at the oldest and youngest people on the list and what makes their fortunes. The Forbes 400 List: The...

News Corp (NASDAQ: NWSA) is close to acquiring the consumer arm of educational publisher Houghton Mifflin Harcourt Co (NASDAQ: HMHC), the Wall Street Journal reported on Sunday, citing sources familiar with the matter. What Happened: The deal, whose financial terms were not disclosed, would help...

Facebook Inc (NASDAQ: FB) is exploring a new publishing platform to allow journalists to create their own websites and newsletters. What Happened: The yet-to-be-named new platform will be integrated with Facebook’s pages platform, Axios reports. The platform will be free to use., and...

Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs. A media mogul was among the insiders making purchases this week. Some insiders were buying shares as others were selling them. Conventional wisdom says that insiders and 10%...

Insider buying can be an encouraging signal for potential investors. A couple of board chairs increased their stakes last week. Two of these companies are in the midst of restructuring. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason —...

Fox Corporation (NASDAQ: FOXA) (NASDAQ: FOX) Chairman Rupert Murdoch reported in a Thursday SEC filing that he has purchased 500,000 shares of the company at an average price of $32.06. Murdoch bought the shares in two rounds, according to the SEC filing. He purchased 100,000 shares...

Twenty-first Century Fox Inc (NASDAQ: FOXA) and Comcast Corporation (NASDAQ: CMCSA) are competing for British broadcaster Sky, and as recently as this week, Walt Disney Co (NYSE: DIS) and Comcast have been vying for Twenty-First Century Fox. It’s a pretzel of a deal, but here’s a...

Walt Disney Co (NYSE: DIS) on Wednesday raised its bid for Twenty-First Century Fox Inc Class A (NASDAQ: FOXA) after Comcast Corporation (NASDAQ: CMCSA) upped its offer. What Happened Disney and Fox announced they’d entered an amended and restated merger agreement for $38 per share —...

Rupert Murdoch's Twenty-First Century Fox Inc (NASDAQ: FOXA) already owns a 39-percent stake in the British-based satellite broadcaster Sky, but his quest to acquire the remaining 61 percent has now stalled. Fox's £11.7 billion deal to acquire the remaining stake in Sky is now being questioned by...

Twenty-First Century Fox Inc (NASDAQ: FOXA) is still interested in Time Warner Inc (NYSE: TWX). A source familiar with the matter told Benzinga on Friday morning that Fox has made a new offer for Time Warner, this time at a price of $105 per share. The source said the deal could happen as soon...

Twenty-First Century Fox Inc (NASDAQ: FOXA) dipped Thursday on at least two separate reports that 84-year-old Rupert Murdoch will soon step down as chief executive. "The matter of succession is on the agenda at our upcoming, regularly scheduled board meeting," Fox said in a statement Thursday to...