Who owns news corp
News Corp is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol NWSA. As a result, there is no single individual or entity that owns News Corp. Instead, the company is owned by its shareholders, who can buy and sell shares of the company on the open market.
As of February 2023, the largest shareholders of News Corp are:
- The Murdoch Family Trust: This trust, which is controlled by the Murdoch family, owns approximately 12.2% of News Corp's outstanding shares.
- The Vanguard Group, Inc.: This investment management company owns approximately 6.4% of News Corp's outstanding shares.
- BlackRock, Inc.: This investment management company owns approximately 5.6% of News Corp's outstanding shares.
- State Street Corporation: This financial services company owns approximately 4.1% of News Corp's outstanding shares.
- FMR, LLC (Fidelity): This investment management company owns approximately 3.4% of News Corp's outstanding shares.
It's worth noting that the Murdoch family, particularly Rupert Murdoch and his children, have significant influence over the company due to their large ownership stake and control of the trust. However, they do not have complete control over the company, as they must still answer to the company's board of directors and shareholders.