Tag: Rupert Murdoch

Forbes has released its list of the world’s billionaires. There are more than ever before — and they’re wealthier.
Money

Forbes has released its list of the world’s billionaires. There are more than ever before — and they’re wealthier.

Forbes has released its annual list of the world's billionaires and in 2024, there are more people on the list than ever — and they're richer than ever.There are 141 more billionaires in the world than last year, with 2,781 in total. Their combined worth equals $14.2 trillion — up by $2 trillion in 2023.The 2024 list also broke records set in 2021, with 26 more billionaires on the list and their combined net worth up by $1.1 trillion.  Billionaires themselves are also wealthier, with two-thirds adding to their worth. The top 20 on the list gained the most, adding $700 billion to their combined worth since 2023. And the U.S. has a record 813 billionaires — the most of any country.China has 473 billionaires and India has 200, which set a record for that c...
‘Weekend Update’: Colin Jost Has A Harsh Out-Of-This-World Goodbye For Rupert Murdoch
Entertainment

‘Weekend Update’: Colin Jost Has A Harsh Out-Of-This-World Goodbye For Rupert Murdoch

″[He’s] passing the position on to his eldest son, Darth Murdoch,” quipped Jost as he used “Star Wars” to mock Lachlan Murdoch, who is taking the reins from his father.Co-host Michael Che separately brought up the House Ethics Committee’s recent report on Rep. George Santos (R-N.Y.) that described the Republican using campaign funds to pay for personal care and services including Hermès products, cosmetic procedures and OnlyFans’ subscriptions.The GOP chairman of the committee, Rep. Michael Guest (R-Miss.), has since filed a resolution to expel Santos from Congress.Che, who joked over a picture of Santos using the phone that it depicted him “asking your grandma for her social security number,” made a swipe at the congressman over his alleged purchases.“Santos would’ve denied the allegatio...
Activist Builds News Corp Stake, Plans to Seek Changes
World

Activist Builds News Corp Stake, Plans to Seek Changes

Starboard Value has built a stake in News Corp and the activist shareholder plans to push for strategic and governance changes at the Wall Street Journal parent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activist Builds News Corp Stake, Plans to Seek Changes
World

Activist Builds News Corp Stake, Plans to Seek Changes

Starboard Value has built a stake in News Corp and the activist shareholder plans to push for strategic and governance changes at the Wall Street Journal parent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Activist Builds News Corp Stake, Plans to Seek Changes
Money

Activist Builds News Corp Stake, Plans to Seek Changes

Starboard Value has built a stake in News Corp and the activist shareholder plans to push for strategic and governance changes at the Wall Street Journal parent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
MSNBC’s Mehdi Hasan Spots Rupert Murdoch’s Most ‘Unremittingly Toxic’ Legacy
Politics

MSNBC’s Mehdi Hasan Spots Rupert Murdoch’s Most ‘Unremittingly Toxic’ Legacy

MSNBC’s Mehdi Hasan slammed the “very real wake of destruction” that Rupert Murdoch is leaving behind as the billionaire media baron prepares to step down as Fox Corp. and News Corp. chair.“It’s difficult to sum up Murdoch’s unremittingly toxic and pernicious record, to encapsulate the sheer power of Murdoch to do damage to our politics, our media, our world,” Hasan wrote in an essay published on the MSNBC website on Sunday, an adapted version of a monologue he gave on his show in April“Three of the most destructive events of my lifetime — the Iraq War, the Brexit vote and the rise of Trump and his big lie — simply could not have happened without Rupert Murdoch,” he added.On Trump, Hasan explained how Fox “laid the groundwork” for his 2016 victory and then “essentially became his propagan...
Rupert Murdoch stepping down as chairman of News Corp. and Fox
Money

Rupert Murdoch stepping down as chairman of News Corp. and Fox

Rupert Murdoch, the longtime head of News Corp. and Fox, will step down as chairman and take on the role of emeritus chairman, capping a seven-decade career that built a media dynasty ranging from cable television to tabloid newspapers and turned him into one of the world's most influential media executives.Lachlan Murdoch, Rupert Murdoch's eldest son, will become the sole chair of News Corp. and continue as executive and CEO of Fox Corp, Fox announced Thursday. Rupert Murdoch will take on his new role at the companies' next shareholder meetings, which are scheduled for mid-November. Rupert Murdoch, 92, exits News Corp. and Fox at a time the media businesses are facing a number of challenges, including the fallout from a bruising trial, and nearly $800 million settlement, over a defamatio...