Australian billionaire Rupert Murdoch, 94, announced on Thursday that he is stepping down as leader of Fox Corp, which owns Fox News. His son, Lachlan Murdoch, will now take over his media empire.
Rupert Murdoch is best known for being the chairman of Fox Corporation, the parent company of Fox Business, Fox News, and Fox Sports. How wealthy is the media mogul now?
Former President Donald Trump has called on Fox News and its owner Rupert Murdoch to "admit" that the 2020 presidential election was stolen from him and that there has been actual voter fraud.
Rupert Murdoch was reportedly worried about how Fox News' top hosts "went too far" in pushing false claims about the election, according to email and messages released in a lawsuit filed against the company.
Steve Bannon has declared war against Fox News and its leader, Rupert Murdoch, who did not believe former President Donald Trump's narrative that the 2020 election was stolen.
As Fox Corp chairman Rupert Murdoch testified during the Dominion lawsuit hearing, he acknowledged that his hosts did spread false information. This comes as private messages from Tucker Carlson, Laura, Ingram, and Sean Hannity exposed their own election lies.
Rupert Murdoch's outlets New York Post and the Wall Street Journal skewered Donald Trump with scathing articles while Fox News hosts skirted around Trump.
U.S. President Joe Biden has described media news outlet Fox News as "one of the most destructive forces in the United States," based on an upcoming book by two New York Times reporters.