|Bid||19.42 x 2900|
|Ask||20.41 x 3200|
|Day's Range||19.97 - 20.23|
|52 Week Range||15.00 - 21.69|
|Beta (5Y Monthly)||1.33|
|PE Ratio (TTM)||77.15|
|Forward Dividend & Yield||0.20 (1.00%)|
|Ex-Dividend Date||Sep 12, 2023|
|1y Target Est||N/A|
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Rupert Murdoch's eldest son Lachlan will become the sole chair of News Corp. while continuing his role as CEO of Fox Corp., two multi-billion-dollar media companies.
Fox News, part of Fox Corp.'s $14 billion conservative news empire, is one slice of Lachlan Murdoch's billion-dollar dynastic fortune.
For Lachlan Murdoch, this moment has been a long time coming. On Thursday, his father Rupert Murdoch announced that in November he'll step down as the head of his two media companies: News Corp. and Fox Corp. Lachlan will become the chair of News Corp. while remaining chief executive and chair at Fox Corp., the parent of Fox News Channel. The changes make Rupert's eldest son the undisputed leader of the media empire his father built over decades.