Fox is owned by Australian-American Business tycoon Rupert Murdoch.
It was established in 2019 due to the acquisition of 21st Century Fox by the Walt Disney Company. The remaining assets that were not attained by Disney were spun off from 21st Century Fox as Fox Corporation. Its stock commenced trading on March 19, 2019.
The publicly traded American mass media, Fox Corporation operated and controlled by Murdoch is headquartered at 1211 Avenue of the Americas in New York City.
The organization is controlled by the Murdoch family via a family trust with a 39.6% ownership share.
Besides Fox, the business mogul Rupert Murdock also owns several media outlets which include The Sun and The Times (UK), The Daily Telegraph, Herald Sun, and The Australian (Australia), The Wall Street Journal and the New York Post (United States of America).
Rupert Murdoch is also owned book publisher HarperCollins, and the television broadcasting channels Sky News Australia.