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Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, arrives at the Sun Valley Resort of the annual Allen & Company Sun Valley Conference, July 10, 2018 in Sun Valley, Idaho.
Rupert Murdoch announced Thursday that he was stepping down as chairman of Fox and News Corp.

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  • Rupert Murdoch has stepped down as the chairman of Fox and News Corp.
  • The 92-year-old is worth an estimated $8.26 billion. His family helped inspire HBO's "Succession."
  • Take a look at how Murdoch has spent his money on property, other assets, and his four divorces.

Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp, the companies said in a statement Thursday.

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Rupert Murdoch is stepping down as chairman of Fox and News Corp after a career…