Wrong.
Shareholders
In August 2005, the Murdoch family owned only about 29% of the company of which as of June 2013 had been diluted to around 17%. However, nearly all of these shares were voting shares which currently stand at 39% of the total voting shares, and Rupert Murdoch retained effective control of the company. Nonetheless, John Malone of Liberty Media had built up a large stake, with about half of the shares being voting shares. Therefore, in November 2006, News Corporation announced its intention to transfer its 38.5% interest in DirecTV Group to John Malone's Liberty Media; in return it bought back Liberty's 16.3% stake in News Corp., giving Murdoch tighter control of the latter firm.[62] Murdoch sold 17.5 million class A shares in December 2007.[63]
Another major stakeholder has been Al-Waleed bin Talal, of the Saudi Royal Family. In 1997, Time reported that Al-Waleed owned about five percent of News Corporation.[64] In 2010, Alwaleed's stake in News Corp. was about 7 percent, amounting to $3 billion. In 2013, News Corp. had a $175 million (19 percent) investment in Al-Waleed's Rotana Group, the Arab world's largest entertainment company.[65] Sold all shares which was already at 6% in November 2017[66]
https ://en.wikipedia.org/wiki/Al-Waleed_bin_Talal