They own 7% of the voting shares as of Jan 1, 2011.
It’s not how many shares the own, but the Saudi son of a bitch has about $40B and has publicly voiced support for Murdoch. This prevents any other companies from trying to attempt a hostile takeover of News Corp, the parent company. Murdoch owes his chairmanship to the Saudi Prince. Murdoch himself is a globalist and America is just an imaginary line on the maps to this pair. Yet people are naive enough to believe that Fox is “America’s News Channel.” Ridiculous.
I few years ago an American company attempted a hostile takeover of News Corp, ironically named “Liberty Media.” The Saudi Prince intervened to stop the hostile takeover. It’s not just his wealth that protects them, but people know he is backed by the Saudi King. No one is going to be dumb enough to bid against Prince Alwaleed, no matter how few shares he may own. It’s just a signal that anyone that wants to take on his boy, Murdoch, has to go though him.