forbes valuation
Rupert Murdoch—who stepped down as chairman of his Fox Corporation in September 2023—and his family have a fortune valued at $23.3 billion, according to Forbes’ estimates. Anthony Wood, who founded Roku in 2002, has an estimated net worth of $3.2 billion.
Read more Lack Of Details On Trump’s ‘Great’ Iran Deal Prompts Criticism From All Sides
key background
A deal for Roku marks the first major acquisition since Lachlan Murdoch assumed Rupert Murdoch’s board seat in 2023. Fox, like other media giants, has shifted toward streaming in recent years: The company announced in 2020 it would buy the ad-supported streaming service Tubi for $440 million. In 2025, it launched the subscription livestreaming service Fox One, on which the FIFA World Cup has been forecast in recent days. Tubi reached profitability for the first time last year, announcing in July it reached more than 100 million monthly active users and 1 billion hours of streamed content per month. Netflix, in comparison, reported more than 300 million subscribers as of late 2024.
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further reading
ForbesLachlan Murdoch Might Be Involved In TikTok Deal, Trump SaysBy Zachary Folk