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Owns several major media enterprises such as FOX and HarperCollins Publishers. Daughters with Wendi: Grace Helen (born on 19 November 2001) and Chloe (born July 17, 2003). Owned the Los Angeles Dodgers baseball franchise from 1998-2004, which he purchased from the O'Malley family. His wife Wendi, gave birth to their second daughter, Chloe (born July 17, 2003). In November 2003, he made his younger son James (then 30 years of age) the chief executive of BSkyB, of which he himself is chairman and the biggest shareholder (34.3%). Until then, his older son Lachlan Murdoch, deputy chief operating officer at News Corp. and head of the New York Post and the company's television stations) had seemed to be the heir apparent. Conservative media baron who created the Fox News Channel in 1996 as a conservative counterpart to the generally liberal Cable News Network (CNN), founded by outspoken liberal media baron Ted Turner in 1980. When he went on a buying spree of Australian newspapers, he was given the derisive nickname "Koala Kong" by his critics. Father of Elizabeth Murdoch , Lachlan Murdoch and James Murdoch. Father-in-law of 'Sarah O'Hare' . His two young daughters from Wendi Deng have 'play time sessions' with Hugh Jackman's two adopted children in New York.