Rupert Murdoch Sells $62 Million in News Corp. Shares

LONDON - JUNE 21:  Chairman of News Corporation Rupert Murdoch listens during The Times CEO summit at the Savoy Hotel on June 21, 2011 in London, England. The summit included News Corporation chairman Rupert Murdoch, chief executives of Goldman Sachs, Santander and Vodafone and Labour Leader Ed Miliband. (Photo by Ben Gurr - WPA Pool/ Getty Images)
Photo: WPA Pool/2011 Getty Images

Pay no mind to the media mogul just moving around some money: The embattled, but still rich and impossibly powerful, News Corp. CEO sold 3.6 million of his A shares for "financial planning" reasons, but don't get too excited — B shares, of which the Murdoch family owns 40 percent, are the ones that come with boardroom voting privileges.