Fox Corp. sliced 88-year-old chairman Rupert Murdoch's total compensation package 14.3 percent to $42,156,115 during fiscal 2019.
Executive chairman/CEO Lachlan Murdoch, Rupert's son, took a 16.9 percent chop in compensation to $42,111,103.
Rupert's pay package included $165,178 in perquisites for items such as personal use of corporate aircraft ($85,490) and car ($21,684).
Lachlan chalked up $202,992 in perks, which included $175,282 for plane rides and $14,400 for car trips.
Fiscal 2019 was a transformative year for Fox. On March 19, Fox became a standalone company trading on the NASDAQ following the divestiture of the Hollywood studio assets to Walt Disney Co.
The company on Nov. 6 reported that revenues for its first full fiscal quarter (ended Sept. 30) jumped 5.7 percent to $2.7B though profit slipped 16.6 percent to $513M.
Fox's shareholder meeting is slated for Nov. 14 in Los Angeles.