Who Owns National Review: The History and Current Ownership

Background and Founding of National Review

The National Review is a magazine that plays a significant role in the conservative movement. It was founded in 1959 by William F. Buckley Jr., who not only established the magazine but also retained ownership of its sole share of stock. This was done to ensure the purpose of the publication was to foster the conservative movement rather than focus on increasing shareholder value.

In the early years, the magazine struggled to make a profit. National Review only turned a profit in 1994, and its survival has largely depended on limited ad sales, subscriptions, and donations, as well as sponsorship deals and their cruises.

The Ownership Change

At the 50th anniversary dinner, William F. Buckley Jr. formally transferred the share certificate to Jack Fowler, who became the new Publisher. According to the records of the New York State Secretary of State, National Review Inc. has issued 1 million common shares, each valued at 1 penny. Some reports suggest that Christopher Buckley owns one-seventh of the company, though the exact ownership structure remains unclear.

Current Ownership Overview

Despite the evolution of its ownership, National Review remains a closely held corporation based in New York. The detailed ownership information and the exact distribution of shares are not publicly available, adding to the intrigue surrounding the magazine's corporate structure.

Over the years, National Review has maintained its position as a strong voice in conservative politics, and its continued survival and adaptability speak to the enduring relevance of the magazine in contemporary political discourse.

Conclusion

The evolution of National Review's ownership is a fascinating part of the magazine's history. From William F. Buckley Jr. retaining sole ownership to the current closely held structure, the magazine has adapted to changing times while maintaining its core mission. The exact distribution of shares remains a mystery, adding to the intrigue of its corporate ownership story.