The Economist is a weekly magazine-format newspaper owned by the Economist Group and edited at offices in London. Publication began under its founder, James Wilson in 1843. 50% is now owned by the English branch of the Rothschild family and by the Agnelli family through its holding company Exor, the remaining 50% is held by private investors including the editors and staff. The Economist takes an editorial stance of classical and economic liberalism which is supportive of free trade, globalisation, free immigration and cultural liberalism (such as supporting legal recognition for same-sex marriage or drug liberalization).