The New York Times (sometimes abbreviated as the NYT and NYTimes) is an American newspaper based in New York City with worldwide influence and readership. Founded in 1851, the paper has won 130 Pulitzer Prizes, more than any other newspaper. The Times is ranked 18th in the world by circulation and 3rd in the U.S. Nicknamed "The Gray Lady", the Times has long been regarded within the industry as a national "newspaper of record". The paper's motto, "All the News That's Fit to Print", appears in the upper left-hand corner of the front page. The paper is owned by The New York Times Company, which is publicly traded and is controlled by the Sulzberger family through a dual-class share structure.