Name: Rupert Murdoch & Family
Position: Chairman And CEO, News Corp
Net Worth: $17 billion
Real Time Net Worth (8/29/23): $17 billion
Ranking: #100 in the world’s billionaires list (as of August 29, 2023)
Net Worth (2023): $17.1 billion (as of April 4, 2023)
Source of Wealth: Newspapers, TV network
Residence: New York, New York
Citizenship: United States
Marital Status: Married
Biography of Rupert Murdoch & Family
Rupert Murdoch is a prominent media mogul who has had a profound impact on the global media landscape, amassing a substantial fortune through his media holdings and ventures. His career has been marked by significant ownership and influence over various news and entertainment outlets.
Murdoch’s media empire includes some of the most well-known names in the industry, such as Fox News, The Times of London, and The Wall Street Journal. He has been a key figure in shaping public discourse through his media outlets.
In 2019, Murdoch made a significant move by selling a substantial portion of his media assets to Disney. This included selling Fox’s movie studio, FX, National Geographic Networks, and its stake in Star India for $71.3 billion. His son, Lachlan Murdoch, took over the leadership of the newly restructured Fox, which comprises broadcast, cable news, business, and sports networks.
Despite his media holdings often having a conservative-leaning reputation, Murdoch’s influence extends beyond party lines. He is known for initially urging Mike Bloomberg to run for president against Donald Trump, showcasing his willingness to engage in political discourse.
Rupert Murdoch’s journey began in Australia, where he inherited a newspaper at the age of 22 following the passing of his father, a former war correspondent. Over the years, he expanded his media empire to include various outlets in different countries.
As a media magnate and entrepreneur, Murdoch has played a significant role in shaping public opinion, delivering news and entertainment to millions of people worldwide. He has been recognized for his impact on the industry and his ability to create and sustain successful media enterprises.
According to Forbes, Rupert Murdoch & Family are the 100th Richest Family in the world.
Born in 1931, Rupert Murdoch is currently 92 years old and resides in New York City. He holds United States citizenship and is married with six children. His education includes a Bachelor of Arts/Science and a Master of Arts from Oxford University.
Rupert Murdoch’s influence on the media landscape, his business acumen, and his role as a media visionary have solidified his place as one of the most notable and powerful figures in the industry.