In 2024 Rupert Murdoch’s net worth is projected to be $20.7 billion. Among the richest people on earth is he. His riches results from decades in the media business. Murdoch owns The Wall Street Journal and Fox News among other worldwide assets. His impact crosses several nations.
1952 saw Murdoch start his media career. He assumed control of a little Adelaide newspaper called The News. From there, he grew into the UK, Australia, and New Zealand. He arrived on the US scene in the 1970s. He bought TV networks and big newspapers among other things.
Rupert Murdoch – Bio and Professional Information Table
Category | Information |
---|---|
Name | Keith Rupert Murdoch |
Born | March 11, 1931 |
Age | 93 years old |
Place of Birth | Melbourne, Australia |
Citizenship | Australia (until 1985), United States (from 1985) |
Occupation | Business Magnate, Media Proprietor, Investor |
Net Worth | $20.7 billion (2024) |
Organizations Founded | Fox News, Sky News, News Corp, 21st Century Fox, The Sun, The Times |
Spouses | Elena Zhukova (m. 2024), Jerry Hall (m. 2016–2022), Wendi Deng (m. 1999–2013) |
Children | 6 – Lachlan, James, Prudence, Elisabeth, Grace, Chloe |
Website | Rupert Murdoch Wikipedia |
Spread into World Markets
Murdoch proliferated quickly. In the UK he picked up The Sun and News of the World. Sensational journalism was his particular interest. Sales were raised with this approach. In 1981 he obtained The Times and The Sunday Times. He was a major force in British media by the 1980s.
Admission into the US Market
Murdoch arrived to US territory in 1973. He picked up the San Antonio Express-News. 1976 saw him pick up the New York Post. 1986 saw him start Fox Broadcasting Company. This was a big turning point. Originally started in 1996, Fox News rose to become a popular cable news source.
The Growing Authority of Fox News
Fox News expanded swiftly. It started to dominate conservative media’s voice. Murdoch exploited it to change public perspective. He plays a major part in US political scene. The popularity of the network brought billions to his wealth. Among his most successful endeavors still is this one.
Disney Purchase
Murdoch sold assets of 21st Century Fox to Disney for $71.3 billion in 2019. He kept sporting and Fox News assets. The sell was a calculated action. It confirmed his riches and reorganised his company. Fox Corporation still is owned by the Murdoch family.
Political Impact and Media Authority
Murdoch has been connected with political power. Elections and policies have been formed by his TV stations and newspapers. He has backed politicians on both sides, conservative and liberal. His media sources are known for contentious reportage. His impact is still up for dispute.
The scandal of phone hacking
The name of Murdoch suffered in 2011. The phone hacking episode revealed News of the World’s illicit operations. Journalists broke into political and celebrity phones. This brought about its shutdown. The affair set off extensive inquiries and resignations.
Personal Life and marriages
Murdoch has been married five times. In 2024 he wed Elena Zhukova. Former marriages of his include Wendi Deng and Jerry Hall. Six of his children help out in his company. Family dynamics have been somewhat difficult. Empire control has set forth conflicts.
Real Estate and Other Notes of Interest
Murdoch has a number of opulent homes. His real estate is spread over Australia, Los Angeles, and New York. Additionally he has a vineyard in California. His fortune is much enhanced by these items. Still a major component of his investing plan is real estate.
Present Opportunities and Future Prospect
In 2023 Murdoch resigned from Fox Corp’s chairman post. Currently running the business is his son Lachlan. Rupert still has great impact, though. Having $20.7 billion in net worth, his legacy is safe. His family will keep influencing the media landscape.
Rupert Murdoch’s legacy
Media empire of Rupert Murdoch defines his legacy. It is amazing how well he could establish and run a worldwide company. Notwithstanding controversies, he is still a potent person. Years to come will find people remembering his impact on politics and the media.