Table
Here is a table summarizing Rupert Murdoch’s important details:
| Category | Information |
|---|---|
| Net Worth | $9 billion |
| Salary | N/A |
| Birthdate | March 11, 1931 |
| Birthplace | Melbourne, Australia |
| Gender | Male |
| Height | N/A |
| Profession | Media Mogul |
| Nationality | Australian-born, naturalized US citizen |
What is Rupert Murdoch’s Net Worth?
Rupert Murdoch, the Australian-born media mogul, has a net worth of $9 billion. He accumulated this wealth primarily through his role as the founder of News Corp, a multinational mass media conglomerate.
Highlights
– Rupert Murdoch’s net worth is $9 billion.
– He is an Australian-born media mogul.
– Murdoch is the founder of News Corp and owns several influential publishing outlets worldwide.
– His notable assets include Fox News, The Wall Street Journal, The Daily Telegraph, The Times, Sky News Australia, HarperCollins, and more.
Early Life
Rupert Murdoch was born on March 11, 1931, in Melbourne, Australia. At the age of 21, after his father’s death, he took over “The News,” an Adelaide newspaper previously established by his father. Murdoch successfully transformed the publication into a thriving paper in Australia and expanded his newspaper acquisitions across the nation.
Career
Murdoch’s career began with the establishment of “The Australian” newspaper in Australia. From there, he acquired struggling publications in the United Kingdom, such as “News of the World” and “The Sun,” and turned them into successful businesses. In 1973, he made his first purchase of a US-based paper, the “San Antonio Express-News.” His media empire continued to grow with subsequent acquisitions, including the “New York Post” in 1976.
In 1984, Murdoch bought the stake of 20th Century Fox from Marvin Davis and acquired independent television stations owned by John Kluge. These acquisitions laid the foundation for his venture, the Fox Broadcasting Company, founded in 1986. Fox quickly became one of the nation’s largest media companies.
Personal Life
Rupert Murdoch has been married four times. He was married to Patricia Booker from 1956 to 1967, Anna Murdoch Mann from 1967 to 1999, Wendi Deng from 1999 to 2013, and Jerry Hall from 2016 (divorcing in June 2022). He has four children, many of whom have successful careers within Murdoch’s business enterprises.
Net Worth Over Time
Rupert Murdoch’s net worth has seen significant fluctuations over the years. In 1990, he became the 60th-richest person in the world with $1.1 billion. By 1996, his net worth increased to $3.2 billion, making him the 85th-richest person globally. In 2003, he was the 54th-richest person with $5.4 billion, but his ranking slipped in subsequent years. As of now, his net worth stands at $9 billion.
Components of Net Worth
Rupert Murdoch’s net worth primarily stems from his ownership of News Corp and its various subsidiaries. These holdings include major media outlets such as Fox News, The Wall Street Journal, The Daily Telegraph, The Times, Sky News Australia, and HarperCollins. Additionally, Murdoch has made profitable real estate investments, including properties in New York City and Los Angeles. His net worth also received a boost from the sale of 21st Century Fox to Disney, resulting in substantial proceeds and ownership in the newly-formed Fox Corporation.
Rupert Murdoch continues to hold significant influence in the media industry and has amassed substantial wealth throughout his career.