Keith Rupert Murdoch AC KCSG is an American businessman, media mogul, and investor born in Australia on March 11, 1931. He is the owner of hundreds of local, national, and international publishing companies through his company News Corp, including the book publisher HarperCollins, the television networks Sky News Australia and Fox News, as well as publications in the US (The Wall Street Journal and the New York Post), Australia (The Daily Telegraph, Herald Sun, and The Australian), the UK (The Sun and The Times), and Australia (The Daily Telegraph, Herald Sun, and The Australian) (through the Fox Corporation). He also held ownership positions in 21st Century Fox (until 2019), Sky (until 2018), and the now-defunct News of the World. Murdoch had a net worth of $21.7 billion as of March 2, 2022. Murdoch ranks 71st in the world and 31st in the United States for wealth.
Facts about Rupert Murdoch :
|Full Name||Keith Rupert Murdoch|
|Birth Date||March 11, 1931|
|Birth Place||Melbourne, Australia|
|Nick Name||Koala Kong|
|Father’s Name||Keith Murdoch|
|Mother’s Name||Elisabeth Murdoch|
|Profession||businessman, media tycoon, and investor|
|Wife/Husband/Boyfriend/Girlfriend (Name)||Jerry Hall|
|Net Worth||$20 billion|
Rupert Murdoch’s Net Worth:
Australian media tycoon Rupert Murdoch made his wealth by founding News Corp. Rupert Murdoch is $20 billion in wealth. Murdoch, who is Australian, owns some of the most prestigious publishing houses in the world, making him a very powerful person in both the US and the rest of the world. These include HarperCollins, Sky News Australia, The Wall Street Journal, The Daily Telegraph, Fox News, The Times, and numerous others.
Rupert Murdoch Early Life
Keith Rupert Murdoch was born on March 11, 1931, in Melbourne, Australia. Rupert was 21 years old when his father passed away. Murdoch started running “The News,” an Adelaide newspaper his father had established, after being given the responsibility of taking over the family business. He successfully made the newspaper a popular one in Australia and then set out to buy other publications throughout the country.
After beginning his professional life as the proprietor of a little-sized newspaper in Adelaide, Murdoch soon expanded and put a strong emphasis on global markets, particularly in the United States. He had given up his Australian citizenship by 1985 and had naturalized as a US citizen for commercial purposes.
Murdoch is one of the wealthiest persons on the planet. With a net worth of $1.1 billion, he was the 60th richest person in the world in 1990. Rupert became the 85th richest person in the world in 1996 after increasing his net worth to $3.2 billion. His News Corp-owned 800 businesses in 50 different nations in 2000, and the business had a combined net worth of more than $5 billion.
With a net worth of $5.4 billion, Rupert Murdoch was the 54th richest person in the world in 2003. A few years later, Murdoch’s position among billionaires started to decline, and it was said that he had a net worth of $6.3 billion and was the 117th-richest person in the world.
Rupert Murdoch’s Career
Rupert acquired several struggling British magazines like “News of the World” and “The Sun” after starting a new daily called “The Australian” in Australia. Murdoch turned these journals into prosperous enterprises, much like he had done in Australia. His first purchase of a US-based newspaper was the “San Antonio Express-News” in 1973. He made a series of other purchases after that, and in 1976 he bought the “New York Post.”
The 1980s saw Rupert’s actual purchase binge. For $250 million, Murdoch acquired Marc Rich’s stake in 20th Century Fox in 1984 from Marvin Davis. Due to the trading agreements Rich had with Iran that were at the time under US sanctions, he was forced to sell. John Kluge, the richest man in the world in 1990, sold all of his independent television stations to Murdoch, who then bought them all.
The foundation of Rupert’s new business, Fox Broadcasting Company, was made up of those six stations. Fox, established in 1986, soon rose to the top of the media industry in the country. Rupert also paid an additional $326 million to acquire Davis’ stock in Fox.
Disney paid $71 billion to acquire 21st Century Fox in 2019. Rupert owned a 17 percent stake in Fox then, and after the dust settled, he had nearly $12 billion in Disney stock. The arrangement was extremely profitable for his kids as well. The six children of Rupert received an additional $10 billion from the deal.
Rupert also acquired a 39 percent stake in the newly established Fox Corporation due to the agreement. The Wall Street Journal, New York Post, Fox News, Fox Broadcast Network, and The Times of London are a few famous subsidiaries owned by this media conglomerate. His 39 percent share is estimated to be worth $4 billion as of 2020.
Rupert Murdoch’s Family Background
Murdoch was born on March 11, 1931, in Melbourne, Victoria, Australia. He was the son of Dame Elisabeth Murdoch (née Greene; 1909–2012) and Sir Keith Murdoch (1885–1952). He has Scottish, English, and Irish ancestry. Murdoch’s grandfather was a Presbyterian pastor, and both of his parents were born in Melbourne.
Rupert Murdoch’s relationship status
Murdoch has had four marriages. He was married to Patricia Booker from 1956 to 1967. He was married to Anna Murdoch Mann from 1967 till 1999. So, he was wed to Wendi Deng from 1999 to 2013. Also, he wed Jerry Hall, Mick Jagger’s ex-wife, in 2016. Rupert and Jerry Hall’s impending divorce was made public in June 2022. He is the father of four kids, many of whom have gone on to have prosperous professional careers within Murdoch’s various commercial ventures.
Rupert Murdoch’s Background in Education
He went to Geelong Grammar School, where he served as editor of the student publication If Revived and co-editor of the institution’s official journal, The Corian. The cricket team from his school he led to the National Junior Finals. Need for clarification His father prepared him to take over the family business while he was a part-time employee at the Melbourne Herald. At Worcester College in Oxford, England, where he studied philosophy, politics, and economics, Murdoch developed the “Red Rupert” moniker and kept a bust of Lenin in his chamber. He managed Oxford Student Publications Limited, the Cherwell publishing firm, and was an Oxford University Labour Party member. He also ran for secretary of the Labour Club.
Rupert Murdoch’s net worth is?
Rupert Murdoch has a net worth of $20 billion.
Are Jerry Hall and Rupert Murdoch still wed?
The media mogul and the supermodel-turned-actress were wed for six years. Jerry Hall and Rupert Murdoch are reportedly getting divorced.
Why is Jerry’s divorce from Rupert?
Rupert Murdoch was the one who wanted out of the marriage, according to people close to the couple, and he was the one who requested a divorce. Jerry Hall’s spending habits irked Rupert Murdoch, and he believed she was continually attempting to control him.
Which businesses is Rupert Murdoch the owner of?
The Times of London, The Wall Street Journal, and the cable news network Fox News are all under Murdoch’s control. Fox’s majority-owned film studio, FX, National Geographic Networks, and Murdoch’s investment in Star India to Disney for $71.3 billion in March 2019.