One of the most important people in the news media is Rupert Murdoch. The media mogul and business billionaire is in charge of News Corp., which has global authority over hundreds of news outlets like Fox News, The Sun, The New York Post, and The Daily Telegraph.
Murdoch is regarded as one of the world’s wealthiest individuals. He was ranked as the 31st richest person in the US in 2022. But how much precisely is the media tycoon’s net worth? Find out by reading on.
Rupert Murdoch Net Worth 2023
Rupert Murdoch’s net worth, according to Forbes, was $17.2 billion as of March 2023. On Forbes’ list of the wealthiest Americans, he is now ranked number 35. Murdoch’s net worth peaked in 2021, when it was estimated to be $23.5 billion, a sharp increase from $14.9 billion the year before.
The businessman has frequently appeared on lists of the top 100 richest people on earth. He was listed as the 60th richest person in 1990 and the 72nd in 2022. Murdoch, an Australian by birth, started his career by taking over The News, a neighbourhood publication his father founded in Adelaide.
Rupert Murdoch Biography
On March 11, 1931, Rupert Murdoch was born in Melbourne, Australia. His father had served as publisher of “The News” magazine. He acquired ownership of the publication upon the passing of his father. He began acquiring additional magazines, and he continued. Having grown to be one of the biggest magazine owners, After being crowned king of Australia, he continued to produce newspapers all over the world and eventually became one of Australia’s largest publishers.
In London, England, he began purchasing media companies. Fleet Street was once beyond his control, but there was also a moment in the mid-1990s when he was known as King of Fleet Street in London.
|Real Name/Full Name||Keith Rupert Murdoch|
|Nick Name/Celebrated Name:||Rupert Murdoch|
|Birth Place:||Melbourne, Australia|
|Date Of Birth/Birthday:||11 March 1931|
|Age/How Old:||92 years old|
||In Centimetres – 180 cm
In Feet and Inches –5’ 9”
|Weight:||In Kilograms – 67 kg
In Pounds –147 lbs
|Wife/Spouse Name:||Jerry Hall (m. 2016), Wendi Murdoch (m. 1999–2013)|
|Kids/Children Name:||Lachlan Murdoch, James Murdoch, Prudence Murdoch, Elisabeth Murdoch, Grace Murdoch, Chloe Murdoch|
|Parents Name:||Father – Keith Murdoch
Mother – Dame Elisabeth
|School:||Geelong Grammar School|
|College:||Worcester College, Oxford (BA, MA)|
|Social media Accounts:|
|Net Worth:||$17.2 billion|
The world’s largest media conglomerate is Corp. We are unable to discuss Rupert Murdoch’s property because if we do, we will have to remain in this location for the ensuing three days. Therefore, let’s say that Rupert Murdoch owns property in every significant city on the planet. One last time before we part ways, we would want to emphasise that regardless of your feelings towards Rupert Murdoch, you cannot ignore him. Watch this space for more celebrity news.
Career as Media Proprietor
Before founding The Australian, he quickly established The News as a strong national daily and began purchasing additional regional publications. The UK’s faltering News of the World and The Sun were then taken over by him, and he successfully converted them into profitable businesses.
The San Antonio Express-News, his first US publication, was purchased by him in 1973. The New York Post was next, purchased in 1976. Ten years later, he established the Fox Broadcasting Company, which quickly rose to the top of the media industry in the nation.
As its media company, News Corporation split from 21st Century Fox in 2013. Fox News, The Wall Street Journal, The Times, Sky News Australia, The Daily Telegraph, and HarperCollins are just a few of the major news outlets that the company—and Murdoch—now owns.
Disney purchased 21st Century Fox in 2019 for a staggering $71 billion. Murdoch received $12 billion in Disney stock in exchange for his 17% ownership of Fox. The acquisition benefited his six children as well, because they each received $10 billion. Currently, the media mogul owns 39% of Fox Corporation. The estimated value of his portion is $4 billion.
Real Estate Investments
Murdoch spent $12.85 million between 2012 and 2014 purchasing three apartments in the meatpacking neighbourhood of New York City’s Porter House skyscraper. He spent $23 million earlier in 2011 to buy a 12,000-square-foot Georgian home in New York. He also owns two $58 million condo units in the One Madison luxury project in New York City.
In addition, Murdoch has a 16-acre vineyard estate in Bel-Air, Los Angeles, which he paid $28.8 million for in 2013. When Ann Lesley Smith paid a visit to the vineyard in September 2022, he first met her there.
The businessman spent $200 million in 2021 to acquire a 340,000-acre property in Montana. The transaction is reportedly the largest ranch sale in the state’s history. There are twenty homes on the 50-mile-long property. Murdoch paid $30 million for a 6,500-square-foot apartment on Central Park South in February 2023.
Rupert Murdoch Achievement
His biggest accomplishment is the success he had in creating a global media empire that significantly altered the media landscape. He has been able to sway public opinion on a variety of subjects and affect political results thanks to his ownership of News Corp. Murdoch has also been successful in establishing media businesses across a variety of sectors, including publishing, sports broadcasting, and the creation of films and television shows.
Murdoch has received accolades for his work in the media sector and has been admitted to a number of halls of honour, including the Television Hall of Honour and the Broadcasting and Cable Hall of Fame.
Rupert Murdoch Awards
Keith Rupert Murdoch has won various honours during the course of his career. One of Australia’s highest honours, the Companion of the Order of Australia, was given to him in 2004. Murdoch has also been honoured for his work in the media sector and has won prizes like the International Emmy Directorate Award, the Royal Television Society Gold Medal, and the Academy of Television Arts and Sciences Lifetime Achievement Award.
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