Rupert Murdoch AC KCSG is an American businessman, media mogul, and investor who was born in Australia on March 11, 1931 (/mrdk/ MUR-dok). He is the owner of hundreds of regional, local, and international media outlets through his company News Corp, including the newspapers The Sun and The Times in the UK, The Daily Telegraph, Herald Sun, and The Australian in Australia, The Wall Street Journal, and The New York Post in the US, as well as the publishing company Harper Collins and the television networks Sky News Australia and Fox News (via 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 is the 71st richest person in the world and the 31st richest in the United States, with a net worth of $21.7 billion as of 2 March 2022.
Murdoch took over the management of The News, his father’s modest Adelaide newspaper, after his father passed away in 1952. Before expanding into the United Kingdom in 1969 and acquiring the News of the World and The Sun, Murdoch had acquired a number of newspapers in Australia and New Zealand during the 1950s and 1960s.
Murdoch relocated to New York City in 1974 in order to enter the US market, although he kept his holdings in Australia and Britain. Murdoch purchased The Times, his first British newspaper, in 1981. To fulfill the legal requirement for US television network ownership, he gave up his Australian citizenship in 1985 and naturalized as a US citizen.
Murdoch centralized his UK printing operations in London in 1986 because he was eager to implement more modern electronic publishing technologies, which led to acrimonious labor battles. Twentieth Century Fox (1985), HarperCollins (1989), and The Wall Street Journal were all purchased by his holding firm News Corporation (2007).
In 1990, Murdoch founded the British broadcaster BSkyB. During the 1990s, he also made inroads into South American and Asian television networks. Murdoch’s News Corporation had a net worth of over $5 billion and owned over 800 businesses in more than 50 nations by the year 2000.
In July 2011, Murdoch was accused of routinely hacking the phones of royalty, prominent figures, and celebrities through his businesses, including the News of the World, owned by News Corporation. Murdoch was the subject of FBI inquiries in the US and British police and government probes into allegations of bribery and corruption. Murdoch left his position as a director of News International on July 21, 2012.
Some people have credited Murdoch’s influence with significant political developments in the UK, US, and Australia. Murdoch’s newspapers and television networks have been accused of providing biased and misleading coverage to support his business interests and political allies.
Rupert Murdoch net worth 2022
Rupert Murdoch’s net worth is $21.7 billion as of March 2022. He Is one of the richest person in America.