Murdoch also owns a W220 Mercedes-Benz S Class, which was introduced in 1998. Finally, Murdoch’s collection includes a Rolls-Royce Ghost Black Badge, priced at $400,000. Following the sale, Murdoch maintained control of Fox Corporation, which owns Fox News, The Wall Street Journal, and the New York Post. His 39% stake in Fox Corporation today is worth approximately $4 billion. Critics argue that his focus on profit and influence has, at times, undermined journalistic integrity.

Ellison was born in the Bronx and currently owns about 40% of the company. According to Forbes, Ellison has a real time net worth of $174.8 billion as of April 10. His enormous business, which currently includes television, internet publishing, and traditional media, guarantees that his financial legacy will endure. He started with a small newspaper in Australia and gradually grew his influence by acquiring entertainment enterprises, television networks, and big news magazines. He has continued to be an unstoppable force, adjusting to new trends and growing stronger with each passing decade despite changes in the market and difficulties facing the sector.

• Murdoch’s skill in expanding his media empire made him very rich and influential.
• Rupert Murdoch, an Australian-born American billionaire businessman, media tycoon, and investor, has a Net Worth of a staggering $22.4 billion.
• He has also amassed a large amount of wealth through investments in various industries.
• He quickly expanded his empire by acquiring and revamping struggling newspapers in Australia.
• As a part of the News Corp, Murdoch’s 21st Century Fox is the media subsidiary that owns many popular television networks such as FOX, F.X., and National Geographic.

How many biological children does Rupert Murdoch have?

He later acquired the New York Post in 1976, followed by several independent television stations in the 1980s. His most significant move came in 1986 with the founding of Fox Broadcasting Company, which quickly became one of America’s leading networks. His acquisition of The Wall Street Journal in 2007 further solidified his position in print journalism. Fast forward to December 2021, when Rupert made headlines by purchasing a massive 340,000-acre ranch in Montana for $200 million, previously owned by the Koch family for many years.

Rupert Murdoch Net Worth: Media, News, and Global Reach

These companies own multiple television networks, publishing houses, film studios, and other digital media companies. Rupert Murdoch has long been interested in creating media empires at home and abroad. Through his investments in newspapers, television stations, and film studios, he has been able to leverage the power of the media for his gain. Murdoch continues to have a significant impact on the media landscape even after resigning as chairman of Fox Corporation and News Corp in 2023. His continued investments in digital media and international broadcasting are anticipated to increase his wealth.

In 2019, Murdoch bought a Grade 2 listed Georgian property for $14.5 million. The palace built in the 1700s features 11 bedrooms, an infinity pool and a ballet studio. It became the home of Murdoch and his then-wife Jerry Hall, Forbes reported.

He then went on to acquire a number of newspapers in Australia and New Zealand. Over the next fifteen years, Murdoch’s portfolio expanded and was valued at more than $50 million. Rupert Murdoch’s influence in conservative media and his astounding net worth make him a significant figure in the media industry. His control over Fox Corporation and News Corp has shaped news reporting and political narratives, highlighting his pivotal role. Despite stepping down as chairman, his legacy in the media world is undeniable. Murdoch, at 92, is worth an estimated $19 billion, making him one of the wealthiest media moguls.

#7: Fox Television Group

See today’s front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. According to Forbes, Murdoch’s net worth makes him the 96th richest person in the world. Rupert Murdoch’s net worth is estimated to be around $17.4 billion (£14 billion). He was the second of four children born to Dame Elisabeth and Sir Keith Murdoch (1885–1952). Dow Jones & Company is the publisher of the world-renowned Wall Street Journal and many other financial publications.

As technology has advanced and digital media has become more prominent, Rupert Murdoch has become increasingly interested in the internet. He owns several digital properties, including The Sun, The Times, and News Corp websites, enabling him to extend his reach further. So much of Rupert Murdoch’s success has been fueled by his acquisitions. He acquired HarperCollins, one of the world’s largest publishers of books, as well as Warner Music Group, a global leader in recorded music. Murdoch’s success can also be attributed to the inheritance he received from his father when he died in 1952.

• These three units were purchased between 2012 and 2014 for a sum of $12.85 million.
• He took over the family business at 21 when his father died, and started managing “The News,” an Adelaide newspaper.
• In 2007, Murdoch bought The Wall Street Journal parent company, Dow Jones for nearly $6 billion, ending a century of ownership by the wealthy Bancroft family.
• Rupert Murdoch has an estimated net worth of around $17.5 billion, making him one of the wealthiest media tycoons in the world.

In 2013, Murdoch bought a Bel-Air property from Northrop Corporation CEO Thomas Jones for $28 million. Named ‘Moraga’, the property is the only working winery in upscale Bel-Air as per Forbes. Fans were quick to point out a scene from the second episode of season four featured the Murdoch-esque Logan Roy addressing the ATN newsroom standing on boxes of printing paper.

Who Is The Current Ceo Of Fox?

He married Patricia Booker, his first wife, when he was 25 years old, in 1956. They also have ownership in Remgro, a holding group with investments in more than 30 companies, including FirstRand, Unilever South Africa, and RMB Holdings. Murdoch’s son Lachlan Murdoch will become sole chairman of both companies. Rupert Murdoch and News Corporation have been involved in media scandals, including phone hacking and bribery allegations.

He also expanded to book publishing bsuiness by taking over Harper & Row in 1987, which later merged wth Colling to form HarperCollins. Rupert’s newspaper holdings grew as a result of buying various companies throughout time. Rupert Murdoch is the 31st richest person in the United States and the 71st richest person globally, with a net worth of $22.4 billion as of July 28, 2021. In addition to publishers like Harper Collins, he also owns television broadcasting channels Sky News Australia and Fox News in the United States. Murdoch took over management of The News, his father’s small Adelaide newspaper, after his death in 1952. Murdoch bought various papers in Australia and New Zealand during the 1950s and 1960s.

Rupert Murdoch’s Wealth in 2025, A Closer Look at His Business Legacy

He then purchased all of the independent television stations owned by John Kluge, who was the richest man in the world in 1990. In the United Kingdom, he took over “News of the World” and “The Sun,” both of which were struggling at the time of acquisitions. He replicated his Australian success and  transformed the two papers into successful businesses. He went on to make Fox the fourth broadcast network in the US and established Fox News as a dominant force in cable news. He embedded himself in every facet of production and soon bought up more newspapers in the country. “For my entire professional life, I have been engaged daily with news and ideas, and that will not change,” Murdoch said in the memo.

The internal dynamics within the Murdoch family, particularly concerning the control of his media empire, further add to the intrigue. The ongoing legal battles over the family trust in Nevada highlight the complexities within the family. Lachlan Murdoch’s possible dominance over the family business, aligning with Rupert’s conservative values, could have significant implications for Fox News’ future direction. After the deal, Rupert also became a 39% owner of the newly formed Fox Corporation.

From lavish properties in Beverly Hills and New York City to his vineyard estate in Bel-Air, his real estate portfolio is as impressive as his media empire. In March 2019, he sold most of Fox’s movie studio, FX, and National Geographic Networks and its stake in Star India to Disney for $71.3 billion. Lachlan has since been running Fox, including its broadcast, cable news, business and sports networks. Though several of his companies are known for their conservative tilt, he initially urged rupert murdoch net worth Mike Bloomberg to run for president against Donald Trump. The 92-year-old media baron handed in  the reins of his empire to his son Lachlan Murdoch and take the role of Chairman Emeritus of the two companies. Murdoch began his career at age 21 when he inherited his father’s business.

Furthermore, his role in sensationalizing news and deepening political divides leaves a lasting shadow over his accomplishments. For many, Murdoch’s legacy remains a complex mix of innovation and controversy. Then in February 2023, Rupert picked up a full-floor, 6,500-square-foot apartment on Central Park South, which was listed for $30 million. After that, he married Wendi Deng, staying together from 1999 to 2013. Most recently, in 2016, he wed Jerry Hall, who was previously married to Mick Jagger. However, in June 2022, news broke that Rupert and Jerry were heading for a divorce.