Billionaire Profile
R
Global Rank
#107

Image: Eaton, Arthur Wentworth Hamilton, 1849-1937 | Public domain | via Wikimedia Commons

Rupert Murdoch & family

CEO, Newspapers
UNITED STATES
Real-Time Net Worth
$22.728B
Estimated based on Newspapers stock value as of March 6, 2026
+0.13% (24h)
Age
94
Source
Newspapers, TV network
Industry
Media & Entertainment
Citizenship
UNITED STATES

Biography

Rupert Murdoch, a prominent figure in the media-entertainment industry, has built a vast empire centered around newspapers and television networks. His career, marked by strategic acquisitions and a keen understanding of media trends, has resulted in a net worth of approximately $24.8 billion. Born in Australia, Murdoch's legacy includes founding media giants such as Fox News and News Corp. His influence extends globally, though his career has also been marked by controversies.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Keith Rupert Murdoch was born on March 11, 1931, in Melbourne, Victoria, Australia. He is the son of Sir Keith Arthur Murdoch, a war correspondent and regional newspaper magnate. Murdoch attended Geelong Grammar School and Worcester College, Oxford, where he studied philosophy, politics, and economics.

Rise to Success

Murdoch's career began in Australia, where he inherited a newspaper at the age of 22 after his father's death. He quickly expanded his media holdings, acquiring newspapers in Australia and New Zealand before entering the UK market in 1969 with the purchase of News of the World and The Sun. In 1974, he moved to New York City, expanding his influence in the American market. Key acquisitions include The Wall Street Journal and the New York Post.

Key Business Strategies

Murdoch's strategies have included acquiring struggling media outlets and transforming them into profitable ventures. He is known for his ability to adapt to changing media landscapes and embrace new technologies. He launched Fox News Channel in 1996, which quickly became a dominant force in cable news.

Philanthropy

Rupert Murdoch and his family have been involved with and made contributions to various educational, cultural, and medical charitable organizations throughout the United States, United Kingdom, and Australia.

Career Milestones

1952

Inherited News Corp Australia

Took over the management of News Corp Australia after his father's death.

1969

Entered UK Market

Acquired News of the World and The Sun.

1974

Expanded into US Market

Moved to New York City to expand into the American market.

1986

Founded Fox News

Established Fox News Channel.

2023

Stepped down as Chairman

Stepped down as Chairman of Fox Corp and News Corp in September 2023.

Philanthropy & Social Impact

Multiple

Various Educational, Cultural, and Medical Charities

Undisclosed

Rupert Murdoch and his family have made generous contributions to these organizations.

Business Philosophy & Leadership

Notable Quotes

"My outlook, energy, self-assurance and sense of social purpose were fashioned in the slightly mad meritocracy that is the newsroom, where you start each day on your knees, trying to get a story."

Leadership Principles

Adaptability

Murdoch has shown a remarkable ability to adapt to changing media landscapes and embrace new technologies.

Strategic Acquisitions

He is known for acquiring struggling media outlets and transforming them into profitable ventures.

Risk-Taking

Murdoch is recognized for his commercial savvy and calculated risk-taking.

Controversies & Challenges

2011

News of the World Phone Hacking Scandal

News of the World was involved in illegal phone tapping of celebrities, politicians, and crime victims.

2016

Fox News Sexual Harassment Scandal

Several high-ranking figures at Fox News were accused of sexual misconduct.