Rupert Murdoch is a big name in the media world. As of 2024, his net worth is a whopping $19.8 billion. He made most of his money from his media businesses and smart deals over the years. Let’s dive into how he built his fortune and what he owns.
Key Takeaways
- Rupert Murdoch net worth in 2024 is estimated to be $19.8 billion.
- He owns significant shares in News Corp and Fox Corp, valued at over $130 million.
- Murdoch’s wealth has grown from $13.7 billion in 2014 to $19.8 billion in 2024.
- His fortune comes from media outlets like Fox News and The Wall Street Journal.
- Murdoch has made several key acquisitions, including the Disney and Sky deals.
Rupert Murdoch Profile Summary
Category: Richest Businessman › CEO
Full Name: Keith Rupert Murdoch
Net Worth: $19 Billion
Birthdate: Mar 11, 1931 (93 years old)
Birthplace: Melbourne
Gender: Male
Profession: Businessperson, Entrepreneur
Nationality: American
Rupert Murdoch Net Worth in 2024
Rupert Murdoch’s net worth in 2024 is a hot topic, especially given his long-standing influence in the media world. As of this year, his fortune is estimated to be around USD 19.8 billion. This figure is a testament to his ability to strike profitable deals and grow his media empire over the decades. It’s fascinating to see how his wealth has evolved over time, especially when compared to previous years. For instance, back in 2014, his wealth was estimated at USD 13.7 billion.
This significant increase highlights the successful ventures and strategic decisions he’s made. Several factors have influenced his wealth, including his stakes in major companies like News Corp and Fox Corp. It’s also interesting to note the Murdoch family net worth, which includes contributions from his children, like Lachlan Murdoch. So, when people ask, “How much is Murdoch family worth?”, it’s clear that the combined assets and investments make them one of the wealthiest families in the media industry.
How Rupert Murdoch Built His Fortune
Rupert Murdoch, the 93-year-old media tycoon, spent the past 70 years building a global media empire that gave him influence in journalism, politics, and pop culture. Despite shelling out millions in his divorces, his thriving news businesses have made him a billionaire. From being called the real-life Logan Roy (of Succession) to being a formidable cultural persona, here’s breaking down the massive net worth of Rupert Murdoch, his high-profile marriages, and more.
Major Assets Owned by Rupert Murdoch
Rupert Murdoch has a lot of valuable stuff. He owns many media outlets like Fox News, The Times of London, and The Wall Street Journal. These are some of the biggest names in news. He also has a lot of real estate holdings. From fancy homes to big office buildings, Murdoch’s properties are worth a lot. But that’s not all. He has other investments too. These include stakes in different companies and other ventures. Even though he has spent a lot on divorces, his businesses keep making him richer. So, what companies does Rupert Murdoch own? A lot, and they are all very important in the media world.
Rupert Murdoch’s Role in News Corp and Fox Corp
Rupert Murdoch’s personal life has always been a hot topic, especially his marriages and divorces. His first marriage was to Patricia Booker in 1956 when he was just 25. Patricia was a model and flight attendant. After their divorce, he married Anna Mann, a journalist, in 1967. This marriage lasted for over three decades before ending in 1999. Shortly after, he married Wendi Deng, a businesswoman, in 1999. This marriage also ended in divorce in 2013. His fourth marriage was to Jerry Hall, a former model, in 2016, but they divorced in 2022.
Shortly after his fourth divorce, his personal life once again became a topic of discussion after it was announced that he was set to marry Ann Lesley Smith, a former model and San Francisco police chaplain. However, much to everyone’s surprise, the wedding was called off weeks after its announcement in April 2023, soon after which he met his now wife Elena Zhukova. Murdoch is now married (again!) to a new woman, Elena Zhukova, a 67-year-old retired marine biologist and the former mother-in-law of Roman Abramovich. Her background is quite different from Murdoch’s previous wives, adding another layer of intrigue to his personal life.
Controversies and Legal Battles
In 2011, Rupert Murdoch faced serious accusations of hacking into the phones of some of the world’s most prominent celebs, including royalty and politicians. This led to investigations by both the British government and the FBI. He also faced criminal charges of corruption and bribery. This controversy forced Murdoch to step down from his role as director of News International.
Rupert Murdoch has also been involved in legal disputes with his children over control of his business empire. These disputes have sometimes turned bitter, with both sides fighting hard to protect their interests. Despite these challenges, Murdoch has managed to maintain a significant level of control over his companies.
Murdoch’s career has been marked by other controversies as well. As head of Fox Corporation, his son Lachlan Murdoch oversaw the Fox News Channel’s agreement in 2023 to pay $787.5 million to settle a lawsuit filed by Dominion Voting Systems. This was a significant event that drew a lot of public attention and criticism.
Philanthropy and Donations
Rupert Murdoch has made significant contributions to various causes over the years. His donations have supported education, medical research, and the arts. Through his charitable foundations, Murdoch has aimed to make a positive impact on society. His generosity has not only provided financial support but also brought attention to important issues. Murdoch’s philanthropic efforts reflect his commitment to giving back and making a difference in the world.
Public Perception and Influence
Rupert Murdoch is a name that sparks strong opinions. In the US, his media empire includes the Wall Street Journal, the New York Post, and Fox News. These outlets have been accused of shaping public opinion and even influencing elections. Murdoch’s reach goes beyond media, touching politics as well. Some say his business interests and political connections have played a role in major political events in the US, UK, and Australia. However, his influence in the UK has reportedly declined in recent years. Despite this, Murdoch remains a powerful figure, often seen as a conservative force in media. His ability to sway public opinion and political outcomes keeps him in the spotlight, making him a subject of both admiration and criticism.
Future Projections for Rupert Murdoch Net Worth
Rupert Murdoch’s net worth in 2024 is estimated to be around $19.5 billion. Looking ahead, several factors could influence his wealth. Potential business moves, such as new acquisitions or divestitures, could significantly impact his financial standing. Market trends in the media industry will also play a crucial role. Experts predict that if Murdoch continues to make strategic decisions, his net worth could either grow or stabilize at its current level. However, unforeseen economic shifts or changes in the media landscape could also affect his fortune.
Wrapping It Up
So, there you have it! Rupert Murdoch’s net worth in 2024 is a whopping $19.8 billion. This media mogul has built his empire over decades, making smart business moves and staying ahead of the game. From owning major news outlets to navigating the ups and downs of the media world, Murdoch’s journey is nothing short of impressive. Whether you love him or hate him, there’s no denying his impact on the media landscape. Thanks for sticking around and diving into the world of Rupert Murdoch with us!