At 93 years old, Rupert Murdoch remains one of the most powerful figures in global media, with an estimated net worth of $19 billion. As the mastermind behind News Corporation, 21st Century Fox, and Fox News, Murdoch has shaped the modern media landscape, influencing journalism, politics, and entertainment. His vast empire spans newspapers, television networks, film studios, and digital media, making him one of the most influential business magnates of all time.
How Did Rupert Murdoch Build His Media Empire?
Rupert Murdoch was born on March 11, 1931, in Melbourne, Australia, into a family with a strong journalism background. His father, Sir Keith Murdoch, owned multiple Australian newspapers, and after his passing in 1952, Rupert took over the family business, transforming a small regional newspaper company into a global media empire.
His journey to dominance included:
- Expanding News Corporation in Australia – Acquiring and consolidating newspapers.
- Entering the UK Market – Purchasing The Sun and The Times, revolutionizing British media.
- Breaking Into the U.S. – Acquiring New York Post, The Wall Street Journal, and launching Fox News.
- Hollywood Expansion – Buying 20th Century Fox, making him a major player in film and television.
- Digital Media Investments – Acquiring MySpace, streaming platforms, and online publications.
What Are Rupert Murdoch’s Most Valuable Media Assets?
Murdoch’s wealth comes from his control over some of the world’s most influential media outlets, including:
- Fox News – The most-watched news channel in the U.S.
- The Wall Street Journal – One of the world’s leading financial newspapers.
- The Sun & The Times (UK) – Highly influential British publications.
- The New York Post – A major conservative tabloid.
- HarperCollins – One of the world’s largest publishing houses.
- Fox Corporation – Owner of Fox Sports, Fox Entertainment, and Fox Television.
His media empire has played a crucial role in politics and public opinion, making him a kingmaker in elections and policy decisions across multiple countries.
How Did the Disney-Fox Deal Impact Murdoch’s Fortune?
In 2019, Disney acquired 21st Century Fox for $71.3 billion, marking one of the biggest deals in media history. Murdoch’s family trust received $12 billion in Disney stock and cash, significantly increasing his fortune. However, he retained control of:
- Fox News
- Fox Sports
- Fox Broadcasting
This move allowed Murdoch to focus on live news and sports, which remain some of the most profitable segments in television.
How Has Rupert Murdoch’s Net Worth Grown Over the Years?
Murdoch’s wealth has fluctuated due to media acquisitions, stock market shifts, and business sales. His net worth over the years:
- 2010 – $6.3 billion
- 2015 – $13 billion
- 2019 – $19 billion (Disney-Fox deal boost)
- 2023 – $17 billion
- 2025 – $19 billion
Despite economic downturns and changing media trends, Murdoch has maintained his financial dominance through strategic investments.
What Is Rupert Murdoch’s Real Estate Portfolio?
Murdoch owns a luxurious real estate portfolio worth over $300 million, including:
- Chartwell Estate (Los Angeles) – $150 million – One of the most expensive homes in California.
- New York City Penthouse – $30 million – A lavish property in Manhattan.
- Montana Ranch – $200 million – A massive estate covering 340,000 acres.
- London Townhouse – $15 million – Located in one of the city’s wealthiest neighborhoods.
His properties reflect his ultra-luxurious lifestyle and global influence.
How Has Murdoch Influenced Politics?
Murdoch has wielded immense political power through his media outlets, influencing elections in the U.S., UK, and Australia. His media empire has been instrumental in:
- Supporting Conservative Leaders – Backing politicians like Donald Trump, Boris Johnson, and Tony Abbott.
- Shaping Public Opinion – Using Fox News and newspapers to control political narratives.
- Brexit Influence – The Sun played a key role in the UK’s decision to leave the EU.
His media empire’s political clout has often sparked controversy, lawsuits, and government investigations.
What Scandals Have Affected Rupert Murdoch’s Legacy?
Despite his success, Murdoch has been involved in multiple scandals:
- Phone Hacking Scandal (2011) – News of the World journalists illegally accessed voicemails, leading to the paper’s closure.
- Sexual Harassment Cases at Fox News – High-profile cases involving Roger Ailes and Bill O’Reilly.
- Misinformation on Fox News – Accusations of spreading false political narratives.
These controversies have damaged his reputation but not his financial power.
Who Will Inherit Rupert Murdoch’s Empire?
Murdoch’s six children are expected to inherit his fortune and media assets. The main contenders for leadership are:
- Lachlan Murdoch – Currently CEO of Fox Corporation, seen as the most likely successor.
- James Murdoch – Previously worked in the family business but has distanced himself.
- Elisabeth Murdoch – A media executive with a strong business background.
The succession battle over Murdoch’s empire is expected to be one of the biggest power struggles in media history.
What’s Next for Rupert Murdoch in 2025?
Despite stepping down as CEO of Fox Corporation in 2023, Murdoch still holds significant influence as Chairman Emeritus. In 2025, he is expected to:
- Expand digital media investments
- Focus on live news and sports
- Influence global politics through media ownership
- Manage succession planning for his empire
Even in his 90s, Rupert Murdoch remains a dominant force in global media.
What Is Rupert Murdoch’s Lasting Legacy?
Rupert Murdoch has transformed modern journalism, controlling some of the most powerful media outlets in the world. Whether seen as a media visionary or a controversial mogul, his influence on politics, business, and society is undeniable.
With a $19 billion net worth, an empire that spans the globe, and a lasting impact on journalism, Rupert Murdoch’s legacy will be debated for generations to come.