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Rupert Murdoch

Rupert Murdoch

Born 1931 · Age 94

Australian‑American media magnate who built News Corporation into a global media empire spanning newspapers, book publishing, film and television; founder of News Corp and architect of Fox network/News Corp/21st Century Fox/Fox Corporation.

Total Events
58
Career Span
94 years
Peak Net Worth
$21,700,000,000

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Life & Career Timeline

1931Age 0

Born in Melbourne, Australia

Keith Rupert Murdoch born in Melbourne, Victoria, Australia, son of Sir Keith Arthur Murdoch and Elisabeth Greene.

3/11/1931Source
Confidence
99%
1949Age 18

Completes education at Geelong Grammar School

Attended and was active in school publications (co-editor The Corian, editor of If Revived).

1/1/1949Source
Confidence
85%
1952Age 21

Father Keith Murdoch dies; inherits family papers

Sir Keith Arthur Murdoch died; Rupert returned to take charge of his father's Adelaide newspapers and News Limited interests.

1/1/1952Source
Confidence
95%
1953Age 22

Graduated Worcester College, Oxford (PPE)

Studied philosophy, politics and economics at Worcester College, Oxford; active in student publications.

1/1/1953Source
Confidence
90%
1953Age 22

Sub‑editor at Daily Express (London)

Worked for about two years at the Daily Express as a sub‑editor, gaining practical tabloid journalism experience.

1/1/1953Source
Confidence
90%
1954Age 23

Takes control of The News (Adelaide)

Returned to Australia and took over running The News, converting it into a highly successful tabloid style paper.

1/1/1954Net Worth: $500,000Source
Confidence
40%
1956Age 25

Acquired Sunday Times (Perth)

Purchased the troubled Sunday Times in Perth and applied Murdoch's tabloid formula.

1/1/1956Source
Confidence
90%
1960Age 29

Acquired The Daily Mirror (Sydney)

Bought the Sydney afternoon tabloid The Daily Mirror (part of wider acquisitions in New South Wales).

1/1/1960Source
Confidence
90%
1964Age 32

Took controlling interest in The Dominion (NZ)

Launched a surprise counter‑bid and gained control of Wellington's The Dominion newspaper in New Zealand.

1/1/1964Source
Confidence
88%
1964Age 33

Launched The Australian (national daily)

Founded The Australian, the country's first national daily newspaper (initially based in Canberra, later Sydney).

1/1/1964Net Worth: $5,000,000Source
Confidence
60%
1968Age 37

Expands to UK: Buys News of the World

Entered the British market with acquisition of News of the World (sources place this 1968–1969).

1/1/1968Net Worth: $50,000,000Source
Confidence
70%
1969Age 38

Acquired The Sun (London)

Bought The Sun and transformed it into a mass‑market tabloid, introducing Page 3 and sensational content.

1/1/1969Net Worth: $60,000,000Source
Confidence
70%
1973Age 42

First US acquisition: San Antonio dailies

Purchased the San Antonio Express and San Antonio News, first significant US newspaper purchases.

1/1/1973Net Worth: $75,000,000Source
Confidence
60%
1974Age 43

Moves to New York City; launches Star tabloid

Relocated to New York to expand US interests and started the national tabloid Star.

1/1/1974Net Worth: $90,000,000Source
Confidence
60%
1976Age 45

Acquired New York Post

Purchased the New York Post and converted it into a competitive New York tabloid.

1/1/1976Net Worth: $120,000,000Source
Confidence
60%
1979Age 48

Founded News Corporation (News Corp)

Established News Corporation as the holding company for his global media assets.

1/1/1979Net Worth: $250,000,000Source
Confidence
70%
1981Age 50

Acquired The Times and The Sunday Times (London)

Purchased the British broadsheets, marking Murdoch's first major broadsheet ownership in the UK.

1/1/1981Net Worth: $400,000,000Source
Confidence
80%
1984Age 53

Awarded Companion of the Order of Australia (AC)

Appointed AC for services to publishing.

1/1/1984Net Worth: $800,000,000Source
Confidence
70%
1985Age 54

Acquired Twentieth Century Fox (partial then full)

Purchased an interest in Twentieth Century Fox (sources cite purchases in 1985; CNN cites ~$600M purchase from Marvin Davis).

1/1/1985Net Worth: $1,500,000,000Source
Confidence
80%
1985Age 54

Naturalized as United States citizen

Became a naturalized U.S. citizen (4 Sep 1985), relinquishing Australian citizenship to meet US TV ownership rules.

9/4/1985Net Worth: $1,000,000,000Source
Confidence
75%
1986Age 55

Launches Fox Broadcasting Company (Fox network)

Purchased several Metromedia TV stations and launched the Fox Broadcasting Company (network founded 9 Oct 1986).

1/1/1986Net Worth: $1,800,000,000Source
Confidence
85%
1986Age 55

Wapping printing consolidation and print union dispute

Consolidated British printing operations in Wapping; led to mass dismissals and a bitter industrial dispute with unions.

1/1/1986Net Worth: $1,800,000,000Source
Confidence
90%
1987Age 56

Wapping settlement accepted by dismissed workers (£60M)

After industrial action, dismissed workers accepted a settlement of £60 million in 1987.

1/1/1987Net Worth: $1,700,000,000Source
Confidence
90%
1987Age 56

Acquired Herald and Weekly Times (Australia)

Purchased the Melbourne-based Herald and Weekly Times, the major Australian publisher once run by his father.

1/1/1987Net Worth: $1,600,000,000Source
Confidence
85%
1989Age 58

Launches Sky Television (UK)

Founded Sky Television (four‑channel satellite service) in the UK, later merging with BSB to form BSkyB.

1/1/1989Net Worth: $2,000,000,000Source
Confidence
85%
1990Age 59

Merged Sky Television with BSB to form BSkyB

Merged the two satellite services in 1990 to create British Sky Broadcasting (BSkyB), a dominant pay‑TV operator.

1/1/1990Net Worth: $2,100,000,000Source
Confidence
85%
1990Age 59

Consolidated publishing into HarperCollins

Merged Harper & Row and other publishing businesses (late 1980s) into HarperCollins (operation consolidated by 1990).

1/1/1990Net Worth: $2,200,000,000Source
Confidence
80%
1993Age 62

Fox Network gains NFL NFC rights

Fox acquired exclusive coverage of the NFL's NFC from CBS, greatly boosting the network's profile and revenue.

1/1/1993Net Worth: $3,000,000,000Source
Confidence
80%
1993Age 62

Reacquired New York Post

Bought back the New York Post (had sold it earlier), returning it to News Corp ownership.

1/1/1993Net Worth: $3,000,000,000Source
Confidence
80%
1996Age 65

Launches Fox News Channel

Established Fox News Channel as a 24‑hour cable news network (launched 1996), later a dominant cable news brand.

1/1/1996Net Worth: $3,500,000,000Source
Confidence
90%
1998Age 67

Attempted purchase of Manchester United (£625M offer)

Made an offer of £625 million for Manchester United F.C.; the attempt failed after regulatory/competition objections.

1/1/1998Net Worth: $4,000,000,000Source
Confidence
85%
1998Age 67

Bought Los Angeles Dodgers (ownership period begins)

Acquired the Los Angeles Dodgers baseball team (owned 1998–2004).

1/1/1998Net Worth: $3,800,000,000Source
Confidence
80%
1999Age 68

Acquired controlling share in Mushroom Records (Australia)

Expanded music holdings by buying Michael Gudinski's Mushroom Records and merging with Festival Records to form Festival Mushroom Records.

1/1/1999Net Worth: $3,900,000,000Source
Confidence
75%
2000Age 69

News Corporation: >800 companies in 50+ countries

By 2000, News Corp owned over 800 companies in more than 50 countries; company net worth stated as more than $5 billion.

1/1/2000Net Worth: $5,000,000,000Source
Confidence
80%
2004Age 73

Shifted News Corporation domicile to United States

Announced move of News Corp headquarters/incorporation from Australia to the U.S. to attract American investors.

1/1/2004Net Worth: $6,000,000,000Source
Confidence
70%
2005Age 74

Acquired Intermix Media (MySpace) for ~ $580M

News Corp bought Intermix Media, owner of social network MySpace, in 2005 (purchase widely reported at ~$580M).

1/1/2005Net Worth: $6,500,000,000Source
Confidence
90%
2007Age 76

Acquired Dow Jones & The Wall Street Journal ($5B)

News Corporation purchased Dow Jones & Company, publisher of The Wall Street Journal, for about $5 billion in 2007.

1/1/2007Net Worth: $9,000,000,000Source
Confidence
90%
2011Age 80

Sold MySpace at a large loss ($35M exit)

News Corp sold MySpace in 2011 for about $35 million, a dramatic loss against the 2005 purchase price.

1/1/2011Net Worth: $8,600,000,000Source
Confidence
90%
2011Age 80

News of the World phone‑hacking scandal and closure

Allegations of phone hacking emerged; News of the World published its final edition (10 July 2011); widespread investigations followed.

7/1/2011Net Worth: $9,000,000,000Source
Confidence
90%
2011Age 80

Apologised to Milly Dowler family in person

Met family of murdered teen Milly Dowler and personally apologised for hacking of their daughter's voicemail by News of the World staff.

7/15/2011Net Worth: $9,000,000,000Source
Confidence
95%
2011Age 80

Testified before UK Parliament (Culture, Media & Sport Committee)

Rupert and son James Murdoch testified about phone‑hacking allegations; Rupert called it "the most humble day of my life."

7/19/2011Net Worth: $9,000,000,000Source
Confidence
95%
2012Age 81

Announced plan to split News Corp into two companies

News Corporation announced plans to separate publishing businesses from media/entertainment assets (event led to 2013 restructuring).

6/28/2012Net Worth: $9,000,000,000Source
Confidence
90%
2012Age 81

Resigned as director of News International

Resigned from the News International directorship amid ongoing phone‑hacking and political scandal inquiries.

7/21/2012Net Worth: $9,000,000,000Source
Confidence
90%
2013Age 82

Reorganized into 21st Century Fox and new News Corp (split complete)

Completed corporate split: 21st Century Fox (entertainment) and News Corp (publishing) created; Murdoch served leadership roles in both.

1/1/2013Net Worth: $11,000,000,000Source
Confidence
85%
2015Age 84

Transition to co‑chair roles at 21st Century Fox

Began sharing leadership at 21st Century Fox (executive co‑chairman role alongside his son Lachlan, and handed more responsibilities to James earlier in 2015).

1/1/2015Net Worth: $12,000,000,000Source
Confidence
70%
2016Age 85

Assumed role as acting CEO/chairman of Fox News

After Roger Ailes resigned amid sexual‑harassment allegations, Murdoch briefly assumed leadership control of Fox News and Fox Business.

7/1/2016Net Worth: $12,500,000,000Source
Confidence
80%
2017Age 86

Disney announces acquisition of most 21st Century Fox assets ($52.4B)

The Walt Disney Company agreed to buy the bulk of 21st Century Fox assets in an all‑stock deal valued at about $52.4 billion.

12/14/2017Net Worth: $16,000,000,000Source
Confidence
90%
2018Age 87

Comcast outbids Fox for Sky; Murdoch sells 39% stake in Sky to Comcast

Following regulatory processes and a blind auction, Comcast won control of Sky; Murdoch sold his 39% stake in Sky to Comcast.

1/1/2018Net Worth: $15,500,000,000Source
Confidence
85%
2019Age 88

Sale/closeout of Disney deal; 21st Century Fox largely divested

Most of 21st Century Fox's assets were folded into Disney (deal closed in early 2019); remaining properties formed Fox Corporation.

1/1/2019Net Worth: $15,000,000,000Source
Confidence
85%
2021Age 90

Purchased Beaverhead Ranch in Montana (> $200M)

Purchased Beaverhead Ranch (500‑square‑mile cattle/ranch property) reportedly for over $200 million.

12/9/2021Net Worth: $17,000,000,000Source
Confidence
80%
2022Age 91

Net worth reported at US$21.7 billion (Forbes)

Forbes reported Rupert Murdoch's net worth as approximately US$21.7 billion (2 March 2022), ranking him among the richest in the US/world.

3/2/2022Net Worth: $21,700,000,000Source
Confidence
95%
2023Age 91

Deposed in Dominion Voting Systems litigation (Fox News)

Rupert Murdoch was deposed in Dominion Voting Systems' lawsuit over Fox News coverage of the 2020 US election (Jan 19–20, 2023).

1/1/2023Net Worth: $17,000,000,000Source
Confidence
70%
2023Age 92

Fox News settles Dominion lawsuit ($787.5M)

Fox agreed to pay $787.5 million to settle Dominion Voting Systems' defamation lawsuit in April 2023; Murdoch remained a central figure in corporate response.

4/1/2023Net Worth: $16,500,000,000Source
Confidence
85%
2023Age 92

Announced stepping down as chairman of Fox Corp. and News Corp.

Announced he would step down as chairman (effective November) and assume role of chairman emeritus; named son Lachlan Murdoch sole chairman.

9/21/2023Net Worth: $17,100,000,000Source
Confidence
80%
2024Age 93

Family trust legal challenge (three children contest proposed amendment)

As of Sept 2024, three children (Elisabeth, Prudence, James) challenged Murdoch's bid to amend the family trust to concentrate control with eldest son Lachlan.

1/1/2024Net Worth: $18,000,000,000Source
Confidence
70%
2024Age 93

Married Elena Zhukova (fifth marriage)

Reportedly married Elena Zhukova in June 2024 (news reported by major outlets).

6/1/2024Net Worth: $18,000,000,000Source
Confidence
60%
2024Age 93

Nevada probate commissioner rules Murdoch cannot amend family trust

A Nevada probate commissioner ruled in Dec 2024 that Murdoch could not amend his family trust to transfer additional control to his chosen successor (reported Dec 2024).

12/1/2024Net Worth: $17,500,000,000Source
Confidence
65%
2025Age 94

Continuing public scrutiny over political influence and media bias

Longstanding criticisms and analyses continued linking Murdoch's media outlets to right‑wing bias and significant political influence in multiple countries.

1/1/2025Net Worth: $17,000,000,000Source
Confidence
60%

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