He is the 71st richest in the world
(Picture: PA)Media mogal Rupert Murdoch has become one of the richest in the world.
He owns hundreds of media outlets across the globe, including the likes of The Sun and The Times through his media company News Corp.
He clearly has a love for business, and famously said, “Money is not the motivating force. It’s nice to have money, but I don’t live high. What I enjoy is running the business”.
He also owns Twentieth Century Fox, Fox News, Sky News Australia and publisher HarperCollins.
But how exactly did he get to where he is now and what is his net worth?
How did Rupert Murdoch make his money and what is his net worth?
Rupert Murdoch, 91, was born in Melbourne in 1931 before becoming a US citizen in 1985. When he was 22, his father died, and he inherited the family business. He was first tasked with running The News, a small Adelaide newspaper. 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.
According to Forbes, his fortune currently stands at a huge $19.1 billion (£15.6 billion), making him the 31st richest person in the United States and the 71st richest in the world.
What are the companies Rupert Murdoch currently owns under News Corp?
News Corp Australia
That includes the likes of Fox Sports Australia, Nickelodeon (a joint venture with Paramount Global), and Sky News Australia.
News UK
Including some of the UK’s biggest radio stations, such as talkSPORT and Virgin Radio which fall under Wireless Group. He also owns a number of newspapers and magazines under News UK, including The Sun, The Times and The Sunday Times.
Harper Collins
The list includes 4th Estate, Collins, Ecco Press, Harlequin Enterprises, Harper Perennial, Harper Voyager and more.
