Rupert Murdoch is Executive Chairman of News Corp and Co-Chairman of Fox Corporation, two of the most recognized and influential media companies in the world.
Mr. Murdoch has been Executive Chairman of News Corp since 2013, when News Corporation separated into two distinct, publicly traded companies, News Corp and 21st Century Fox. He was Executive Chairman of 21st Century Fox from 2015 until the closing of the merger of 21st Century Fox and The Walt Disney Company in March 2019.
In 1954, Mr. Murdoch took control of News Limited, an Australian-based public corporation whose only key asset at the time was a majority interest in the number-two daily newspaper in Adelaide, South Australia. Since News Corporation’s inception in 1979, Mr. Murdoch served as CEO and Chairman, and oversaw the expansion and development of the Company into an international media business.
In 1960, News Corporation acquired the Daily Mirror in Sydney and, in 1964, launched a national newspaper, The Australian. In 1969, the Company ventured into the United Kingdom and later purchased The Sun newspaper.
In the 1980s, News Corporation purchased the UK newspapers The Times and The Sunday Times, and HarperCollins Publishers, today one of the world’s largest and most digitally advanced book publishers. In 2007, the Company acquired Dow Jones & Company, including The Wall Street Journal.
News Corporation purchased Twentieth Century Fox Film Corporation in 1985 and the studio subsequently produced many award-winning films, including the two top-grossing films of all time: Titanic and Avatar. The following year, the Company created the Fox Television Stations group, which was the foundation for the launch of FOX Broadcasting Company and FOX Sports.
FOX was the leading television network in the U.S. for a record eight consecutive years. In October 1996, News Corporation launched the FOX News Channel — the undisputed leader in 24-hour news service. The Company also successfully established some of the U.S. and the world’s most popular cable networks, including Fox Sports Network, FX and the National Geographic Channels.
In 2012, News Corporation further expanded its footprint in Australia through its acquisition of media investment company Consolidated Media Holdings. News Corp Australia is now a majority shareholder of Foxtel/FOX SPORTS Australia, the largest pay-TV provider in Australia, and owns and operates Sky News Australia, a 24-hour multi-channel, multi-platform news service.
Also in Australia, News Corp owns the majority interest in digital real estate company REA Group, operator of the country’s leading property websites, and of iProperty Group, which owns a number of leading property portals in Asia. In 2014, News Corp completed acquisition of Move, Inc., operator of realtor.com®, a leading provider of online real estate services.
Mr. Murdoch has been awarded the Companion of the Order of Australia (A.C.) for services to the media and to newspaper publishing in particular. He and his family have been closely involved with, and made generous contributions to, various educational, cultural, and medical charitable organizations throughout the United States, United Kingdom, Australia, Asia and Israel.
What is Keith Rupert Murdoch's net worth?
The estimated net worth of Keith Rupert Murdoch is at least $3.22 million as of September 15th, 2023. Mr. Murdoch owns 128,964 shares of News stock worth more than $3,216,362 as of April 26th. This net worth estimate does not reflect any other investments that Mr. Murdoch may own. Learn More about Keith Rupert Murdoch's net worth.
How do I contact Keith Rupert Murdoch?
Has Keith Rupert Murdoch been buying or selling shares of News?
Keith Rupert Murdoch has not been actively trading shares of News in the last ninety days. Most recently, Keith Rupert Murdoch sold 1,000,000 shares of the business's stock in a transaction on Tuesday, December 7th. The shares were sold at an average price of $21.79, for a transaction totalling $21,790,000.00. Learn More on Keith Rupert Murdoch's trading history.
Who are News' active insiders?
Are insiders buying or selling shares of News?
In the last year, insiders at the sold shares 3 times. They sold a total of 251,966 shares worth more than $5,285,379.96. The most recent insider tranaction occured on August, 15th when General Counsel David B Pitofsky sold 58,000 shares worth more than $1,216,840.00. Insiders at News own 13.7% of the company.
Learn More about insider trades at News. Information on this page was last updated on 8/15/2023.
