Rupert Murdoch
Keith Rupert Murdoch AC KCSG (/ˈmɜːrdɒk/ MUR-dok; born 11 March 1931) is an Australian-born American business magnate, investor, and media proprietor.[2][3] Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including in the UK (The Sun and The Times), in Australia (The Daily Telegraph, Herald Sun, and The Australian), in the US (The Wall Street Journal and the New York Post), book publisher HarperCollins, and the television broadcasting channels Sky News Australia and Fox News (through the Fox Corporation). He was also the owner of Sky (until 2018), 21st Century Fox (until 2019), and the now-defunct News of the World. With a net worth of US$21.7 billion as of 2 March 2022, Murdoch is the 31st richest person in the United States and the 71st richest in the world according to Forbes magazine.[4]
Rupert Murdoch
- Australia (until 1985)[a]
- United States (from 1985)
- Businessman
- investor
- media proprietor
1952−2023
- Chairman and CEO of News Corporation (1980–2013)
- Executive chairman of News Corp (2013–2023)
- Chairman and CEO of 21st Century Fox (2013–2015)
- Executive co-chairman of 21st Century Fox (2015–2019)
- Acting CEO of Fox News (2016–2018)
- Chairman of Fox News (2016–2019)
- Chairman of Fox Corporation (2019–2023)
Companion of the Order of Australia (1984)[1]
After his father Keith Murdoch died in 1952, Murdoch took over the running of The News, a small Adelaide newspaper owned by his father. In the 1950s and 1960s, Murdoch acquired a number of newspapers in Australia and New Zealand before expanding into the United Kingdom in 1969, taking over the News of the World, followed closely by The Sun. In 1974, Murdoch moved to New York City, to expand into the US market; however, he retained interests in Australia and the UK. In 1981, Murdoch bought The Times, his first British broadsheet, and, in 1985, became a naturalized US citizen, giving up his Australian citizenship, to satisfy the legal requirement for US television network ownership.[5] In 1986, keen to adopt newer electronic publishing technologies, Murdoch consolidated his UK printing operations in London, causing bitter industrial disputes. His holding company News Corporation acquired Twentieth Century Fox (1985), HarperCollins (1989),[6] and The Wall Street Journal (2007). Murdoch formed the British broadcaster BSkyB in 1990 and, during the 1990s, expanded into Asian networks and South American television. By 2000, Murdoch's News Corporation owned more than 800 companies in more than 50 countries, with a net worth of more than $5 billion.[7]
In July 2011, Murdoch faced allegations that his companies, including the News of the World, owned by News Corporation, had been regularly hacking the phones of celebrities, royalty, and public citizens. Murdoch faced police and government investigations into bribery and corruption by the British government and FBI investigations in the US.[8][9] On 21 July 2012, Murdoch resigned as a director of News International.[10][11] In September 2023, Murdoch announced he would be stepping down as chairman of Fox Corp. and News Corp.[12] Many of Murdoch's papers and television channels have been accused of biased and misleading coverage to support his business interests[13][14][15] and political allies,[16][17][18] and some have linked his influence with major political developments in the UK, US, and Australia.[16][19][20]
Early life and education
Keith Rupert Murdoch was born on 11 March 1931 in Melbourne, Victoria, the second of four children of Sir Keith Murdoch (1885–1952) and Dame Elisabeth (née Greene; 1909–2012).[21][22]: 9 He is of English, Irish, and Scottish ancestry. His parents were also born in Melbourne. His father was a war correspondent and later a regional newspaper magnate, owning two newspapers in Adelaide, South Australia, and a radio station in a remote mining town, and chairman of the Herald and Weekly Times publishing company.[5][23]: 16 [24] Murdoch had three sisters: Helen (1929–2004), Anne (born 1935) and Janet (born 1939).[25]: 47 His Scottish-born paternal grandfather, Patrick John Murdoch, was a Presbyterian minister.[26]
He attended Geelong Grammar School,[27] where he was co-editor of the school's official journal The Corian and editor of the student journal If Revived.[28][29]
Murdoch studied philosophy, politics and economics at Worcester College, Oxford, in England, where he kept a bust of Lenin in his rooms and came to be known as "Red Rupert". He was a member of the Oxford University Labour Party,[23]: 34 [30] stood for secretary of the Labour Club[31] and managed Oxford Student Publications Limited, the publishing house of Cherwell.[32]
After his father's death from cancer in 1952, his mother did charity work as life governor of the Royal Women's Hospital in Melbourne and established the Murdoch Children's Research Institute; at the age of 102 (in 2011), she had 74 descendants.[33]
While his father was alive, he worked part-time at the Melbourne Herald and was groomed by his father to take over the family business.[5][30] After his father's death, Rupert began working as a sub-editor with the Daily Express for two years.[5]
Activities in Europe
Murdoch owns a controlling interest in Sky Italia, a satellite television provider in Italy.[160] Murdoch's business interests in Italy have been a source of contention since they began.[160] In 2010 Murdoch won a media dispute with then Italian Prime Minister Silvio Berlusconi. A judge ruled the then Prime Minister's media arm Mediaset prevented News Corporation's Italian unit, Sky Italia, from buying advertisements on its television networks.[161]
Activities in Asia
In November 1986, News Corporation purchased a 35% stake in the South China Morning Post group for about US$105 million. At that time, SCMP group was a stock-listed company, and was owned by HSBC, Hutchison Whampoa and Dow Jones & Company.[162] In December 1986, Dow Jones & Company offered News Corporation to sell about 19% of share it owned of SCMP for US$57.2 million,[163] and, by 1987, News Corporation completed the full takeover.[164] In September 1993, News Corporation have agreed to sell a 34.9% share in SCMP to Robert Kuok's Kerry Media for US$349 million.[165] In 1994, News Corporation sold the remaining 15.1% share in SCMP to MUI Group, disposing the Hong Kong newspaper.[166]
In June 1993, News Corporation attempted to acquire a 22% share in TVB, a terrestrial television broadcaster in Hong Kong, for about $237 million,[167] but Murdoch's company gave up, as the Hong Kong government would not relax the regulation regarding foreign ownership of broadcasting companies.[168]
In 1993, News Corporation acquired Star TV (renamed as Star in 2001), a Hong Kong company headed by Richard Li,[168] from Hutchison Whampoa for $1 billion (Souchou, 2000:28), and subsequently set up offices for it throughout Asia. The deal enabled News International to broadcast from Hong Kong to India, China, Japan, and over thirty other countries in Asia, becoming one of the biggest satellite television networks in the east;[5] however, the deal did not work out as Murdoch had planned because the Chinese government placed restrictions on it that prevented it from reaching most of China.
In 2009, News Corporation reorganised Star; a few of these arrangements were that the original company's operations in East Asia, Southeast Asia and the Middle East were integrated into Fox International Channels, and Star India was spun-off (but still within News Corporation).[169][170][171]
Personal life
Residence
In 2003, Murdoch bought "Rosehearty", an 11 bedroom home on a 5-acre waterfront estate in Centre Island, New York.[172] In May 2013, he purchased the Moraga Estate, an estate, vineyard and winery in Bel Air, Los Angeles, California.[173][174][175] In 2019, Murdoch and his new wife Jerry Hall purchased Holmwood, an 18th-century house and estate in the English village of Binfield Heath, some 4 miles (6.4 km) north-east of Reading.[176]
In late 2020, during the COVID-19 pandemic, it was reported that Murdoch and Hall had been isolating in their Binfield Heath home for much of the year. He received his first COVID-19 vaccine in nearby Henley-on-Thames on 16 December.[177]
In the arts and media
Film and television
In 1999, the Ted Turner-owned TBS channel aired an original sitcom, The Chimp Channel. This featured an all-simian cast and the role of an Australian TV veteran named Harry Waller. The character is described as "a self-made gazillionaire with business interests in all sorts of fields. He owns newspapers, hotel chains, sports franchises and genetic technologies, as well as everyone's favourite cable TV channel, The Chimp Channel". Waller is thought to be a parody of Murdoch, a long-time rival of Turner.[213]
In 2004, the movie Outfoxed: Rupert Murdoch's War on Journalism included many interviews accusing Fox News of pressuring reporters to report only one side of news stories, in order to influence viewers' political opinions.[214]
In 2012, the satirical telemovie Hacks broadcast on the UK's Channel 4, made obvious comparisons with Murdoch using the fictional character "Stanhope Feast", portrayed by Michael Kitchen, as well as other central figures in the phone hacking scandal.[215][216]
The 2013 film Anchorman 2: The Legend Continues features an Australian character inspired by Rupert Murdoch who owns a cable news television channel.[217][218]
Murdoch was part of the inspiration for Logan Roy, the protagonist of TV show Succession (2018–2023), who is portrayed by Brian Cox.[219]
Murdoch has also been played by the following people in films and TV series: