Business tycoon Keith Rupert Murdoch was born in Australia but raised in the United States. He founded (1979) the global media holding company News Corporation Ltd., commonly referred to as “News Corp.” Let’s check out this article to read more about Rupert Murdoch.
How Many Companies Does Rupert Own?
His company, News Corp owns a wide variety of media outlets on a global scale including newspapers in the United Kingdom (The Sun and The Times), Australia (The Daily Telegraph, Herald Sun and The Australian), the United States (The Wall Street Journal and The New York Post).
He is the owner of two publishing houses HarperCollins and the television networks Sky News Australia and Fox News. In addition to the defunct News of the World, he owned Sky (until 2018), 21st Century and Fox News (until 2019).
Murdoch is the 71st wealthiest person in the world with a net worth of US$21.7 billion as of 2 March 2022, placing him at number 31 on the list of the wealthiest people in the United States.
Sir Keith Murdoch is his father and Dame Elisabeth is his mother. Keith Rupert Murdoch was born in Melbourne. He has ancestry from the United Kingdom, Ireland, and Scotland.
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What Activities Rupert Murdoch did in his life?
Murdoch returned from Oxford at age 21 to take over the family business after his father died. After his father sold his share of the Herald to pay taxes in 1923, he was left with News Limited. Sir John McEwen, the leader of the Australian Country Party (now called the National Party of Australia), allied with the Menzies-Holt-Gorton Liberal Party, with whom Murdoch found common political ground.
From the very first issue, Murdoch sided with McEwen on every contentious issue between the long-time coalition partners. From the front page of the first issue of The Australian, published on July 15, 1964: Strain in Cabinet, Liberal-CP row flares. It was an issue that could have caused a rift in the coalition government, giving the more powerful Australian Labor Party a chance to take control of the country.
For McEwen, it was the start of a successful long-term campaign. Murdoch first entered the British newspaper market in 1968 when he purchased the populist News of the World, and a year later he bought the financially troubled daily The Sun from IPC. The Sun was redesigned by Murdoch as a tabloid to save money and allow the two papers to share a printing press.
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