Rupert Murdoch net worth 2024: how rich is the media mogul?

Just how much is Rupert Murdoch worth? Learn more about Rupert’s income, investments, and how Rupert Murdoch made his fortune.
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Updated: Apr 18, 2024
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What is Rupert Murdoch’s net worth?

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Currently, Rupert Murdoch’s net worth in 2024 is estimated at $19.7 billion. Here are some more personal stats about Rupert Murdoch.

Stats
Net worth:$21.7 billion (as of March 2022)*
Profession:Media Mogul, Business Magnate
Source of wealth:Media holdings (News Corp, Fox Corporation), Investments
Date of birth:March 11, 1931
Gender:Male
Place of birth:Melbourne, Australia
Education:B.A., Philosophy, Politics & Economics, Worcester College, Oxford University
Nationality:Australian (naturalized American citizen)

Visit our archives to find more about the net worth of various celebrities and financial professionals.

Who is Rupert Murdoch?

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Keith Rupert Murdoch is an Australian-born American media mogul and billionaire. 

He’s known for founding the global media empires, News Corporation and Fox Corporation.  Murdoch is a controversial and influential figure, whose news outlets often shape public opinion and political discourse.

Murdoch has been married four times and has six children. His children play significant roles within his media companies. He currently resides in the United States.

How did Rupert Murdoch become rich?

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Rupert Murdoch built his fortune by strategically acquiring and expanding newspapers and media outlets. 

He inherited a small Australian newspaper from his father and grew it into a major player. Murdoch’s expansion was often ruthless, characterized by aggressive takeovers and strong editorial control. 

He successfully expanded into British and American markets, establishing a truly global media presence by acquiring titles like The Sun, Fox,  and the Wall Street Journal.

What makes up Rupert Murdoch’s fortune?

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Rupert Murdoch’s vast wealth primarily comes from his ownership stakes in his media holdings. 

News Corporation includes newspapers in Australia,  the UK, and the US,  and publishing ventures.  Fox Corporation oversees Fox News, Fox broadcast networks, and various entertainment assets.  

Murdoch also likely has investments in real estate, stocks, and other ventures.

What companies does Rupert Murdoch own?

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Rupert Murdoch exerts control over a complex network of companies, while the structure changes periodically:

  • News Corporation: Owns The Wall Street Journal, The Sun (UK), The Times (UK), newspapers in Australia, and the book publisher HarperCollins.
  • Fox Corporation: Oversees Fox News, Fox broadcast network, Fox Sports, and local TV stations.

Rupert Murdoch net worth growth over the years 

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Rupert Murdoch’s annual income and financial position has fluctuated over the years. Here’s a look at how much Rupert Murdoch has been worth over the last twenty five years.

YearRupert Murdoch net worth
2024$21.7 billion
2023$20-23 billion
2022$19-22 billion
2021$16-20 billion
2020$18-20 billion
2019$19-21 billion
2018$15-18 billion
2017$12-16 billion
2016$11-15 billion
2015$10-14 billion
2014$12-14 billion
2013$13-15 billion
2012$9-12 billion
2011$8-11 billion
2010$6-8 billion
2009$5-7 billion
2008$4-6 billion
2007$4-6 billion
2006$3-5 billion
2005$3-5 billion
2004$2.5-4 billion
2003$2-3.5 billion
2002$1.5-3 billion
2001$1-2 billion
2000$400 million – $1 billion

What is Rupert Murdoch’s salary in 2024?

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Rupert Murdoch’s salary varies due to company  performance. As Chairman and CEO of News Corporation and Executive Chairman of Fox Corporation, he likely earns a significant multi-million dollar base salary.

How much money does Rupert Murdoch earn per year?

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Rupert Murdoch’s annual income fluctuates. His earnings come mainly from compensation packages, potential bonuses, stock options, and dividends from News Corp and Fox Corp holdings. 

These likely amount to tens or even hundreds of millions of dollars in a strong year.

How does Rupert Murdoch spend his/her money?

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Rupert Murdoch has purchased lavish real estate properties worldwide, including a winery in California and a grand residence in London. 

He also owns a large yacht. Murdoch is known to entertain politicians and celebrities, potentially spending on cultivating influence. 

Some of his wealth likely goes to philanthropic causes and investments to fuel continued growth of his empire.

Key takeaways about Rupert Murdoch, career highlights

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Here are some of the highs and lows of Rupert Murdoch’s career so far.

  • 1952: Inherits a small Australian newspaper from his father.
  • 1960s: Begins acquiring newspapers in Australia and the UK, including The Sun.
  • 1970s-80s: Launches the New York Post, acquires major British papers, establishes a robust media presence.
  • 1985: Becomes a naturalized US citizen to facilitate media expansion.
  • 1986: Launches the Fox Broadcasting Company
  • 1996: Launches Fox News Channel
  • 2013: Splits his empire into News Corporation and 21st Century Fox (later Fox Corporation).
  • 2019: Sells major entertainment assets of Fox to Disney.

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.