Rupert Murdoch has proven to be a transformative and prescient entrepreneur, business leader, visionary and dealmaker across every medium of the media industry throughout his nearly 70 year career. Mr. Murdoch currently serves as Chairman Emeritus of both Fox Corporation and News Corp., two of the most recognized and influential media companies in the world. Mr. Murdoch previously served as Chair of Fox Corporation from March 2019 to November 2023 and Executive Chair of News Corp. from 2013 to 2023. Mr. Murdoch was Executive Chairman of 21st Century Fox, one of the leading portfolios of cable, broadcast, film, pay TV and satellite assets, from 2015 to the closing of the merger of 21st Century Fox and The Walt Disney Company in March 2019. Mr. Murdoch served as CEO of 21st Century Fox from its inception as News Corporation in 1979 until 2015 and as its Chairman from 1991 to 2015.
Rupert Murdoch’s passion for the news media business was sparked by the legacy of his father, Sir Keith Murdoch, chairman of The Herald and Weekly Times and head of News Limited, an Australian-based public corporation.
He inherited his father’s interests in the Adelaide newspaper The News in 1952, becoming publisher and a member of the board of News Limited the following year. In 1954, Mr. Murdoch took control of News Limited and embarked on a path that would redefine the media landscape. His entrepreneurial instinct led Mr. Murdoch to expand his interests into the growing medium of television. His company founded the Southern Television Corporation and pushed its newly licensed Channel 9 to be first to air in 1959 in South Australia.
Global expansion under his leadership began as News Limited bought the Sydney-based Daily Mirror and Sunday Mirror in 1960, which was followed by the launch of The Australian, Australia’s first national newspaper, in 1964. The Company gained control of the U.K.’s News of the World and The Sun in 1969 and subsequently acquired several publications in the U.S. including the New York Post, New York Magazine and The Village Voice.
In 1980, News Corporation was established as a holding company to consolidate international operations of its growing roster of newspapers, magazines and television assets. The Company’s growth continued with the purchase of The Times (London) and The Sunday Times in 1981 and in 1983 Murdoch’s News International became the majority owner of Satellite Television, the first satellite-to-cable channel in Europe. News Corp also made its foray into book publishing with an investment in Collins in 1981 and then Harper & Row in 1987, which were then merged in 1990 to create HarperCollins.
In 1985, Mr. Murdoch significantly expanded his interests in the film and television industry when he took ownership of Twentieth Century Fox as well as a number of regional television stations in some of the top U.S. markets.
The following year, the FOX Television Stations group was created, comprised of 25 stations across the U.S. that became the foundation for the launch of FOX Broadcasting Company in 1986. This historical development would not only reshape network television, but pave the way for the groundbreaking NFL broadcasting rights deal that served as the launch pad for FOX Sports, which just kicked off its 30th season. By 1996, the FOX network was the top-ranked television group in the country, a position it held for a record eight consecutive years, thanks to such defining programming as “In Living Color,” “Married with Children,” “The X-Files,” and “The Simpsons” which is now in its 35th season on the network.
FOX News Channel – now the undisputed leader in 24-hour news service for over twenty years – made its debut in October 1996. FOX also successfully established globally renowned cable networks, including FOX Sports Network, FX and the National Geographic Channels.
Murdoch launched Sky Television in the United Kingdom in 1988 and expanded the offering with the launch of Sky News in 1989, as the first 24-hour news television channel in Britain. In 1992, Sky acquired the rights to the Premier League, in an upstart deal that put Sky Sports in a league of their own.
News Corporation simultaneously grew its cable business outside of the U.S. with the establishment of Foxtel in Australia in 1995 and cable news channel Sky News Australia in 1996.
In 2007, Mr. Murdoch led News Corporation’s acquisition of Dow Jones, including The Wall Street Journal in a landmark deal.
Mr. Murdoch oversaw the continued expansion and development of the Company and in June 2013, established 21st Century Fox as a stand-alone international media and entertainment company and News Corp as a global company comprised of distinguished brands across a range of media, including news and information services and book publishing. The acquisition of Move, Inc., operator of Realtor.com®, in 2014, leveraged News Corp’s existing majority investment of REA Group Limited’s real estate and digital expertise.
In 2019, led by Mr. Murdoch, Fox Corporation was launched as a standalone, publicly traded company following the separation of 21st Century Fox in a deal that yet again redefined the U.S. media landscape. As Fox Corporation, the company produces and distributes content through some of the world’s leading and most valued brands, including FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations and Tubi Media Group.
In recognition of his storied career, 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. In 2014, he was inducted into the Television Academy Hall of Fame. 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 and Israel.
What is Keith Rupert Murdoch's net worth?
The estimated net worth of Keith Rupert Murdoch is at least $65.60 million as of February 21st, 2025. Mr. Murdoch owns 1,200,862 shares of FOX stock worth more than $65,597,087 as of March 25th. This net worth evaluation does not reflect any other assets that Mr. Murdoch may own. Additionally, Mr. Murdoch receives an annual salary of $10,800,000.00 as Chairman at FOX. Learn More about Keith Rupert Murdoch's net worth.
How old is Keith Rupert Murdoch?
Mr. Murdoch is currently 53 years old. There are 5 older executives and no younger executives at FOX. The oldest executive at FOX is Mr. John P. Nallen, Chief Operating Officer, who is 67 years old. Learn More on Keith Rupert Murdoch's age.
What is Keith Rupert Murdoch's salary?
As the Chairman of Fox Co., Mr. Murdoch earns $10,800,000.00 per year. The highest earning executive at FOX is Mr. Viet D. Dinh, Special Advisor, who commands a salary of $27,330,000.00 per year. Learn More on Keith Rupert Murdoch's salary.
How do I contact Keith Rupert Murdoch?
Has Keith Rupert Murdoch been buying or selling shares of FOX?
Within the last three months, Keith Rupert Murdoch has sold $3,083,860.00 in FOX stock. Most recently, Keith Rupert Murdoch sold 58,000 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $53.17, for a transaction totalling $3,083,860.00. Following the completion of the sale, the chairman now directly owns 1,200,862 shares of the company's stock, valued at $63,849,832.54. Learn More on Keith Rupert Murdoch's trading history.
Who are FOX's active insiders?
Are insiders buying or selling shares of FOX?
During the last twelve months, FOX insiders bought shares 1 times. They purchased a total of 119,705 shares worth more than $4,675,677.30. During the last twelve months, insiders at the sold shares 8 times. They sold a total of 624,680 shares worth more than $27,469,887.57. The most recent insider tranaction occured on February, 21st when Chairman Keith Rupert Murdoch sold 58,000 shares worth more than $3,083,860.00. Insiders at FOX own 21.8% of the company.
Learn More about insider trades at FOX. Information on this page was last updated on 2/21/2025.
