How Much Is Alex Murdoch Worth In 2023?

Introduction

Alex Murdoch is a well-known media mogul and businessman. He is the founder and CEO of News Corp, one of the largest media companies in the world. With his extensive career in media, many people are curious about his net worth. In this article, we will take a closer look at his current net worth and how he accumulated his wealth.

Early Life and Education

Alex Murdoch was born on March 11, 1952, in Melbourne, Australia. His father was a well-known journalist, and his mother was a philanthropist. Murdoch attended Geelong Grammar School and later went on to study philosophy, politics, and economics at Worcester College, Oxford.

Career and Wealth

After his studies, Murdoch started working for his father’s media company, News Limited. He quickly rose through the ranks and eventually took over the company in 1980. He then went on to acquire other media companies, including Twentieth Century Fox and The Wall Street Journal. As of 2023, Alex Murdoch’s net worth is estimated to be around $20 billion. This makes him one of the richest media moguls in the world. His wealth comes from his extensive media holdings, which include newspapers, television networks, and movie studios.

News Corp

News Corp is the cornerstone of Alex Murdoch’s media empire. The company owns several major newspapers, including The Sun, The Times, and The New York Post. It also owns several television networks, including Fox News, Sky News Australia, and National Geographic.

Twentieth Century Fox

In 1985, Alex Murdoch acquired Twentieth Century Fox. The movie studio has produced several blockbuster films over the years, including the Star Wars and X-Men franchises. In 2019, Murdoch sold Twentieth Century Fox to Disney for $71.3 billion.

The Wall Street Journal

In 2007, Alex Murdoch acquired The Wall Street Journal. The newspaper is one of the most respected financial publications in the world. Under Murdoch’s ownership, The Wall Street Journal has expanded its online presence and launched several new digital products.

Philanthropy

Alex Murdoch is also known for his philanthropic efforts. He has donated millions of dollars to various causes, including education, healthcare, and the arts. In 2021, he donated $100 million to Yale University to establish a new institute for the study of human cognition.

Personal Life

Alex Murdoch has been married four times and has six children. He is known for his lavish lifestyle and has owned several high-end properties over the years, including a $44 million penthouse in New York City.

Conclusion

In conclusion, Alex Murdoch is one of the wealthiest media moguls in the world, with a net worth of around $20 billion. He has built his wealth through his extensive media holdings, which include newspapers, television networks, and movie studios. Murdoch is also known for his philanthropic efforts and has donated millions of dollars to various causes. Despite his wealth and success, he has faced his fair share of controversies over the years.