CEO Today Top 50 – Rupert Murdoch

Rupert Murdoch - CEO Today Top 50
Photo - David Shankbone

CEO Top 50

Name: Rupert Murdoch

Net worth: Approx. $20 billion

Company: News Corp

Bio: Rupert Murdoch created his own private company, News Limited, after his father’s death in 1952. This followed his refusal to join his late father’s public company, giving Murdoch full control as Chairman and CEO of global media company News Corporation, which is now the second largest media conglomerate in the world with its successors, News Corp and 21st Century Fox.

Former Australian Prime Minister Tony Abbott said that Murdoch “arguably has had more impact on the wider world than any other living Australian” in 2015.

Murdoch was named CEO of Fox News after the resignation of Roger Ailes in 2016 due to accusations of sexual harassment. That year, Forbes ranked Rupert Murdoch & Family 35th on their list of most powerful people in the world.

CEO Fact: In December 2017, Murdoch restructured 21st Century Fox in a $66 billion deal with Disney, who bought the majority of the business. Murdoch asserted that the move would initiate new business opportunities.

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