In this success story, we are going to share Rupert Murdoch biography, an Australian-American business magnate. He is the Founder, Executive Chairman of News Corp, and Executive Co-Chairman of 21st Century Fox. His other assets include HarperCollins , Mushroom Records record label, Dow Jones information services. The full list of assets is available at NewsCorp. Murdoch always strives for domination in any sphere of business he enters, and he controls his every enterprise.

Murdoch was born Keith Rupert Murdoch, AC, KCSG, on March 11, He was born on a Cruden farm about 30 miles south of Melbourne, Australia, the first son and second child of Sir Keith Murdoch and Elisabeth Joy Greene — , daughter of Rupert Greene. She and Rupert were as close as with none of their younger sisters — Anne, who was born in , and Janet, born in A young Rupert Murdoch in his early years with his father, Sir Keith, in He also owned three local newspapers.

And he was pretty successful at his attempt — journalism captivated Keith Rupert Murdoch, who later confessed that since his young age he could never imagine his life in any other way.

Named after his father and maternal grandfather, later in life Keith Rupert chose to use the name of the latter. His grandfather, Rupert Greene, was notorious for his laziness, heavy drinking, gambling and a long list of women. A lot of people believed that he had had the biggest and the worst influence on his grandson.

Greene egged little Rupert on to driving his car when the boy could hardly reach the pedals. Rupert demonstrated commercial streak in his early teens. He caught rabbits and sold their fur. He even managed to sell horse dung to elderly farmers. Besides, from an early age he fell in love with risk taking — he used to ride his bicycle all the way to Melbourne after school to stake on another horse at another race.

At the age of seven, Rupert was sent to a school with primary military education. Elisabeth Murdoch with her husband Sir Keith, January Another person who may have had the greatest impact on Rupert Murdoch was his mother, Elisabeth Joy Greene, who is claimed to have developed his sense of independence.

She insisted that during summer holidays Rupert slept outside in a tree hut built three meters above the ground without any electricity or running water. That was supposed to make a boy healthier and tougher. Although Rupert himself never agreed that those methods had worked, he did grow up to be independent, self-reliant and capable of the victorious overcoming of any unfortunate circumstances of his life.

Self-determination and courage that helped Rupert Murdoch become a successful tycoon. And who knows what his biography would be had it not been for his parents harsh upbringing. The boy hated the school with all his heart, but his mother stood her ground hoping that the school would teach Rupert Murdoch to communicate with people and make him less selfish.

Rupert Murdoch attened Geelong Grammar School, anglican co-educational boarding school. There, having had a first gulp of real freedom, Rupert broke loose. He, later a staunch defender or free market economy, as a student was an overt admirer of socialism.

He even had a Lenin bust seating with honors in his room much later Rupert Murdoch said that Lenin was the second most important person in his life after his father. Rupert gambled the money away at card games and issued a secret newspaper. At student years, Rupert Murdoch was a bully, a wealthy man, and a communist, thus combining the qualities not very appealing to the conservative British. He tried to join the Cricket Club and failed — he was refused the membership.

Rupert Murdoch studied study politics, economics and philosophy at Worcester College, Oxford. In , he completed his Master of Arts degree. Although Sir Keith was in charge of one of the largest newspaper corporations of Australia, he did not have many shares of his own.

How rich is Rupert Murdoch? | This is Money

In the end, the family inherited two run-down newspapers in Adelaide, The Adelaide News and The Sunday Mail , and a radio station in a distant town of Broken Hill.

Rupert decided to continue his family business News Limited, and for that he needed to get some experience in the media industry. In September , Rupert Murdoch returned to Adelaide to take up the charge of his heritage. He became the chief editor of The Sunday Mail and The News, which were close to bankrupt due to their low circulation figure of just 75, copies. His amazing energy seemed to be contagious as all of a sudden all the people around him were working faster and harder trying not to fall behind this whirlwind kind of a person.

This purchase caused lots of disagreement among the board of directors of Adelaide News because Perth was located more than 1, miles away from Adelaide, which made the managing of the newspaper much more complicated.

Murdoch was determined to prove the board of directors wrong. That is why he went to Perth and rose the almost broke newspaper from rags to riches.

In Perth, he first became known as the publisher of sensations. Murdoch began to buy other small newspapers in towns all around Australia.

After correction of his goals, Murdoch became obsessed with a sensational invention in the world of entertainment — television, which in the middle of s reached Australia. He foresaw that the new technology would become an accomplished fact in mass media. The first Adelaide TV station started to function in , and Murdoch decided to buy one channel.

He bid successfully for a license for Adelaide channel 9 and went to the United States to study the internal mechanisms of the branch and buy a packet of programs for his new station. Goldenson, a television pioneer, founder and chairman of American Broadcasting Company, Inc. Goldenson had just made a deal with Disney and acquired the reputation of a magician in TV world.

The two venturesome entrepreneurs quickly found common grounds and made lots of businesses together. Goldenson, the founder and chairman of ABC Inc. Murdoch came back to Australia inspired by new thrilling perspectives that television gave him. In September , he issued that magazine and its publishing coincided with the beginning of channel 9 broadcasting. The TV channel immediately became successful and brought enough money for restless and impulsive Rupert Murdoch to be able to expand his empire with a steady speed.

The Daily Mirror became a mixture of criminal chronicles and erotic publications, which turned out to be extremely and immediately popular among the readers. Rupert Murdoch success story was rapidly developing, his business, covering newspapers, magazines and TV channels, went national in Australia. In , he acquired the Daily News and the Sunday Telegraph. They belonged to the Parker family, Australian media mogul. In , Murdoch purchased the News of the World from the Carr family.

One of his friends from college, Stephen Catto, called him one day and asked if Rupert would be interested in buying the most popular lucrative newspaper in Britain, the News of the World. Londoners themselves called this newspaper News of the Screws or Screws of the World because, despite its venerable age, this periodical was the dirtiest one in Britain.

In , News of the World became the property of Rupert Murdoch and his first foothold in the outer non-Australian world. On July 10, , the News of the World ceased publication after years in print due to the phone-hacking scandal , when editors of the News of the World newspaper were accused of engaging in phone hacking and exercising indecorous actions in the chase of stories.

Robert Maxwell, a book publisher and Member of Parliament, was eager to buy The Sun to increase his presence on Fleet Street. When he purchased it, The Sun was mostly aimed at the supporters of Labour Party and demonstrated pretensions to intellectuality. Moreover, encouraged by the rapidly growing popular taste for erotica, The Sun went beyond its competitors starting to print the pictures of topless models on the third page.

Rupert Murdoch holds one of the first copies of the Sun newspaper after acquisition. In , Murdoch bought a British company Times Newspapers, which issued The Times and The Sunday Times. At the end of s and the beginning of s, Murdoch started his conquest of British television market. Later he bought the New York Magazine, the Country Voice , and the New West. Cruden , which was jointly owned by Rupert himself, his mother, and his three sisters, controlled 40 percent of the shares of News Ltd , which in its turn regulated the work of all the enterprises in Australia.

News Ltd owned 48 percent of News International Ltd , which took charge of the British part of the business.

In , all the companies were consolidated into the worldwide News Corporation , with Rupert Murdoch becoming the General Director and the member of the board of directors.

Later, in , he also became the chairman of the board of directors. In s, Murdoch decided to enter the US television market. Since American laws forbade the foreigners to own local TV channels, in an Australian entrepreneur received American citizenship. In the same year of , Murdoch also acquired 20th Century Fox film corporation. Murdoch acquired The Herald American from Hearst Corporation, and literally saved it from being closed.

At that time, The Herald American faced declines in advertising and circulation. Later renamed it to the Boston Herald. Murdoch supported the leader of the Labor Party Gough Whitlam. In the USA since the times of the President Ronal Reagan, the propaganda for the Republicans has mostly been carried out. As critics believed, political views of the press and TV channels that belonged to Murdoch were not dictated by his personal appeals but were only determined by the interests of a business game in this or that country.

Thus, after the loss of Republicans in the US midterm elections of News Corporation has notably increased its subsidies to the needs of the Democratic Party. Murdoch regularly has lunches with presidents and monarchs. His power and influence have become equally monumental and universally impedimental to further expansion of his empire. Indeed, his power is frightening taking into account that more than thirty thousand people are employed at News Corporation that weekly issues more than sixty million copies of newspapers.

On 28 June the split officially took place. Next month they acquired a financial planning website BigDecisions. In March , News Corp invested in Indian media company VCCircle.

In , Murdoch met a lovely blonde — flight attendant Patricia Booker whom he madly fell in love with. Even though, the greatest part of their honeymoon Murdoch spent inspecting his new business purchases. In , the couple had their only child, Prudence b.

Nevertheless, family commitments could never distract Rupert from work. Rupert and Patricia were married for 11 years and they got divorced in His energy and charisma absolutely smote Anna.

When Anna turned nine years old, her family moved to Australia in pursuit of happier and better life. They were married for 31 years and on the outside their marriage looked like a perfect dream. Anna put her journalistic career to a halt firmly believing that no good can turn out of a family where both husband and wife work their fingers to the bone. As a result Anna Murdoch and Rupert Murdoch had three children: Elisabeth Murdoch who was born in Sydney, Australia on August 22, , Lachlan Murdoch who was born in London, UK on September, 08 , and James Murdoch who was born in London on December 13, Rupert would have always been a perfect husband and father was it not for one small thing — passion for incessant hard work.

Rupert Murdoch sits with his second wife Anna Murdoch Mann and their three children, left to right Elisabeth 9 , Lachlan 6 , and James 5 , on a couch, New York, Nonetheless, Anna knew what she was buying.

Rupert Murdoch Net Worth

Once Anna managed to talk her husband into going to opera, although it was entirely obvious how little Rupert cared about any art except television and the art of signing contracts and making money. Without any complaint, she changed her living places — Sydney, London, New York.

When Murdoch needed to acquire American citizenship to buy a television channel, he bought a house in Los Angeles, and all his family became an American one.

Keeping in mind that once Murdoch was fond of navigation, Anna talked him into buying a foot yacht, Morning Glory , built by Perini Navi Group and launched in This plan was aimed at distracting Rupert from his business routine at least once in a while. The maximum term that Murdoch spent on the board of his yacht was three days with the majority of time devoted to telephone communication instead of fishing and yachting.

Murdoch sold Morning Glory yacht to Italian Prime Minister Silvio Berlusconi. When Anna and Rupert broke up in , everyone was wondering how come! However, everything turned out to be much simpler. Murdoch was having an affair with a year-old Chinese-born Wendi Deng. A former model and a recent Yale graduate, Ms. Nevertheless, it was not Rupert Murdoch who decided to file in for a divorce, but his wife, who informed Rupert about her intentions.

Anna had suspicious that Murdoch had a girlfriend. In , Torv and Murdoch got separated. The Morning Glory yacht moored in New York harbor. At dawn, the yacht plied past the Statue of Liberty and took the course to the Atlantics. Six months later, Anna Torv married to William Mann, a financier. The third marriage prompted Murdoch to move from the Pacific coast to the Atlantics.

Rupert Murdoch: 'Nothing's happening at Fox News' - BBC News

Murdoch seemed to have been head over hills in love with his young wife, he was constantly in a romantic mood and his employees even started worrying when their boss came to work without a tie or in a wrinkled shirt.

However, even being so dreamy Murdoch never made any mistakes and did not lose a single penny or a business opportunity. Soon everything fell back into place. The doctors gave Murdoch the most positive forecast indicating that he only needs to change his daily routine a little. He went through a radiotherapy course. In the morning, he was ordered to drink ice-cold fruit juice with some soy-powder added.

However, Murdoch had no regrets. He claimed that he had finally understood what happiness was, and only then with his new young wife could he perceive a real family harmony. Wendi Deng, in turn, got to making her contribution to the enlargement of the Murdochs family. On November 19, , she had a baby-girl, Grace Helen born in New York, and on July 17, , she gave birth to Chloe born in New York as well.

Jerry Hall cosies up to Rupert Murdoch at ENO in London | Daily Mail Online

On June 13, , Rupert Murdoch filed for divorce at the New York State Supreme Court from Wendi Deng. Rupert Murdoch has reached the top of success because he has always been in a hurry. Due to his impatience and decisions, mostly logical, but often taken on the grounds of a simple feeling-like-it, he has built his empire over a very short time. Rupert Murdoch is a business magnate and talented entrepreneur whose company controls more than media companies.

Rupert Murdoch life story shows that all his success he achieved thanks to his persistence, hard work and, of course, thanks to his quick accumulation of assets in Australia, the UK, and the US markets. We hope you have enjoyed exploring Rupert Murdoch biography and success story of News Corp, and it has inspired you to new discoveries.

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