For decades, Rupert Murdoch has been a pivotal figure in the media world, leading Fox Corporation and News Corporation, which encompass various notable outlets like the Wall Street Journal, the New York Post, and Fox News.
Although he stepped down as chairman of both organizations in November, Murdoch continues to hold the title of chairman emeritus.
The Rise of a Multimedia Empire
Murdoch’s enterprises began in the 1950s with a single local newspaper in Australia. Today, his influence extends across a vast multimedia empire, incorporating television, online platforms, film, and print.
Controversies and Influence
At 93, Murdoch presides over countless publishing outlets globally, ranking among the wealthiest and most influential personalities. His relentless pursuit of exclusive stories has driven impressive sales, albeit accompanied by controversies, notably the UK phone hacking scandal of 2011.
“Murdoch is the most ruthless businessman in world history,” stated Roger Stone, political strategist and ally of former US President Donald Trump.
Family Dynamics
Murdoch has experienced five marriages and has fathered six children. His strategy of fostering competition among his offspring to determine his successor is widely regarded as the inspiration behind the acclaimed HBO series “Succession.”
“I just want them to be happy. I hope to be able to leave them a great opportunity like my father left me,” Murdoch expressed.