About Rupert Murdoch
Keith Rupert Murdoch is an Australian and American former business magnate, investor, and media mogul. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including in the United Kingdom, in Australia, in the United States, book publisher HarperCollins, and the television broadcasting channels Sky News Australia and Fox News. He was also the owner of Sky, 21st Century Fox, and the now-defunct News of the World. With a net worth of US$21.7 billion as of 2 March 2022, Murdoch is the 31st richest person in the United States and the 71st richest in the world according to Forbes magazine. Due to his extensive wealth and influence over media and politics, Murdoch has been described as an oligarch. Murdoch's first foray outside Australia involved the purchase of a controlling interest in the New Zealand daily The Dominion. Later in 1964, Murdoch launched The Australian, Australia's first national daily newspaper, which was based first in Canberra and later in Sydney. However, it was Comcast who won control of BSkyB in a blind auction ordered by the CMA. In 1981, Murdoch bought The Times, his first British broadsheet, and, in 1985, became a naturalized American citizen, giving up his Australian citizenship, to satisfy the legal requirement for American television network ownership.
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