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Rupert Murdoch is an Australian-born media mogul and the founder, chairman, and CEO of News Corporation, one of the world's largest media conglomerates. He is the father of James Murdoch, who was the CEO of 21st Century Fox from 2015 to 2019. Murdoch is one of the most influential figures in the media industry, with a net worth estimated at $19.2 billion.
Murdoch began his career in Australia in 1952, when he inherited two newspapers from his father. He quickly expanded his media empire, buying up newspapers, radio stations, and television networks in Australia, the United Kingdom, and the United States. In 1985, he acquired the 20th Century Fox film studio, and in 1989, he purchased the Fox Broadcasting Company. In 1996, he launched the Fox News Channel, which quickly became the most-watched cable news network in the United States.
Murdoch has been a controversial figure in the media industry, with critics accusing him of using his media outlets to promote his own political views. He has also been criticized for his handling of the phone hacking scandal at News of the World, a British tabloid owned by News Corporation.
Despite his controversies, Murdoch has been widely praised for his business acumen and his ability to spot trends in the media industry. He has been credited with transforming the media landscape and ushering in a new era of media consolidation. He has also been recognized for his philanthropic work, donating millions of dollars to various charities and causes.