Rupert Murdoch Net Worth – Investigating the Huge Real Estate of Murdoch!

By David Hill On Jun 9, 2024

Keith Rupert Murdoch AC KCSG is an American business magnate, investor, and media proprietor who was born in Australia. He is the proprietor of numerous local, national, and international publishing outlets worldwide, including The Sun and The Times in the United Kingdom, The Daily Telegraph, Herald Sun, and The Australian in Australia, The Wall Street Journal and the New York Post in the United States, HarperCollins, and the television broadcasting channels Sky News Australia and Fox News (through the Fox Corporation), through his company News Corp.

Additionally, he was the proprietor of Sky (until 2018), 21st Century Fox (until 2019), and the now-defunct News of the World. Murdoch is the 71st wealthiest individual in the world and the 31st wealthiest individual in the United States, as reported by Forbes magazine, with a net worth of US$21.7 billion as of 2 March 2022.

What are Rupert Murdoch’s Net Worth and Salary?

Rupert Murdoch, an Australian-born media mogul, made his fortune as the creator of News Corporation. Rupert Murdoch’s net wealth is $19 billion. Despite being born in Australia, Murdoch became a US citizen in 1985 and later relinquished his Australian citizenship.

Rupert is now a highly important individual in the United States and around the world, owning some of the most well-known publishing companies. These include Fox News, The Wall Street Journal, The Daily Telegraph, The Times, Sky News Australia, HarperCollins, and many others.

Murdoch began his career as the owner of a tiny newspaper in Adelaide, but later expanded and focused primarily on overseas markets, particularly the United States. In 1985, he surrendered his Australian citizenship and became a naturalized US citizen for economic reasons.

Divorce Settlement of Anna Murdoch

In 2013, Rupert and Anna divorced after thirty years of marriage, and he awarded her a $1.7 billion divorce settlement. Rupert married Wendi Deng seventeen days after the divorce was formalized.

Real Estate Owned by Rupert Murdoch

Rupert Murdoch’s son, James Murdoch, acquired a $30 million Beverly Hills residence through a sale in 2015. The property boasts 11 bedrooms and covers an area of 8,651 square feet. Before selling the property to his son for $5 million less, he had previously listed it on the open market for $35 million. James was quoted as stating that he desired to preserve the historical integrity of the residence as he contemplated future renovations, and the property was constructed in the 1920s.

Despite the fact that Rupert appeared to operate under the “cover” of numerous enigmatic corporations, it is widely assumed that he acquired three units in the Porter House building in New York City’s meatpacking district. The total cost of these three units was $12.85 million, which was acquired between 2012 and 2014.

These units were subsequently listed collectively for a total price of $22 million at one stage. Murdoch also possesses a 12,000-square-foot Georgian townhouse on the Upper East Side of New York, which he acquired for $23 million in 2011.

Murdoch acquired two condominium units in the One Madison condominium tower in New York City for $58 million in 2014. In March 2022, he offered these units for sale at a price of $78 million. They are not currently combined; however, they could be combined with the building’s consent. One of the two units is a triplex that occupies the 58th and 60th floors and boasts an interior area of 7,000 square feet.

The second unit, which he listed separately or at $16 million, Murdoch’s real estate portfolio is vast and formidable. He spent $28.8 million on a 16-acre vineyard estate in Bel-Air, Los Angeles, in 2013. The estate boasts a 7,500 square foot main home that includes three bedrooms and four and a half bathrooms.

A two-bedroom guesthouse and a 4,400 square foot office space are also present in addition to the main home. The office facility was previously utilized as the winery sales office by the previous owners of Moraga Vineyards, which is a functioning vineyard. The compound is completed by a substantial wine cave.

He expanded his real estate portfolio in New York by purchasing a 6,850-square-foot quadruplex penthouse in the One Madison Building one year later. Rupert paid $57.25 million to finalize the acquisition of this structure, which is situated immediately adjacent to Madison Square Park.

Rupert purchased a 340,000-acre ranch in Montana in December 2021 for $200 million. The ranch had been possessed by members of the Koch family for decades. It was the largest ranch sale in Montana’s history, both in terms of price and acreage, at the time of the purchase. Beaverhead Ranch is the name of the property, which extends over 50 miles from north to south across two counties. A number of permanent ranch employees reside in the two dozen residences on the property.

Rupert acquired a 6,500 square foot apartment on Central Park South’s entire floor in February 2023, which had been advertised for $30 million. The estate of the late hedge fund manager Julian Robertson was the purchaser.