Categories: News

Lachlan Murdoch Net Worth: The Man Behind The Media Empire

Lachlan Murdoch, the oldest child of media magnate Rupert Murdoch and his ex-wife Anna Maria, was born on September 8, 1971, in London, England.

Lachlan Murdoch Net Worth: Lachlan Murdoch, a major media figure, has a staggering net worth that accurately represents his significant role in the journalism and entertainment sectors. Lachlan Murdoch, Rupert Murdoch’s oldest son, has continued and built upon a major family history.

Over the course of a multidecade career, he has held significant positions at News Corporation and 21st Century Fox, and has amassed wealth through media investments, television networks, and literary endeavours. Thanks to his astute commercial acumen and strategic vision, Lachlan is now among the most well-known and affluent figures in the media conglomerate sector.

Lachlan Murdoch Net Worth

Lachlan Murdoch is extraordinarily wealthy with a net worth of $2.7 billion. He didn’t just inherit his wealth; through NOVA Entertainment and significant responsibilities at News Corp. and Fox Corporation, he worked hard to build it. After Rupert Murdoch departed his positions at Fox Corporation and News Corp in 2023, Lachlan gained prominence as one of the most influential personalities in the media.

Name Lachlan Murdoch
Net Worth(2023) $2.7 Billion Dollars
Profession British-Australian Businessman and Mass Media Heir
Date of Birth 8 September 1971
Age 51 years old
Height 172 cm (5 feet 8 inches)
Weight 75 kg (165 lbs)
Birth place London, United Kingdom
Nationality Australian, British

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The Early Life and Education

Lachlan Murdoch, the oldest child of media magnate Rupert Murdoch and his ex-wife Anna Maria, was born on September 8, 1971, in London, England. He was reared in New York City and his father owned the New York Post.

As a young student, Murdoch attended the Aspen Country Day School in Colorado, the Trinity School in New York City, and the Phillips Academy in Andover, Massachusetts. He pursued higher study at Princeton University, where in 1994 he received a bachelor’s degree in philosophy.

Real Name Lachlan Murdoch
Nick Name Lachlan Murdoch
Date of birth 8 September 1971
Age 51 years old
Height 172 cm (5 feet 8 inches)
Weight 75 kg (165 lbs)
Birth Place London, United Kingdom
Gender Male
Profession British-Australian Businessman and Mass Media Heir
Religion NA
Nationality Australian, British
Eye Colour Brown
Hair Colour Black
Education Princeton University (BA)
Zodiac Sign Virgo
Sexual Orientation Straight
Kids/Children Name Kalan Alexander Murdoch, Aerin Elisabeth Murdoch, Aidan Patrick Murdoch
Parents Keith Rupert Murdoch, Anna Murdoch Mann
Spouse Sarah Murdoch (m. 1999)

Lachlan Murdoch Wife and Children

Lachlan Murdoch married the model Sarah O’Hare in 1999 on a farm in Cavan Station, New South Wales, 15 miles south of Yass. Sarah’s attire as Lachlan’s bride was fashioned by Australian fashion designer Collette Dinnigan, who was present at the ceremony.

The celebration was also attended by the kids of Carol and Patrick O’Hare, Lachlan and Rupert Murdoch, and Anna and Rupert. Baz Luhrmann, a film director, was also present.

Lachlan and Sarah have three children: daughters Aerin Elisabeth and Kalan Alexander, sons Aidan Patrick, and. In 2021, the family relocated from Los Angeles to Sydney.

Lachlan Murdoch New Corporation

In 1989, Murdoch’s father brought him to Australia for a three-month training programme for the Daily Mirror. In the early 1990s, he was appointed general manager of Queensland Newspapers and Australian publisher.

In 1995, Murdoch was appointed deputy CEO of News Limited, and in 1996, he was named executive director of News Corp. From 1999 to 2000, he served as Senior Executive Vice President and Deputy Chief Operating Officer of News Corp. Murdoch was in charge of News Corp.’s large investment in One.

Tel, a failure. Later, he made significant investments in the REA Group, which rose to become Australia’s top online real estate advertising company. At News Corp., Murdoch served as board member of Foxtel and chairman of the Fox television stations.

In the summer of 2005, Murdoch abruptly left News Corp, confusing his father and derailing his father’s succession plans. Roger Ailes, the CEO of Fox News Channel, acquired control of News Corp’s television networks.

Early in 2014, Murdoch was appointed non-executive co-chairman of News Corp. and 21st Century Fox. The following year, he was named executive chairman of 21st Century Fox. After Disney acquired Fox Corporation in 2019, Murdoch took over as its chairman and CEO.

Rupert and Lachlan share the same political views as James, in contrast. James resigned from the board in 2020 “due to disagreements over certain editorial content published by the Company’s news outlets and certain other strategic decisions.”

According to The Daily Beast, Lachlan, who is often reticent to the media, indicated in a vehement speech last year that he is even more conservative than his father. He was named in the slander lawsuit against Dominion Voting Systems, which cost $1.6 billion to file and was settled by Fox earlier this year for $787.5 million.

What Will Happen to Fox News?

On Thursday, the companies announced that Lachlan Murdoch, the media tycoon Rupert Murdoch’s eldest son, had been named the sole chairman of News Corp and would continue to serve as the chair and CEO of Fox Corp. This temporarily put an end to the succession issue in one of the biggest media conglomerates in the world.

In Australia, the United States, and the United Kingdom, the younger Murdoch will be in command of significant news organisations like Fox Sports, Fox Entertainment, the Wall Street Journal, Fox News, and the Sun.

In his 2016 autobiography Making Headlines, The Australian’s longstanding editor Chris Mitchell wrote, “Lachlan’s conservatism is more vigorous than that of any Australian politician” and that his opinions were typically more liberal than those of his father.

According to the New York Times, Lachlan Murdoch avoids discussing his politics in public. It wouldn’t be fair to classify him as a conservative, said Fox, who also described it as “just speculation.”

When Dominion Voting Systems filed a lawsuit against Fox, the voting technology company claimed Fox misled about its voting devices to placate Trump supporters, Fox’s commitment to those viewers became a heated topic. In April, Fox reached a settlement with the plaintiffs for $787.5 million, preventing Lachlan and his father from testifying.

After the settlement, Lachlan disclosed that Fox had resumed covering newsworthy events and had recommitted to its programming strategy.

While Lachlan’s legacy is still developing, Rupert Murdoch established his legacy by pursuing television, films, and newspapers with equal zeal. In investor calls, he becomes animated while discussing Tubi, an ad-supported streaming company that the company acquired for $440 million in 2020 and is now worth $3 billion.

Lachlan Murdoch Achievement

  1. Co-founder of the investment firm Illyria Pty Ltd.
  2. Chairman and CEO of the Australian division of News Corp, News Limited.
  3. Co-chairman of 21st Century Fox.
  4. Executive chairman of News Corp.
  5. Executive chairman and CEO of Fox Corporation.
  6. Instrumental in the sale of 21st Century Fox to Disney for $71.3 billion.
  7. Successful completion of the launch of Fox News International in 2021.
  8. Member of the board of trustees for the Gagosian Gallery Foundation.
  9. Member of the board of directors of the Sydney Children’s Hospitals Foundation.
  10. Recipient of numerous awards, including the Anti-Defamation League’s International Leadership Award in 2019.
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