Lachlan Murdoch Net Worth

June 2024 · 4 minute read
Net WorthSalaryBirthdateBirthplaceGenderHeightProfessionNationality
$2.7 billionN/ASeptember 8, 1971London, EnglandMaleN/ABusinessman, Media HeirAustralian, British, American

Table of Contents

What is Lachlan Murdoch’s Net Worth?

Lachlan Murdoch, the eldest son of media magnate Rupert Murdoch, has an estimated net worth of $2.7 billion. As a prominent businessman and mass media heir, Lachlan Murdoch has achieved significant financial success through his involvement in various media companies and investment ventures.

Highlights

– Lachlan Murdoch has a net worth of $2.7 billion.

– He serves as the co-chairman of News Corp and the executive chairman and CEO of Fox Corporation.

– He is the founder of the investment company Illyria Pty and owns NOVA Entertainment.

– Lachlan Murdoch was born on September 8, 1971, in London, England.

– He graduated from Princeton University in 1994 with a bachelor’s degree in philosophy.

Early Life

Lachlan Murdoch was born on September 8, 1971, in London, England, as the eldest son of media magnate Rupert Murdoch and his ex-wife Anna Maria. He was raised in New York City, where his father owned the New York Post. Murdoch received his early education at the Aspen Country Day School in Colorado, Trinity School in New York City, and Phillips Academy in Andover, Massachusetts. He went on to pursue higher education at Princeton University, graduating in 1994 with a bachelor’s degree in philosophy.

Career

Throughout his career, Lachlan Murdoch has held various positions within News Corp, the global media conglomerate founded by his father. He served as the deputy CEO of News Limited and executive director of News Corp. Murdoch played a key role in leading News Corp’s investments, including the startup telecommunications company One.Tel and the REA Group, Australia’s market leader in online real estate advertising. He also served on the board of Foxtel and was the chairman of Fox television stations.

In 2005, Lachlan Murdoch abruptly resigned from News Corp, leaving his father and causing uncertainty regarding succession plans. However, he returned to the company in 2014 and took on leadership roles within both News Corp and 21st Century Fox. After the acquisition of 21st Century Fox by Disney in 2019, Murdoch became the chairman and CEO of Fox Corporation. He has also founded the investment company Illyria Pty, through which he owns NOVA Entertainment.

Personal Life

In 1999, Lachlan Murdoch married British-Australian model and actress Sarah O’Hare. They have two sons named Kalan and Aidan, as well as a daughter named Aerin. Murdoch and his wife have made notable real estate investments, including the purchase of a mansion in Bellevue Hill, Sydney, and an equestrian property in Aspen, Colorado. In 2019, he made headlines by acquiring a 10-acre estate in Bel-Air for $150 million, which was the most expensive home purchased in California at the time.

Net Worth Over Time

Lachlan Murdoch’s net worth has experienced significant fluctuations over time due to his involvement in various businesses and investments. As a media heir and business executive, his net worth has been influenced by the success of companies such as News Corp and Fox Corporation, as well as his personal investments through Illyria Pty. While his net worth is currently estimated at $2.7 billion, it is subject to market fluctuations and changes in the performance of his assets.

Components of Net Worth

Lachlan Murdoch’s net worth primarily consists of his ownership stakes in News Corp and Fox Corporation, which have substantial market value. Additionally, his ownership of Illyria Pty and NOVA Entertainment contributes to his net worth. Other factors influencing his net worth include his real estate holdings and personal investments in various ventures. Murdoch’s net worth is a culmination of his successful career in the media industry and astute investment decisions.

Disclaimer: All net worths are calculated using data drawn from public sources. While we strive to ensure accuracy, net worths are estimates and may vary. We welcome corrections and feedback regarding any inaccuracies.

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