Lachlan Murdoch is the co-chairman of News Corp, the world’s second-largest media conglomerate. He also serves as the chairman and CEO of Fox Corporation, one of the largest media companies in the world. Lachlan Murdoch has a net worth of $20. 1 billion, making him one of the richest people in the world.
In this blog, Fidlarmusic will take an in-depth look at Lachlan Murdoch net worth, an Australian-American media mogul.
What is Lachlan Murdoch’s Net Worth and Salary 2023
Lachlan Murdoch is an Australian, British, and American businessman and the heir apparent to the Murdoch media empire. His net worth is estimated to be $2.7 billion. Rupert Murdoch, the founder of News Corporation, has a son named Lachlan Murdoch.
In 2019, Lachlan became an official billionaire after the acquisition of Fox by Disney for a total price of $71 billion from the umbrella company Newscorp.
Lachlan Murdoch Overview
Lachlan Murdoch was born in London on 8 September 1971. He is the firstborn child of Rupert Murdoch and his second wife, Anna Murdoch Mann.
He took his father’s last name. Lachlan Murdoch is the half-brother of Prudence Murdoch, as well as the brother of Elisabeth Murdoch and James Murdoch, the grandson of Keith Murdoch and Elisabeth Murdoch, and the cousin of Anna Torv.
Lachlan is also the brother of Elisabeth Murdoch and James Murdoch. Murdoch was raised in New York City and attended the Aspen Country Day School, before graduating from Horace Mann School in 1989. He then studied philosophy and economics at Princeton University, graduating in 1994.
Murdoch began his career working for his father’s company, News International, in London, before moving to Australia in 1995 to work for News Limited.
He later held various positions at News Corporation in the United States and Asia, including as publisher of the Times of London and the Wall Street Journal.
In 2005, he became co-chairman of News Corporation, alongside his father and brother James. He was also chairman and CEO of 21st Century Fox from 2015 to 2019.
Lachlan Murdoch is an Australian-American businessman and mass media heir. He is the eldest son of media mogul Rupert Murdoch, and his ex-wife, Wendi Deng.
He is the co-chairman and chief executive officer (CEO) of 21st Century Fox, and chairman and CEO of the Fox Corporation. He is also a director of News Corp, and chairman of Nova Entertainment.
Lachlan began his career working for his father’s companies, News International and News Corporation, in Australia and the United Kingdom. He later moved to the United States, where he worked for Fox Television Stations and News Corp.
In 2005, he became the CEO of BSkyB. He resigned as CEO in 2007, but remained on the board of directors.
In 2014, Lachlan Murdoch was appointed co-chairman of 21st Century Fox, alongside his father. In 2016, he and his father were both replaced as CEOs by James Murdoch. However, they remained as co-chairmen and continued to hold a controlling stake in the company. In 2018, 21st Century Fox was sold to The Walt Disney Company.
Lachlan Murdoch is a member of the board of directors of News Corp and a director of Nova Entertainment. He is also a non-executive director of Ten Network Holdings.
In 1999, Murdoch wed Sarah O’Hare, an Australian model and actress who was born in the United Kingdom. The couple has three children: two sons, Kalan Alexander and Aidan Patrick, who were both born on November 9, 2004, and Aidan Patrick, who was born on May 6, 2006; and one daughter, Aerin Elisabeth, who was born on April 12, 2010, and was named for his sister and grandmother.
In 2019, Lachlan made headlines when he purchased a 10-acre estate in Bel-Air for $150 million. The mansion is located in the Bel-Air neighborhood. The opening title sequence for “The Beverly Hillbillies,” a television series that aired in the 1960s, included the mansion that is now often referred to as “Chartwell.”
At the time it was purchased, it held the record for the most expensive residence ever to be sold in the state of California. A few months later, he was unable to retrieve that tile because Jeff Bezos had paid $300 million for a nearby estate.
The purchase came with an empty lot measuring 1.3 acres that had previously served as the residence of Ronald and Nancy Reagan until both of them passed away.
It was discovered in August of 2020 that Lachlan had purchased one of his neighboring properties for the price of $14 million. Cheryl Tiegs, a former supermodel, was the one selling the item.
Why is Lachlan Murdoch famous?
Lachlan Murdoch is an Australian-American businessman and media mogul. He is the co-chairman of News Corp, the world’s second-largest media conglomerate, and the chairman and CEO of 21st Century Fox, Fox Corporation’s predecessor. He is the eldest son of media mogul Rupert Murdoch.
FAQs about Lachlan Murdoch
Who will follow in the footsteps of Rupert Murdoch?
When the Rupert era comes to an end, the power behind the family trust will be equally divided amongst his four eldest children – Lachlan, James, Elisabeth, and Prudence – while his two youngest daughters, Grace and Chloe, are financial beneficiaries of the trust.
What is the total number of children in the Murdoch family?
According to Verdict UK in 2018, each of Rupert Murdoch’s six children is a direct beneficiary of the Murdoch Family Trust, which receives approximately $12 billion in annual revenue as a result of the sale of 21st Century Fox to Disney.
Is there a child that Murdoch has with Anna?
It was revealed in the cliffhanger finale of the 14th season, which was split into two parts, that Murdoch had a little boy with his ex-lover Anna Fulford, whose death he was seeking to avenge.
Lachlan Murdoch is an heir to the Murdoch media empire and his net worth is estimated to be $2.7 billion. If you’re interested in learning more about Lachlan and his work in the media industry, be sure to check out his official website for more information. Thanks for reading!