Categories: Businesses

4 big moments in the life and career of Keith Rupert Murdoch

Rupert Murdoch is an Australian-born American medial mogul. He founded News Corp in 1980 after moving to the United States in 1969. Murdoch has been vocal about his political persuasions and opinions of political leaders, both in the United States, Australia and abroad. He remains a polarising figure in world news and media, primarily because of his perceived influence over information, politics and current events. Here are several moments that shaped the career of Keith Rupert Murdoch.

His father’s death

Murdoch’s father died in 1952 when Murdoch was barely 21. His father, also known as Keith, ran The News, a small Adelaide newspaper. Murdoch assumed control of the newspaper following his father’s death and during the 1950s and 1960s acquired several publications across Australia and New Zealand.

Moving to the United Kingdom and the States

In 1969, Murdoch expanded his enterprise, assuming ownership of News of the World and The Sun. While retaining interests in Australia and Britain, Murdoch moved to New York City with the hope of breaking into the US market. In 1985, Murdoch became a naturalised US citizen, so he could legally own television networks in the United States.

Political influence

Murdoch soon began associating with a wide range of political leaders, including Margaret Thatcher and Ronald Reagan during the 1980s. While most were conservative politicians, his newspapers did endorse British Labour leader, Tony Blair during the 1990s.

In more recent years, Murdoch has supported Republican presidential nominees, like Mitt Romney and current-President, Donald Trump. He was also highly critical of former Australian Prime Minister, Kevin Rudd during the global financial crisis.

Phone hacking scandal

Murdoch was under fire during the early 2010s because of a phone-hacking scandal embroiled in his company. He provided testimony before the British parliament in July 2011, along with his son.

Henry Kentish

Henry Kentish is a national business reporter. Before coming to Quilter, Henry was the lead reporter on Business for SM in Melbourne. He reported on the national economy for Bloomberg News and BusinessWeek. He also spent a year in the US covering Australian business and politics issues.

Recent Posts

Inside the life and career of the investor, Warren Buffett

Widely regarded as one of the most successful investors in the world, Warren Buffett has…

12 hours ago

3 big mistakes you want to avoid when entering the Aussie job market

With the ongoing economic fallout from COVID-19, the Australian graduate market and wider employment pool…

16 hours ago

5 things you didn’t know about Andrew “Twiggy” Forrest

Andrew Forrest, better known by his nickname “Twiggy” is one of the wealthiest Australians alive.…

20 hours ago

Counting down Australia’s best movies

Australia has produced some surreal films, many of which revolve around the Australian climate, landscape…

1 day ago

Top 3 greatest researchers and scientists of all time

Throughout history, the scientific might and acumen of various individuals have irrevocably changed the world…

1 day ago

Ranking the top 3 best investors of all time

Brokerage firms and investment companies are often viewed through rose-tinted glasses. Everyone who works at…

2 days ago