Early Life
Keith Rupert Murdoch was born on March 11, 1931, in Melbourne, Victoria, Australia. He is the son of Sir Keith Arthur Murdoch, a renowned war correspondent and newspaper magnate. Murdoch attended Geelong Grammar School and Worcester College, Oxford, where he studied Philosophy, Politics, and Economics.
Rise to Success
Murdoch's career began in 1952 when he took over the family business, News Limited, after his father's death. He transformed the Adelaide News into a successful tabloid. He expanded his media empire through strategic acquisitions, including The Times of London, 20th Century Fox, and Fox News. Murdoch expanded into television and entertainment by purchasing 20th Century Fox Film Corp. in 1985, which led to the development of Fox, a major American TV network.
Key Business Strategies
Murdoch is known for his aggressive expansion and ability to adapt to the changing media landscape. His strategies involved acquiring media outlets across different countries and diversifying into various sectors. He launched the Fox News Channel in 1996, which quickly gained a significant audience.
Philanthropy
Murdoch has contributed to various philanthropic causes through News Corp. The Murdoch Center at the American Australian Association in New York City serves as a headquarters, cultural center, and meeting place, supporting stronger ties between the U.S. and Australia. In addition, The News Corporation has been a partner in several philanthropic initiatives.