Lachlan Murdoch Net Worth 2022, Family Wealth, Income, House and More
Lachlan Murdoch Net Worth 2022, Family Wealth, Income and More - Lachlan Keith Murdoch is a British-Australian businessman and mass media heir.In March 2014, Murdoch was appointed as non-executive co-chairman of News Corp. and 21st Century Fox Inc. in a move that was seen as succession planning for the media empire.
Lachlan Murdoch is a businessman and the heir apparent to the Murdoch family's major media empire. He is the founder of Australian investment firm Illyria Pty Ltd., in addition to his roles as executive chairman of Nova Entertainment, co-chairman of News Corp., executive chairman and CEO of Fox Corporation, and executive chairman of News Corp.
Lachlan Murdoch Net Worth
Lachlan Murdoch Net Worth is $21.7 billion in 2022.Lachlan Murdoch is the owner of more than 18 units of Fox stock, which together are valued more than $4,004. In addition, his salary at Fox, where he serves as both Executive Chairman of the Board and Chief Executive Officer, is $29,154,500 a year.
|Net Worth ( 2022 )||$21.7 billion|
|Income / Salary yearly||$3 Billion +|
Lachlan Murdoch Income and Family Wealth
Lachlan Murdoch is the son of Rupert Murdoch, the founder of Newscorp. Lachlan became a billionaire in 2019 when Disney paid $71 billion to buy Fox from Newscorp's umbrella company.
Murdoch led an initial $10.75 million investment in REA Group, of which only $2.25 million was in cash, and later championed the investment's retention over the objections of those who wanted to sell it. Later, the company grew to become Australia's market leader in online real estate advertising, and it was valued at more than $3.6 billion by News Corp in 2014.
Packer purchased an 18% stake in Network Ten in 2010, quickly selling half to Murdoch. Packer and Murdoch both joined the Ten board of directors. Murdoch was appointed acting CEO of Ten Network Holdings in February 2011 after the company's board terminated the contract of CEO Grant Blackley.
Lachlan Murdoch Net Worth Growth
|Net Worth in 2022||$21.7 Billion|
|Net Worth in 2021||$18 Billion|
|Net Worth in 2020||$15 Billion|
|Net Worth in 2019||$12 Billion|
|Net Worth in 2018||$9 Billion|
Lachlan Murdoch House and Assets
The mansion known as "Berthong" was located in Elizabeth Bay in Sydney and belonged to the Murdoch family until 2003.Murdoch paid $23 million for "Le Manoir," a home in Bellevue Hill that was 4,097 square meters (44,100 sq ft) in size.
In November 2011, he paid an additional $11 million for an adjacent property that was 1,049 square meters (11,290 sq ft) in size.
In 2017, Murdoch and his wife purchased a big equestrian property in Aspen, Colorado, for the price of US$29 million. The property includes a mansion that is 1,250 square meters (13,500 square feet) in size and features six bedrooms.
They made the deal in 2019, paying an estimated total of US$150 million to acquire the Chartwell Estate near Los Angeles.
Lachlan Murdoch Career Highlights
Lachlan Keith Murdoch is a British-Australian businessman and mass media heir.
He is the executive chairman of Nova Entertainment, co-chairman of News Corp, executive chairman and CEO of Fox Corporation
He is the founder of Australian investment company Illyria Pty Ltd.
In March 2014, Murdoch was appointed as non-executive co-chairman of News Corp. and 21st Century Fox Inc. in a move that was seen as succession planning for the media empire.
In June 2015 he was named as Executive Chairman of 21st Century Fox.
After Fox was acquired by Disney in March 2019, Murdoch was named as the chairman and CEO of the Fox Corporation.