How Wealthy Are These Family Dynasties?
The Murdoch Family
Fortune: $19.8BBusiness: News Corp.Industry: MediaFamous Member: Rupert Murdoch
The Murdoch dynasty is one of the media’s biggest giants. Rupert himself was born in Australia, but he was awarded American citizenship in 1985. Rupert is the one who can be credited with the expansion of the family business.
News Corp. started building its days in Australia and New Zealand, providing print and television news. Murdoch expanded the business into the UK, America, and Asia. In America, Murdoch bought Harper Collins, Fox, and the Wall Street Journal. The family’s fortune increased after they sold Fox to Disney for a whopping $70 billion. Definitely one of the most powerful dynasties out there…