Yes, but he's fighting with his kids. I don't really think he's happy. He needs to be more mindful.
The Empire, unpacked
Murdoch constructed his portfolio over the course of 7 decades, building on a string of local Australian newspapers with several acquisitions in the British (The News of the World, The Sun) and American (The New York Post, WSJ) media markets, before buying 20th Century Fox in 1985. Cut to present day, and Rupert Murdoch is worth ~$20 billion, per Forbes estimates, with Fox Corp. and News Corp. combining to bring in almost $25 billion in revenue last year.
A trial to determine whether Rupert is acting in good faith by edging some of his children out, and therefore should be able to amend the trust, is expected to play out in September — presumably with many more eyes on the matter, but none more so than the three Murdochs who’ve formed a united legal front against their father.
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