Keith Rupert Murdoch is an Australian Born American

media magnet and the founder chairman and chief

executive officer of News Corporation. Beginning with
one newspaper in Adelaide, Murdoch acquired and
started other publications in his native Australia before
expanding News Corp. into the United Kingdom, United
States and Asian media markets. Although it was in
Australia in the late 1950s that he first dabbled in
television, he later sold these assets, and News Corp.'s
Australian current media interests (still mainly in print)
are restricted by cross-media ownership rules. Murdoch's
first permanent foray into TV was in the UK, where he
created Sky Television in 1989. In the 2000s, he became
a leading investor in satellite television, the film industry
and the Internet.
He began to direct his attention to acquisition and
expansion. He bought the Sunday Times in
Perth, Western Australia and, using the tabloid techniques
of his father's mentor Lord Northcliffe, made it a success.

In 1972, Murdoch acquired the Sydney morning tabloid

The Daily Telegraph from Australian media mogul Sir
Frank Packer

In 1981 Murdoch acquired The Times and

The Sunday Times, (the papers which Lord Northcliffe had
once owned) from Canadian newspaper publisher, the
In late 2003, Murdoch acquired a 34 percent stake in
Hughes Electronics, the operator of the largest
American satellite TV system

On 20 July 2005, News Corp. bought Intermix Media

Inc., which held MySpace.com and other popular social
networking-themed websites, for $580 million USD.

According to the 2010 list of Forbes billionaires,

Murdoch is the 117th-richest person in the world, with
a net worth of $6.3 billion