Rupert Murdoch

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Keith Rupert Murdoch, AC, KSG is an Australian-American business magnate. He is the founder and Chairman and CEO of News Corporation, the world's second-largest media conglomerate.

In 1953, Murdoch became managing director of News Limited, inherited from his father. In the 1950s and '60s, he acquired various newspapers in Australia and New Zealand, before expanding into the United Kingdom in 1969, taking over the News of the World and then The Sun. He moved to New York in 1974 to expand into the US market and became a naturalised US citizen in 1985.[9] In 1981, he bought The Times, his first British broadsheet. In 1986, keen to adopt newer electronic publishing technologies, he consolidated his UK printing operations in Wapping, causing bitter industrial disputes. His News Corporation acquired Twentieth Century Fox (1985), HarperCollins (1989) and The Wall Street Journal (2007). He formed BSkyB in 1990 and during the 1990s expanded into Asian networks and South American television. By 2000 Murdoch's News Corporation owned over 800 companies in more than 50 countries with a net worth of over $5 billion.

In July 2011 Murdoch faced allegations that his companies, including the News of the World, owned by News Corporation, had been regularly hacking the phones of celebrities, royalty and public citizens. He faced police and government investigations into bribery and corruption in the UK and FBI investigations in the US.

Source: Wikipedia

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