Disney deal helps Murdochs climb up the 2019 AFR Rich List

May 31, 2019 10:11

After a seven-year absence, Lachlan Murdoch has returned to the 2019 AFR Rich List, landing in 18th position thanks to the sale of 21st Century Fox to The Walt Disney Company. The sale, which closed in March, netted Rupert Murdoch an estimated US$4bn and the Murdoch children US$2bn each.

Lachlan Murdoch first appeared on the Rich List in 2011, but the slipping price of Ten saw him fall off the ranking. Murdoch’s investment in Nova Entertainment would have seen him return to the list in 2019, but the Disney sale boosted his income significantly, landing him at a wealth of $3.62bn.

The Disney sale also saw Murdoch’s daughter Prudence MacLeod land on the list for the first time, in 22nd place with $3.1bn.

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Hannah Blackiston

Hannah Blackiston was the deputy editor of Mumbrella. She worked with the company from March 2019 to November 2020.

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