| Net Worth: | $1.375 Billion |
|---|---|
| Date of Birth: | August 22, 1968 - January 1, 1970 (55 years old) |
| Gender: | Female |
| Profession: | Businessperson |
| Nationality: | Australia |
What is Elisabeth Murdoch’s net worth? How does Elisabeth Murdoch make her money? Below is the current net worth of Elisabeth Murdoch and how Elisabeth Murdoch makes her money.
What is Elisabeth Murdoch’s Net Worth?
Elisabeth Murdoch is a British American television industry and international media executive who has a net worth of $1.375 billion. In 2001, she established an international television production and distribution company called ”Shine Group”. She later established her second global production company which is known as ”Sister” in 2019.
Childhood
On August 22, 1968, Elisabeth Murdoch was born in Sydney, Australia, to media magnate Rupert, and author Anna. She was given the name Elisabeth in memory of her benevolent grandmother. She attended the Brearley School in New York City before enrolling at Vassar College in Poughkeepsie.
Career
At her father’s cable television network FX Networks, where she began her career, Murdoch held the managerial position of program acquisitions. She and her ex-spouse later acquired the California NBC affiliate stations KSBW and KSBY with a $35 million loan from her father.
The two refurbished and marketed the stations in less than a year and a half for a $12 million profit.
BSkyB
After that, Elisabeth and her husband migrated to England where she finally accepted a crucial post at BSkyB, where her father had earlier shared the CEO position with Sam Chisholm, in a British broadcasting and telecommunication company that was experiencing financial troubles at that time.
She was the assistant to the television executive Sam Chisholm, who was placed in charge of running the company’s day-to-day transactions and developing its subscriber base.
She eventually assumed the role of Managing Director, and it was through her administration that BSkyB skyrocketed into one of the UK’s most lucrative businesses. After a disagreement with Chisholm in front of the public, she later decided to set out on her own as a television and film producer in London.
Shine Group
In March 2001, Elisabeth founded Shine Limited after making a failed attempt to create a film and production company equivalent to BBC Films and Film4 Productions. She has 80% of the company’s stock, while Lord Alli and another shareholder also possess 5% and 15%, respectively.
The group, which includes over 20 production companies from various countries, is in charge of making both scripted and non-scripted content.
Its divisions include Kudos, Dragonfly, Princess Productions, and Metronome Film & Television, the biggest production house in the Nordic region. Shine Group also encompasses Shine 360° commercial rights, division.
The group’s widely dispersed programs include the reality competition series “MasterChef,” “The Biggest Loser,” and “Minute to Win It,” as well as drama series such as “Humans,” “The Bridge,” and “Utopia.” “Grantchester,” “Broadchurch.
Shine Group was actually bought by Rupert Murdoch’s News Corporation for $415 million in 2011. This disputed price triggered public accusations of nepotism, with many News Corporation shareholders filing a lawsuit.
After that, in 2014, Shine Group decided to merge with Endemol and Core Media of Apollo Global Management to form Endemol Shine Group. The new entity distributed shows like “Big Brother,” “Peaky Blinders,” “Black Mirror,” and “Tin Star.” Endemol Shine Group was bought by the French company Banijay in 2020.
Other Projects
Murdoch has held several positions in several companies during her career, including the data and software firm Afiniti. In 2019, she also launched a new global production company called Sister. Murdoch serves as the executive chairman of ”Sister”.
Personal Life
Murdoch has had several failed marriages. Her first spouse was fellow Vassar College alum Elkin Kwesi Pianim. They got married in 1993 and had two daughters, Cornelia and Anna. Murdoch and Pianim filed for divorce in 1998.
Murdoch tied the knot with the PR executive Matthew Freud, the great-grandson of Sigmund Freud the great psychologist, a few years later, in August 2001. They split in 2014 after having two children together. In 2017, Murdoch married her third husband, an artist named Keith Tyson.
Murdoch possesses dual citizenship from two countries which are the United States and the United Kingdom respectively and resides in London’s St John’s Wood district, where she bought her home for the sum of £38.5 million in 2014.
She was made a Commander of the Order of the British Empire in 2022 for her immense contributions to the arts and charitable giving.
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