$1.84 billion in salaries and bonuses paid to Murdoch men over past 25 years

September 30, 2024

This list tracks the $A1.84 billion in salaries and bonuses paid to Murdoch men by public company shareholders over the past 25 years, as was explained in this Crikey story on Murdoch pay and this piece on Michael West's website in February 2020.

2023-24

Fox Corp: total $US45 million (see page 46 of proxy statement)

Rupert Murdoch: $US21.2 million
Lachlan Murdoch: $US23.8 million

News Corp: total $ million (see pages 25 and 50 of proxy statement)

Rupert Murdoch: $???? million - see p50 of proxy statement.
Lachlan Murdoch: $???? million - see p24 of proxy statement

2022-23

Fox Corp: total $US44.7 million (see page 46 of proxy statement)

Rupert Murdoch: $US22.9 million
Lachlan Murdoch: $US21.8 million

News Corp: total $US6.65 million (see pages 25 and 50 of proxy statement)

Rupert Murdoch: $US5.25 million - see p50 of proxy statement.
Lachlan Murdoch: $US1.18 million - see p24 of proxy statement

Total both companies: $US51.35 million

2021-22

Fox Corp: total $US40.15 million (see p45 of proxy statement)

Rupert Murdoch: $US18.4 million
Lachlan Murdoch: $US21.75 million

News Corp: total $US6.8 million (see proxy statement)

Rupert Murdoch: $US6.47 million
Lachlan Murdoch: $US330,000

Total both companies: $US46.95 million

2020-21

Fox Corp: total $US58.8 million (see p42 of proxy statement)

Rupert Murdoch: $US31.1 million
Lachlan Murdoch: $US27.7 million

News Corp: total $US7.04 million (see p49 of proxy statement)

Rupert Murdoch: $US6.753 million
Lachlan Murdoch: $US288,000

Total both companies: $US65.84 million

2019-20

Fox Corp: total $US61.15 million (see p41 of proxy statement)

Rupert Murdoch: $US34 million
Lachlan Murdoch: $US29.15 million

News Corp: total $US3.66 million (see p44 of proxy statement)

Rupert Murdoch: $US3.36 million
Lachlan Murdoch: $US302,000

Total both companies: $US64.81 million

2018-19

Fox Corp: Total $US82.2 million (see p35 of the proxy statement)

Rupert Murdoch: $US42.1m
Lachlan Murdoch: $US42.1m
James Murdoch: not disclosed

News Corp: Total $US5.7m (see p21 of proxy statement)

Rupert Murdoch: $US5.03 million
Lachlan Murdoch: $US400,000
James Murdoch: $US270,000

Total both companies: $US87.8 million

2017-18

21st Century Fox: Total $US150.14 million (see p52 of proxy statement)

Rupert Murdoch: $US49.23 million
Lachlan Murdoch: $US50.67 million
James Murdoch: $US50.26 million

News Corp: Total $US6.32m
Rupert Murdoch: $US5.74 million
Lachlan Murdoch: $US331k
James Murdoch: $US248k

BSkyB
James Murdoch, non executive chairman: $US440,000 (see p59 of annual report)

Total across 3 companies: $US156.9 million

2016-17

21st Century Fox: Total $US70.26m (see p52 of proxy statement)

Rupert Murdoch: $US29.3 million
Lachlan Murdoch: $US20.6 million
James Murdoch: $US20.36 million

News Corp: Total: $US6.274m
Rupert Murdoch: $US5.68 million
Lachlan Murdoch: $US384k
James Murdoch: $US210k

BSkyB
James Murdoch, non-executive chair: $US440,000 (see p68 of annual report)

Total across 3 companies: $US76.97 million

2015-16

21st Century Fox: Total $US84.7m (see p52 of proxy statement)

Rupert Murdoch: $US34.6 million
James Murdoch: $US26.4 million
Lachlan Murdoch: $US23.7 million

News Corp: Total $US6.615m
Rupert Murdoch: $US5.344 million
Lachlan Murdoch: $US989,748
James Murdoch: $US281,250

BSkyB
James Murdoch, non-executive director: $US89,000 (see p62 of annual report)

Total across 3 companies: $US91.41m

2014-15

21st Century Fox: Total $US43.27 million

Rupert Murdoch: $US27.9m
James Murdoch: $US15.05m
Lachlan Murdoch: $US322,000

News Corp: Total $US5.55 million
Rupert Murdoch: $US5.1 million
Lachlan Murdoch: $US225,000
James Murdoch: $US225,000

BSkyB
James Murdoch, non-executive director: $US104,000 (see p62 of annual report)

Total across 3 companies: $US48.96 million

2013-14

21st Century Fox: Total $US50.03 million

Rupert Murdoch: $US29.25 million
James Murdoch: $US18.7 million
Lachlan Murdoch: $US2.08 million

BSkyB
James Murdoch, non-executive director: $US104,000 (see p75 of annual report)

News Corp: Total $US9.15m
Rupert Murdoch $US8.7 million
Lachlan Murdoch: $US225,000
James Murdoch: $US225,000

Total both companies: $US59.29 million

2012-13

News Corp: Total $US46.13 million

Rupert Murdoch: $US28.9 million
James Murdoch: $US17 million
Lachlan Murdoch: $US225,000

BSkyB
James Murdoch, non-executive director: $US102,000 (see p75 of annual report)

Total both companies: $US46.23m

2011-12

News Corp: Total $US49.5 million

Rupert Murdoch: $US30 million
James Murdoch: $US16.84 million
Lachlan Murdoch: $US2.66 million

BSkyB
James Murdoch, non-executive director: $US98,000 (see p61 of annual report)

Total both companies: $US49.6m

2010-11

News Corp: Total $US45.7 million

Rupert Murdoch: $US33.3 million
James Murdoch: $US11.9 million
Lachlan Murdoch: $US504,000

BSkyB
James Murdoch, non-executive director: $US98,000 (see p61 of annual report)

Total both companies: $US45.8m

2009-10

News Corp: Total $US34.81 million

Rupert Murdoch: $US22.72 million
James Murdoch: $US10.3 million
Lachlan Murdoch: $US1.79 million

BSkyB
James Murdoch, non-executive director: $US96,000 (see p52 of annual report)

Total both companies: $US34.9m

2008-09

News Corp: Total $US29.41 million

Rupert Murdoch: $US19.88 million
James Murdoch: $US9.2 million
Lachlan Murdoch: $US331,000

BSkyB
James Murdoch, non-executive director: $US82,000 (see p52 of annual report)

Total both companies: $US29.49m

2007-08

News Corp: Total $US38.61 million

Rupert Murdoch: $US27.55 million
James Murdoch: $US10.97 million
Lachlan Murdoch: $US90,000

BSkyB
James Murdoch, CEO: $US3.29m (see p51 of annual report)

Total both companies: $US41.9m

2006-07

News Corp: Total $US33.5

Rupert Murdoch: $US32.14 million
Lachlan Murdoch: $US1.36 million

BSkyB (see p48 of annual report)
James Murdoch CEO: $US2.23m
Rupert Murdoch, non-executive chair: $US50,000

Total both companies: $US35.78m

2005-06

News Corp: Total $US26.1m (inc BSkyB)

Rupert Murdoch: $US25.9 million
Lachlan Murdoch: $US142,000

BSkyB (see p71 of annual report)
James Murdoch CEO: $US1.62m
Rupert Murdoch, non-executive chair: $US53,000

Total both companies: $US27.71m

2004-05

News Corp: Total $US31.61

Rupert Murdoch: $US23.64 million
Lachlan Murdoch: $US7.97 million

BSkyB (see p71 of annual report)
James Murdoch CEO: $US1.62m
Rupert Murdoch, non-executive chair: $US53,000

Total both companies: $US33.28m

2003-04

News Corp: Total $US26.45 million

Rupert Murdoch: $US20.65 million
James and Lachlan Murdoch received combined $US5.8 million

BSkyB (see p38 of annual report)
James Murdoch, CEO: $US1.62m
Rupert Murdoch, non-executive chairman: $US53,000

Total both companies: $US28.12m

2002-03

News Corp: Total $US19.3 million

Rupert Murdoch: $US14.1 million
James and Lachlan Murdoch received combined $US5.2 million

BSkyB (see p29 of annual report)
Rupert Murdoch, non-executive chairman: $US22,000
James Murdoch, director: $US18,000

Total both companies: $US19.34m

2001-02

News Corp: Total $US13.69 million

Rupert Murdoch: $US9.21 million
James and Lachlan Murdoch received combined $US4.48 million

2000-01

News Corp: Total $US13.24 million

Rupert Murdoch: $US7.58 million
James and Lachlan Murdoch received combined $US5.66 million

1999-2000

News Corp: Total $US9.67 million

Rupert Murdoch: $US6.53 million
Lachlan Murdoch: $US3.14 million
James Murdoch undisclosed

1998-99

News Corp

Rupert Murdoch: US$6.34 million
Lachlan and James Murdoch undisclosed.

Stories on the nearly $2 billion Murdoch salary heist

Abbott gets 500k per year at Fox as Murdoch pay soars
Crikey, October 10, 2023

Latest Murdoch pay deals finally disclosed
Eureka Report, October 9, 2023

Murdochs delay revealing their bloated pay packets
Crikey, August 17, 2023

Murdochs delay disclosing their outrageous pay
Eureka Report, August 15, 2023

How the Murdoch men looted $1.4 billion from public companies
Michaelwest.com, February 20, 2020

News Corp bosses make another salary killing
Crikey, October 8, 2019

Another year, another Murdoch family rip off
Crikey, October 3, 2019

Murdoch men help themselves to $111.5m in salaries from Fox in 2015-16
Crikey, September 26, 2016

Murdoch salaries crack $1 billion
Crikey, October 1, 2015

Murdoch salaries hit $US600m
Crikey, November 5, 2014

All up, we have counted 25 years but this doesn't include James Murdoch's salary as CEO of BSkyB from 2004 until 2007 and any payments to James Murdoch in 2018-19 or whatever the boys received before 1998-99, which wasn't disclosed. This also excludes all payments to Elisabeth Murdoch.

Five years from 1998-99-2002-03: $US62.3m
Five years from 2003-04-2007-08: $US166.8m
Five years from 2008-09-2012-13: $US206m
Five years from 2013-14-2017-18: $US433.53
Five years from 2018-19-2022-23: $US316.7m

Total over 25 years: $US1185.7m ($A1.84 billion)

So far, that comes to $US1.1857 billion over the past 25 years or an average of $US47.43m per year. With the dollar at US65c, that comes to $1.84 billion or an average of $A73.6 million a year. Extraordinary and outrageous, given they control the boards through a voting gerrymander which gives the family around 40% of the votes when they only own around 15% of the stock.

Search:

$1.84 billion in salaries and bonuses paid to Murdoch men over past 25 years

September 30, 2024

This list tracks the $A1.84 billion in salaries and bonuses paid to Murdoch men by public company shareholders over the past 25 years, as was explained in this Crikey story on Murdoch pay and this piece on Michael West's website in February 2020.