In June 2005, Murdoch received the Press & Outdoor Advertising "media person of the year" award in Cannes. For the year 2001, Murdoch earned a salary of A$2.59 million. Murdoch was the Broncos' number one ticket holder. He and former Brisbane Broncos chief John Ribot signed up leading Canterbury-Bankstown Bulldogs players on documents which were not legally effective. With a personal interest in Australian rugby league, on 30 March 1995 Murdoch was at the first Super League meeting in the Atanaskovic Hartnell offices in Sydney. The company later emerged as Australia's market leader in online real estate advertising, and in 2014 was assessed as worth more than $3.6 billion to News Corp. Murdoch led an initial $10.75 million investment, of which only $2.25 million was in cash, in REA Group, and subsequently championed the retention of the investment over the objections of those who wished to sell it. The settlement was approved by the Supreme Court of New South Wales on 17 April 2014, with A$14.93 million to be paid by the Packer family's Consolidated Press Holdings, A$11.77 million to be paid by Packer's Crown Resorts and A$13.3 million to be paid by News Corp. In April 2014, Murdoch and Packer agreed to an A$40 million settlement over the failure of One.Tel. Įncouraged to invest in One.Tel by his friend Australian businessman James Packer, the son of television network owner Kerry Packer, Murdoch was extensively criticized for encouraging News Corporation's multi-hundred million-dollar investment in the start-up telecommunications company. In 1995, he was appointed deputy CEO of News Limited, executive director of News Corporation in 1996, deputy chief operating officer in 2000 he was made senior executive vice president from 1999 to 2000, and has been chairman of STAR since 1995. One year later, he became publisher of Australia's first national paper, The Australian. At the age of 22, Murdoch was appointed general manager of Queensland Newspapers, the publisher of Brisbane's Courier-Mail. In 1989, Rupert Murdoch brought Lachlan Murdoch, then 18 years old, to Australia while on business, to have Lachlan trained for three months at the Daily Mirror. While at Princeton, he studied philosophy with Béatrice Longuenesse and Alan Hajek. In 1994, he graduated with a bachelor's degree in philosophy from Princeton University. He received his primary and secondary education at the Aspen Country Day School in Aspen, Colorado, Trinity School in New York City, and at Phillips Academy in Andover, Massachusetts. He was raised in New York City where his father owned the New York Post. Murdoch was born on 8 September 1971 at Wimbledon Hospital in Wimbledon, London, the eldest son of Australian-born American media mogul Rupert Murdoch, and his former wife, Scottish journalist and author Anna Maria dePeyster (née Torv formerly Murdoch). He is the executive chairman of Nova Entertainment, chairman of News Corp, executive chairman and CEO of Fox Corporation, and the founder of Australian investment company Illyria Pty Ltd. Lachlan Keith Murdoch ( / ˈ l ɒ k l ə n/ born 8 September 1971) is an Australian-British-American businessman and mass media heir.
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