Media tycoon Keith Rupert Murdoch (1931-) was born on this day in Melbourne, Australia. The son of the celebrated war correspondent Sir Keith, Murdoch transformed a small 1950s daily newspaper, The Adelaide News, into a large media empire.
"The buck stops with the guy who signs the checks," said the Chairman and CEO of News Corporation Ltd., which owns 20th Century Fox, the Los Angeles Dodgers baseball team, Harper Collins books, and so much more.
Murdoch's empire spans the globe, reaching two thirds of the world's population. His publications include TV Guide, The New York Post, New York Magazine, The Star, the London Times and Sunday Times, the Boston Herald, and the Chicago-Sun Times. His aggressive business style and brilliant marketing enabled him to build his successful worldwide communication network.
"I try to keep in touch with the details... I also look at the product daily. That doesn't mean you interfere, but it's important occasionally to show the ability to be involved. It shows you understand what's happening," he said.
Motivate by example.