Rupert and Lachlan Murdoch (Image: EPA/Andrew Gombert)
Last week, in New York, we learned just how rich the Trump and Brexit years have made the Murdoch family. And in Sydney we (and Malcolm Turnbull) learned how they use the power that money gives them.
In the US,
Forbes magazine released their annual billionaires list, demonstrating (as Australia’s rich list did just last month) what a lovely pandemic it’s been if you’re rich enough. The Murdoch family now sits at number 71, with assets of about $30 billion.
Just five years ago when Trump was the outsider US presidential candidate and Brexit a laughed-off distant possibility, the family’s wealth was a more meagre $14.6 billion.