Rupert Murdoch’s Pay Tops Sons’ at Fox
Rupert Murdoch, executive chairman of 21st Century Fox, saw his total compensation rise to $34.6 million in fiscal 2016 from $27.8 million the prior year, according to documents files with the SEC.
Murdoch passed the CEO title to his son James Murdoch, whose pay also went up to $26.4 million from $15.1 million.
Related: Juenger Downgrades 21st Century Fox Stock
Rupert Murdoch’s other son, Lachlan Murdoch, also executive chairman of the company, earned $23.7 million. He didn’t have an executive role at 21st Century Fox the year before.
Former COO Chase Carey earned $29.2 million, up from $23.2 million. He continues to serve on the company’s board and as vice chairman.
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Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.