Tag Archives: News Corporation

• Rupert Murdoch buys vineyard in LA. What’s next? The LA Times?

Rupert Murdoch buys vineyard in LA. What’s next? The LA Times?

Rupert Murdoch, the founder and CEO of News Corporation is moving into the wine business, after purchasing a vineyard in Los Angeles. Murdoch, who Forbes magazine claims is worth US$11.2 billion, has bought the 16-acre Moraga Vineyards estate, which is located in the hills above Bel Air. Although the purchase price has not been revealed […]