Rupert Murdoch | $20 billion

Australian-born media mogul Keith Rupert Murdoch got his fortune by being the founder of News Corp. His success as an entrepreneur began at an early age when he was shown the ins and outs of journalism. He owns hundreds of international, national, and local publishing outlets all around the world. After his father’s untimely passing, Murdoch took over the reins of The News in 1952.

Murdoch’s newspaper holdings expanded over time as a result of multiple acquisitions. He bought The Sunday Times back in 1956, a newspaper distributed in Western Australia, a couple of years after purchasing a failing daily newspaper in Sydney called The Mirror. As of writing, Murdoch now has a total net worth of $20 billion, which was the result of numerous investment planning strategies and knowing where to make investments. It certainly pays to know where to put your money — it certainly did for Murdoch.