---
title: Rupert Murdoch Made $581 Million in One Day After Disney-Fox Deal
description: 21st Century Fox chairman Rupert Murdoch made $581 million Thursday, according to Bloomberg's Billionaire's Index.
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published: '2017-12-14T22:46:18.000Z'
modified: '2017-12-14T22:46:18.000Z'
section: Business
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  - Rupert Murdoch
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![WSJ Magazine 2017 Innovator Awards](https://img.money.com/2017/12/171214-rupert-murdoch.jpg)
*Rupert Murdoch at WSJ Magazine 2017 Innovator Awards in New York City, November 1, 2017.*

21st Century Fox chairman Rupert Murdoch added $581 million to his net worth Thursday, [according to Bloomberg's Billionaire's Index](https://www.bloomberg.com/billionaires/), as traders rewarded him for selling off a majority of his company's assets to Disney.

The deal will see Disney buy [$66.1 billion-worth of 21st Century Fox](https://www.wsj.com/articles/disney-to-acquire-key-parts-of-21st-century-fox-for-52-4-billion-1513253593), which he formed just a few years ago to oversee his entertainment groups (Murdoch is also chairman of Newscorp, which controls his non-entertainment units).

It's the biggest acquisition in Disney's history, and a surprising sale for the 86-year-old media mogul who has kept a close watch over a business empire he spent decades building.

“I know a lot of you are wondering, ‘Why are the Murdochs making such a momentous decision? Are we retreating?’ Absolutely not,” Murdoch said on [a call with analysts](https://www.wsj.com/articles/rupert-murdoch-says-disney-deal-is-a-pivot-not-a-retreat-1513280513). “We are pivoting at a pivotal moment.”

When the deal closes, Murdoch will find himself $4 billion richer, [Bloomberg reports.](https://www.bloomberg.com/news/articles/2017-12-14/disney-s-deal-for-fox-gives-rupert-murdoch-a-4-billion-victory) He's already made $2 billion since rumors of a sale were first floated in November. He'll see the other $2 billion once regulators approve the deal.

21st Century Fox shares ended Thursday trading up 6.5%.

Murdoch's net worth as of Thursday stands at $14.3 billion. Currently, he's the 87th-richest person in the world.

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