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by akiselev 1161 days ago
It's worth reading to the very end:

> Murdoch seemed trapped by the people he radicalized, like an aging despot hiding in his palace while the streets filled with insurrectionists.

This is what struck me the most though:

> During the day, Murdoch watched the stock market and took Zoom calls while Hall took online courses in UC Davis’s winemaking program. (Hall told friends Murdoch wanted her to do it so he could write off $3 million of vineyard expenses as long as she worked 500 hours a year on winemaking.)

Murdoch just sold his entertainment empire to Disney for over $70 billion, a significant fraction of which belongs to him and his family, and yet he had his wife spend a quarter of the work year on wine making to save a fraction of $3 million? What a small man.

1 comments

I think money becomes an addiction to some people. They can't fathom the amount of money they have and keep penny-pinching, nickle&diming and tax-avoiding like they were common millionaires.

The dude is 92, he could spend a million dollars every day for the rest of his life and still not run out of money.

Even if he wanted to leave a "legacy" for his kids, he could reduce that to a measly $500k/day and still every one of his kids would be a billionaire.