Albert Ruddy is the chairman and CEO of The New York Times Company. As such, he is one of the most influential people in the media industry. But what
Albert Ruddy is the chairman and CEO of The New York Times Company. As such, he is one of the most influential people in the media industry. But what do you know about Albert Ruddy? In this post, we will explore his biography, his net worth, and other interesting facts you need to know. So be sure to check it out!
Albert Ruddy’s Early Life
Albert Ruddy was born on January 9, 1922, in New York City. He is the founder and chairman of RLJ Lodging Trust, a real estate company. Albert Ruddy has an estimated net worth of $2.1 billion.
Albert Ruddy graduated from the University of Pennsylvania with a bachelor’s degree in business administration in 1942. After graduation, he served in the United States Army during World War II.
After the war, Albert Ruddy began his career as a real estate developer. He founded RLJ Lodging Trust in 1960 and has since developed over 10 million square feet of property. Albert Ruddy is also a philanthropist; he has donated over $250 million to various charities and organizations. In 2016, he was named one of Fortune’s 100 Most Powerful People in America.
Albert Ruddy’s Career
Albert Ruddy, Jr. (born April 1, 1941) is an American businessman and philanthropist who has been the Chairman and CEO of The Walt Disney Company since 1984. He was also the chairman of Capital Cities/ABC Inc. from 1986 to 1995. In 1995, he became a director of News Corporation, and in 2003 he became its chairman. In 2011, he retired as chairman of News Corporation and was replaced by Rupert Murdoch.
Albert Ruddy’s father was Albert Ruddy Sr., a former Boston Police Department officer who founded Beacon Theatres Corporation in 1950 with $250,000 of his own money. Albert Jr., along with his brothers Michael and Timothy, took over the company in 1978 when their father died. Under their leadership, Beacon Theatres grew into one of the largest theater chains in the United States; it merged with TriStar Pictures in 1986 to form Capital Cities/ABC Inc., which became one of the leading media companies in the world.
In 1995, Ruddy became a director of News Corporation following its acquisition of ABC Incorporated; he served as its chairman until 2003. During his tenure at News Corp., Ruddy played an instrumental role in transforming it into one of the world’s leading media conglomerates; under his leadership, it acquired several television networks and newspapers, including Fox Broadcasting Company, The Wall Street Journal newspaper group, and HarperCollins Publishers. In 2011, Ruddy retired from his position as chairman of News Corp.; he was
Albert Ruddy’s Net Worth
Albert Ruddy is an American business magnate and media mogul. His net worth as of March 2017 is estimated to be $3.2 billion. Ruddy was born in New York City, in 1933. He started his career at ABC News in the early 1960s as a copywriter and became a news executive before founding the Cable News Network (CNN) in 1980. In 1986, he founded the World Journal Tribune, which was sold to Dow Jones & Company in 1999 for $1.5 billion. In 2006, he founded RT America, which is headquartered in Washington D.C..
Age and Retirement
Albert Ruddy, the CEO and chairman of News Corporation, is worth an estimated $5.1 billion dollars as of March 2018, making him one of the richest individuals in the world. He is also one of the oldest people to reach their 70s, and he is currently 78 years old.
Ruddy has a long history with the media industry, starting out as an editor at The New York Times in 1967 before moving on to become president and chief operating officer of The Dow Jones Company in 1984. He was appointed CEO of News Corporation in 1997 and served in that role until he retired in 2013.
In addition to his successful career in business, Ruddy has also been involved in a number of philanthropic causes over the course of his life. He has donated millions of dollars to charity both through donations made directly to organizations and through donations made to foundations that support those same organizations.
Given his wealth and age, it’s likely that Albert Ruddy will continue to give back to society for years to come.
Albert Ruddy is an American businessman who has a net worth of $1.5 billion. He is the co-founder and CEO of Energy Transfer Partners, which is one of the largest energy companies in North America. Albert Ruddy was born on July 5, 1955, in Manhattan, New York.