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Murdoch offers $44 million for Manhattan penthouse

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MUMBAI: Media moghul and billionaire chairman of News Corp Rupert Murdoch has, according to agency reports, offered to buy a penthouse in New York’s upscale Manhattan area for cool $44 million.

If the deal for the three-story penthouse, which belonged to the late Laurance S Rockefeller, goes through it would make it the highest price ever paid for a Manhattan apartment.

Murdoch and his family, however, must also be approved by the co-op board of the building, at 834 Fifth Avenue, The New York Times reported on Friday, citing an unnamed source informed of the negotiations. Howard Rubenstein, a spokesman for Murdoch, declined comment to the Times.

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The offer was reportedly accepted on Monday by representatives of Rockefeller’s estate, which is responsible for the sale.

The co-op’s rules require a buyer to pay all cash for an apartment in the building, which is at 64th Street, across from the entrance to the Central Park Zoo.

The penthouse is apparently one of the city’s most opulent apartments on one of the most elegant stretches of Fifth Avenue. The apartment spans across the 14th, 15th and 16th floors of the building which was designed by the architect Rosario Candela and completed in 1931. It has 20 rooms making up about 8,000 square feet and about 4,000 square feet of terraces spread over the three floors. The monthly maintenance is $21,469.07.

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Murdoch last march was ranked No. 43 on Forbes magazine’s list of the world’s richest people, with an estimated net worth of $7.8 billion. His company News Corp owns Fox Broadcasting, The New York Post Twentieth Century Fox and Asia’s Star Group, among other properties.

The current record for a Manhattan apartment stands at $42.25 million, paid last year for a pair of adjoining condominium units at the Time Warner Center on Columbus Circle.

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News Broadcasting

Rising Bharat Summit 2026 spotlights India’s global ascent

PM Modi keynotes two-day event with ministers, diplomats and icons in New Delhi.

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MUMBAI: India didn’t just host a summit, it threw a coming-out party for a nation ready to own the global stage. The News18 Rising Bharat Summit 2026, held on 27–28 February in New Delhi, emerged as a high-octane platform for ideas, vision and strategic dialogue, uniting national leadership, global policymakers, industry titans, defence strategists and cultural icons under the theme “Strength Within”.

Prime minister Narendra Modi set the tone with a keynote that framed India’s resurgence as a reclaiming of lost potential built over generations. “In previous industrial revolutions, India and the Global South were merely followers,” he said. “But in the era of Artificial Intelligence, India is a partner in decisions and shaping them.” He highlighted the country’s thriving AI startup ecosystem and the recent AI Impact Summit attended by over 100 nations.

Union minister Piyush Goyal (Commerce & Industry) stressed India’s readiness to scale exports and deepen manufacturing, while Ashwini Vaishnaw (Railways, I&B, Electronics & IT) positioned technology and infrastructure as twin engines of growth, especially in AI and digital trust. Jyotiraditya Scindia (Communications & North East Development) revealed India’s ambition to lead in 6G through the Bharat 6G Alliance and partnerships with over 30 countries.

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Global voices added depth: former Singapore Foreign Minister George Yeo called India’s development “self-sustaining” and strategically vital; ex-UK Chief of Defence Staff General Sir Nick Carter asserted India deserves a seat at the great powers’ table; and former US Commerce Secretary Carlos M. Gutierrez joined ambassadors from Norway, Germany and Sweden in discussions on geopolitical realignment, sustainability and defence preparedness.

Other speakers included veteran investor Ramesh Damani, World Gold Council CEO David Tait, Vianai Systems founder Dr Vishal Sikka, DeepTech Bharat Foundation co-founder Shashi Shekhar Vempati, defence experts Rajesh Kumar Singh, Sunil Ambekar, Patrick McGee, Tom Cooper and Adrian Fontanellaz, plus cultural and sporting icons Kangana Ranaut, Saina Nehwal, PR Sreejesh, Mohammed Shami, Yuzvendra Chahal, Mithali Raj, Anil Kapoor and Yami Gautam.

The summit was supported by Jio Financial Services (Presenting Partner), Phonepe and DS Group (Co-Presenting Partners), Pernod Ricard India and Kia Seltos (Powered By & Driven By), state governments of Uttar Pradesh, Chhattisgarh and Uttarakhand (State Partners), and associate partners including NSE, M3M Foundation and Reliance Industries.

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Broadcast live across News18 Network, CNBC-TV18 and CNBC Awaaz, the event reinforced India’s image as a confident democracy and emerging global power proving that when strength comes from within, the world can’t help but watch.

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