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February 14, 2008

James Murdoch could net nearly $20 million in his new post at News Corp.

James Murdoch (pictured) could net nearly $20 million in his new post at News Corp. He will receive a base salary of $3.4 million in his role as head of Asian and European operations and could also earn bonuses of approximately $16 million.

However, he still has some way to go to match his father's wealth. Rupert Murdoch, CEO of News Corp, earns a reported salary of $8.1 million. He also owns 30% of the firm and is worth an estimated $9 billion.

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