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Rupert Murdoch’s Pay Drops to $28.9 Million

For News Corp.’s latest fiscal year — which ended June 30 — Rupert Murdoch saw his compensation drop from $30 million to $28.9 million. We have to ask: Why even leave the house on that kind of pay?

The only thing keeping Murdoch going is probably the $274,531 he got for the use of News Corp.’s private plane and the $15,694 he got for the use of one of the company’s cars. Otherwise, really, it’s better to just hide your face in shame.

According to The Hollywood Reporter, Chase Carey — News Corp.’s president and COO — only raked in $27.05 million, so don’t expect to see him in public until at least next year.

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