David H. Murdock’s biography, fact, career, awards, net worth & life story

  • Source of Wealth: DOLE, Real Estate
  • Age: 96
  • Birth Place: United States of America
  • Marital Status: Married (Tracy Murdock)
  • Full Name: David Howard Murdock
  • Nationality: United States
  • Date of Birth: April 10, 1923
  • Ethnicity: Caucasian
  • Occupation: Businessman
  • Education: High School
  • Children: 3 (Justin Murdock, David H. Murdock Jr., Gene Murdock)

American businessman David Howard Murdock has an estimated net worth of $2.4 billion as of March 2013 according to Forbes. Murdock amassed most of his net worth from his real estate investments and Dole.

David Murdock was born on April 11, 1923 in Montgomery Township, Ohio. After dropping out from high school, he was drafted by the U.S. Army to World War II. After moving to Arizona, he started his housing and commercial real estate business. Despite the collapse of the real estate industry in the 1960’s, Murdock still continued making money by developing real estates.

It was in 1978 when he took over the International Mining. In early 1980’s, he became Occidental Petroleum’s largest shareholder. It was in 1985 when he took control of Castle & Cooke which was at that time at the verge of declaring for bankruptcy. Castle & Cooke owned Dole Food Company, a renowned banana and pineapple producer. Under his leadership, he was able to expand Castle & Cooke’s portfolio into commercial and residential real estate properties while Dole became the largest producer of vegetables and fruits in the world. In 2003, Dole went private and today, it trades on the New York Stock Exchange. In addition to Dole and Castle & Cooke, David Murdock is also the owner of Pacific Clay.

You May Also Like

Halsey Minor’s Net Worth, Biography, Career, Awards, Fact and Life Story

Halsey Minor Net Worth: Halsey Minor is an American technology entrepreneur who has a net worth of -$50 million. Halsey Minor was born in 1964, in Charlottesville, Virginia, USA, he is best known for founding CNET, the first among the major Internet companies to turn in a profit. Prior to setting up his own company in 1993, Minor earned a degree in Anthropology from the University of Virginia. Even though he ran CNET successfully for seven years, he decided to leave in 2000 in order to pursue other interests. Three years before CNET got sold to CBS in a $1.8 billion acquisition, Minor founded Minor Ventures, a venture capital firm dedicated to helping start-ups get off the ground. In addition, he developed two more companies, i.e., Vignette Software and Snap/NBCi. Halsey Minor was also the early and key investor of Salesforce.com, a company partly responsible for the progress of cloud computing. Nowadays, he splits his time between the East and West Cost. Apart from being actively involved in technology and start-ups, Minor is an avid collector of fine art, as well as an ardent horse-racing fan. In June 2013, Halsey made headlines when he filed for bankruptcy listing his personal debts in the $50-100 million range.
Read More