Press "Enter" to skip to content

Finance: Rupert Murdoch’s $30 million Southern California estate is under threat from wildfires

Murdoch bought the property for $29.5 million in 2013.

Wildfires have been burning throughout Southern California since Monday evening. Rupert Murdoch's Moraga Estate is within the evacuation zone.

  • Rupert Murdoch's Bel Air home and winery are under threat from wildfires.
  • The estate is located in the fire evacuation zone.
  • Wildfires have been burning throughout Southern California since Monday evening.

Rupert Murdoch's home and winery in the Bel Air enclave of Los Angeles are under threat from nearby wildfires.

Murdoch bought the 16-acre property for $29.5 million in 2013. It includes a large, five-bedroom residence as well as a winery and vineyard, which Murdoch uses to produce and sell wine.

While the winery, called Moraga Estate, didn't immediately respond to Business Insider's request for comment, Bloomberg reported that the property is within the current evacuation zone, and NBC is reporting that it has caught fire. The estate is located near the 405 freeway, which authorities have closed.

Wildfires have been burning in Los Angeles and Ventura Counties since Monday evening. Nearly 200,000 people have been evacuated from their homes, and more than 65,000 acres and 150 structures have been damaged as of Wednesday morning. Gov. Jerry Brown has declared a state of emergency.

The current crisis follows the deadliest series of wildfires in California's history, which spread through Nothern California in October.

Here's a map charting the current fires:

%d bloggers like this: