Rebekah Brooks’ net value in 2023 is $5 million. She is a British journalist and retired chief executive of News International, the British newspaper associate of Rupert Murdoch’s News Corporation. Rebekah Brooks of Chief Executive Officer of News UK, a role she has held since 2015.
Rebekah Brooks strode away with £10.8m from Rupert Murdoch’s News Corporation as a settlement after she resigned from her role as chief director of News International at the size of the phone-hacking scandal, UK accounts posted by News Corp show.
The total relevant to the £7m that Brooks, who also counts David Cameron and Tony Blair as friends, had previously thought to take home is far more than the £3.5m payout believed to have given at the time of her discharge from News International in July 2011.
Accounts for NI Group Ltd, the UK retaining business for News Corp’s Sun and Times titles, its HarperCollins British book industry, and other related companies disclose the payment – the first time the company confirms how much Brooks receives – ahead of its expected public demand listing in 2012.
The accounts say an unnamed director received £10.852m as “compensation for the failure of office.” That money includes “diverse ongoing benefits” – including the allowance for the costs of an office in Marylebone for two years and the cost of providing her with some staff for the same period.
It understands that the person is Brooks. A close partner of Rupert Murdoch, who once joined her as his “larrikin” – naughty youth – she revised the News of the World and the Sun in series before taking over as chief director of News International in the summer of 2009.
The former chief exec faces three charges concerning apparent criminality at the News of the World and News International. She accuses of conspiring with her husband, Charlie, and others to pervert the course of righteousness and frustrate an investigation by the Metropolitan police into the publisher.
She is also meeting two charges concerning conspiring to intercept people’s voicemails, including those of Milly Dowler. She is also facing a charge about corrupt charges allegedly made to a former Ministry of Defence official for stories, alongside the Sun’s retired chief journalist John Kay.
The accounts did not communicate if there was any clawback structure to reclaim any money should Brooks be found guilty of a criminal offense relating to her employment. But on the last event, when reports of the size of her severance circulated, News International sources suggested that money pay rear if a court returned a guilty verdict.
Overall, NI Group said a loss of £189.4m after tax – although the debt at Britain’s largest newspaper group stemmed primarily from £250m worth of charges linking to the closure of the News of the World and legal bills correlating to phone hacking and other police investigations.
Rebekah Brooks paid £10.8m after she resigned from News International in the wake of the phone hacking scandal, it has emerged.
The substantial payout details include in NI Group Ltd’s accounts. This company controls Rupert Murdoch’s British publishing stable, including his newspapers and the Harper Collins British book business.
The first time the amount paid to Ms. Brooks confirm. The payment describes as “compensation for loss of office.” The settlement, negotiated at the time of her departure in July 2011, reflects her salary and pension entitlements. It is also said to take the history of various ongoing benefits” such as funding an office in Marylebone, a central office, and employing staff for two years.
But it is also apprehended that the container includes a very significant clawback arrangement which would result in Ms. Brooks having to return a large portion of the payout if she was found guilty of criminal offenses.
She is facing three sets of charges about her time at News International. Ms. Brooks accuses of conspiring with her husband, Charlie Brooks, and others to pervert the course of justice and frustrate a Scotland Yard investigation.
She is also meeting two charges connecting to conspiring to preclude the voicemails of individuals, including the schoolgirl Milly Dowler. Ms. Brooks charges with payments allegedly made to a former official from the Ministry of Defence in return for stories.