While the majority of his fortune comes from Xiaomi, he also owns minority stakes in a number of Chinese online enterprises, including Hong Kong-listed anti-virus firm Kingsoft, private e-commerce companies Vancl and Lakala, mobile browser provider UC Web, and YY, which hit the Nasdaq exchange last Wednesday.

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Forest City Enterprises, a Cleveland, Ohio developer with offices in New York City, owns 10, 800 acres, mostly in urban and suburban areas, and has options to purchase another 8, 900 acres.

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Murdoch already owns 26% of the company's shares through his own company, Flexi-Van enterprises.

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Ms. Nazarian is one of the primary shareholders of Nazarian Enterprises, a venture capital group with investments in green energy, and SBE, an entertainment group that owns several luxury hotels, restaurants and nightclubs.

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