Murdock was born on April 11, 1923, in Kansas City, Missouri. His father was a traveling salesman; his mother worked as a laundress and housekeeper to make ends meet. He was the middle child of three; he had two sisters. He was close to his mother, who died at 42 of cancer. He was drafted by the
United States Army in 1943 during
World War II. Upon relocating to
Detroit after the war, Murdock was homeless and destitute. Due to a chance encounter with a good samaritan, he obtained a $1,200 loan to buy a closing
diner, flipping it for a $700 profit ten months later. He moved to
Phoenix, Arizona, and began working there, first in housing and then commercial real estate. When the real estate market collapsed in the 1960s, he moved to
Los Angeles where he continued developing real estate opportunities, leading to a string of acquisitions. In 1978, he acquired control of International Mining. He became the largest shareholder in L.A.-based
Occidental Petroleum, by selling the corporation his 18% share of the
Iowa Beef Packers company for $800 million worth of Occidental stock in May 1981 with support from
Armand Hammer: after this acquisition, Occidental, through its ownership of IBP and with support from
Leonid Kostandov, became the largest United States supplier of beef to the
Soviet Union. ==Businesses==