The announcement of their engagement was printed in the births, marriages and deaths section of the Times newspaper, which Murdoch's company News Corporation owns.
"Mr Rupert Murdoch, father of Prudence, Elisabeth, Lachlan, James, Grace and Chloe Murdoch, and Miss Jerry Hall, mother of Elizabeth, James, Georgia and Gabriel Jagger, are delighted to announce their engagement," the page reads.
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It'll be Hall's first wedding, but Murdoch's fourth. Hall did tie the knot with the Rolling Stones front-man Mick Jagger in Bali, but that marriage was annulled.
Hall had four children with Jagger, but the relationship came to an end in 1999.
The relationship between Murdoch and Hall was made public when the couple appeared together at a Rugby World Cup match in October.