Morry Schwartz was born in Hungary in 1948 and left as a refugee with his parents to live in Israel at the age of one. In 1958 he migrated with his family to Melbourne, Australia. He matriculated at Melbourne High and started studying architecture at Melbourne University, but left early to travel. At the age of 22 he started a film distribution business, and in 1973, at the age of 25, with 3 friends, he started the pioneering publishing company Outback Press.
A year after this he set up Aardvark Concreting Company, to financially support the publishing. Aardvark soon became a property development company. He has remained a publisher and property developer, under various entities, until today.
His company Pan Urban develops property including residential projects such as Liberty Tower and Watergate Towers as well as retail projects including the redevelopment of the GPO. For the past several years Schwartz Media has published books under the Black Inc and Nero Books
imprints and the journal Quarterly Essay.
In 2005 he launched The Monthly magazine which covers Australian politics, society and culture. In March 2014 Schwartz Media launched a weekly newspaper; The Saturday Paper, which is now published in Victoria, New South Wales, Queensland and South Australia. He was appointed Adjunct Professor of Journalism at RMIT in 2014.