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Snapshot 2:Thu, Jul 25, 2024 9:10:17 PM GMT last edited by Vandita

Rupert Murdoch Seeks to Hand Empire to Son Lachlan, Prompting Challenge From Other Children

Image copyright: Drew Angerer/Staff/Getty Images News via Getty Images North America

The Facts

  • Conservative media mogul Rupert Murdoch is engaged in a legal battle with three of his children over who will control his media empire after his death, according to documents obtained by The New York Times.

  • The 93-year-old patriarch of the Murdoch family – which controls Fox, News Corp, and many other news outlets – is looking to amend an irrevocable family trust to give full control of voting powers and decision-making to his son Lachlan.

  • With an estimated value of $19.5B, the Murdoch empire is controlled by a trust that is equally shared by Rupert’s four eldest children – Lachlan, James, Elisabeth, and Prudence. However, their father wants to give total control to Lachlan in order to preserve a right-leaning editorial stance.


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