US EditionMurdoch Succession Deal Gives Lachlan Control Through 2050, Buys Out Three Siblings
Lachlan Murdoch secures leadership of Fox Corp and News Corp through a $3.3 billion deal, while siblings receive buyouts and relinquish voting rights in the family trusts.
- Lachlan Murdoch will take control of his father Rupert Murdoch's media empire under a new agreement reached in September 2025.
- Rupert Murdoch's three other children will receive $1.1 billion each for their shares, following a legal battle over family trust terms.
- The new family trust will last until 2050, benefiting Lachlan and his younger sisters Grace and Chloe.
- The changes ensure the family media brands maintain their conservative editorial direction.
136 Articles
136 Articles
Here’s How Much Each Of Rupert Murdoch’s Kids Could Be Worth
A settlement announced Monday ended a two-year dispute over control of the trust that holds the family’s FOX and News Corp shares. But 94-year-old patriarch Rupert Murdoch has a lot of other assets to divvy up.
CHRONIQUE. The 94-year-old magnate considered his eldest son, Lachlan, the most able to take over the reins of his empire. But for this it was necessary to compensate the other children and to change the trust that controls the group. The conduct of business and the family agreement rarely make a good living, says Isabelle Chaperon, a columnist in the "World Economy" department.
The real life ‘Succession’ – Murdoch’s eldest son wins control of €3bn family media empire
Rupert Murdoch and his children resolved a family feud with a settlement that gives favoured son Lachlan Murdoch broad control, and ensures Fox News and the rest of the sprawling media empire retains its conservative slant.
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