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Murdoch Succession Deal Gives Lachlan Control Through 2050, Buys Out Three Siblings

Lachlan Murdoch bought out his three siblings for $3.3 billion, consolidating control of Fox Corp and News Corp through a trust lasting until 2050, ending years of family disputes.

  • In September 2025, Lachlan Murdoch gained control of the family's media empire after agreeing to buy out his siblings for $1.1 billion each.
  • The deal is valued at $3.3 billion, allowing Lachlan to lead the empire until 2050, concluding a legal battle with his siblings Prudence and Elisabeth.
  • Lachlan's siblings will each receive $1.1 billion for their shares as part of the settlement, ensuring a conservative media direction.
  • A new family trust will be created for Lachlan and his sisters, remaining active until 2050.
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The Telegraph broke the news in London, United Kingdom on Monday, September 8, 2025.
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