Earlier this month, a probate commissioner rejected an attempt by Murdoch, 93, to retool the irrevocable family trust so his most conservative son, Lachlan, could singularly lead Fox Corporation ...
Media magnate Rupert Murdoch lost a legal battle recently when a Nevada probate commissioner ruled he could not amend the terms of his family trust. Murdoch, whose holdings include Fox News, The Wall ...
who had been passed over in favor of Lachlan, takes the hardest line against Fox. In April 2023, Mr. Murdoch’s children began planning for his death, spurred by an episode of HBO’s ...
As part of their settlement, she insisted that his four children at the time — Prue, Elisabeth, James and Lachlan — share equal control of the Murdoch trust upon his death. The trust holds the ...
Lachlan butted heads with Ailes and eventually ... prompted the oldest Murdoch children to start discussing a public relations strategy for Rupert’s eventual passing. The trust representative ...
Rather, Murdoch desires that his media empire remain conservative, and he fears his more left-aligned children would edge out Lachlan and change direction. What’s Next? So, what’s next for the ...
For family advisers, the Murdoch family saga is a reminder of the crucial role of robust legal and governance structures, as ...
he states in his memo. When Murdoch dies, the voting shares in the companies will go to four of his children: Lachlan, Elisabeth, Prudence, and James Murdoch. The two children he has from another ...
A New York appeals court on Thursday rejected Fox Corp’s attempt to be dismissed from Smartmatic’s $2.7 billion defamation ...
Rupert Murdoch is trying to expand his eldest son's voting power in the Murdoch Family Trust to secure a majority and ensure that he cannot be challenged by his siblings.