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Murdoch Succession Deal Gives Lachlan Control Through 2050, Buys Out Three Siblings
Lachlan Murdoch consolidates control after siblings sell shares in a $3.3 billion deal ending a year-long legal dispute over the family's media empire trust.
- Lachlan Murdoch has been confirmed as the successor to the family's media empire, ending a long succession dispute with his siblings.
- A mutual resolution on legal proceedings related to the Murdoch Family Trust has been reached, resulting in the termination of all litigation.
- New family trusts will be established, ensuring Lachlan Murdoch's control of both News Corp and Fox Corp until at least 2050.
- Lachlan's older siblings surrendered their claims to control Fox in exchange for stock valued at $3.3 billion.
23 Articles
23 Articles
Murdoch family’s News Corp succession battle ends with eldest son retaining control
The yearslong succession battle over News Corporation is coming to an end, with the media company announcing Monday that the beneficiaries of the Murdoch Family Trust reached a “mutual resolution.” The termination of the litigation created new trusts for News…
Who Is the Murdoch Family? All About the Real-Life People Who Inspired 'Succession'
Lachlan Murdoch has reached a deal to take control of father Rupert's media empire, the family announced in September 2025David Paul Morris/Bloomberg via Getty ImagesNEED TO KNOWMedia tycoon Rupert Murdoch and his adult children inspired the HBO series SuccessionMurdoch has been married five times and has six childrenIn September 2025, the family announced that son Lachlan had reached a deal to buy out his siblings' shares in the empireFollowing…
Rupert Murdoch’s son Lachlan to take over media empire
Rupert Murdoch’s son Lachlan will take control of the family’s sprawling media empire in a $3.3 billion deal that closes a decades-long succession battle.Lachlan will head all Murdoch outlets, including Fox News, the New York Post, and The Wall Street Journal. Three other Murdoch children receive $1.1 billion each but have no stake in the business. The deal ensures the news operations maintain their conservative bent: James Murdoch, Lachlan’s yo…
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