Murdoch Family Drama Ends: Lachlan Cashes In, Sibs Cash Out
At 94, Rupert Murdoch finally passes the media scepter to his eldest son Lachlan â the guy who bailed and then 'came back to win' like a reality TV champ. The sprawling Murdoch media kingdom, boasting Fox News, The Wall Street Journal, and The New York Post, is worth a casual $24 billion. Rupert, whoâs married more times than a Hollywood celeb at five and fathered six kids, just settled his family trust dispute: Lachlan gets control, while siblings James, Liz, and Prudence cash out with fat paychecks. James bailed from News Corpâs board in 2020 over âeditorial disagreementsâ after calling Foxâs climate denial a dumpster fire. Meanwhile, Rupertâs latest marriage to a 67-year-old retired biologist in 2024 sounds like the plot twist nobody asked for. Disneyâs $71.3 billion 21st Century Fox buyout fueled this Murdoch Mack daddy moment, splitting $12 billion among the kids. Move over, SuccessionâMurdochs wrote the book on dysfunctional money wars.
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Source: Businessinsider | Published: 9/9/2025 | Author: Taylor Borden,Kelsey Vlamis