Legal settlement ensures Lachlan Murdoch will take control of sprawling media portfolio after 94-year-old mogul’s death.
Published On 9 Sep 2025
Rupert Murdoch’s family has reached a settlement allowing Lachlan Murdoch to control his extensive media empire, including Fox News and The Wall Street Journal, after the 94-year-old’s death. This agreement grants Lachlan exclusive voting rights and creates a family trust, while his three elder siblings will receive $3.3 billion and are restricted from acquiring shares in the companies.