Close Menu
orrao.com
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
What's Hot

How to Plan a Stress-Free Family Vacation to Hawaii

July 30, 2026

Using Mistakes as a Teaching Tool: Shifting the Narrative in Math Classrooms

July 29, 2026

Creating a Retirement You Will Truly Enjoy

July 29, 2026
Facebook X (Twitter) Instagram
orrao.comorrao.com
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
Subscribe
orrao.com
Home»World»Rupert Murdoch loses bid in real-life ‘Succession’ battle with kids
World

Rupert Murdoch loses bid in real-life ‘Succession’ battle with kids

December 10, 2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The case was launched after Mr Murdoch decided to change the trust over concerns about a “lack of consensus” among children, the Times reported.

Lachan is believed to be more conservative than his siblings and will maintain the legacy of his media brands.

Since the 1960s, Mr Murdoch has built a global media giant with great political and public influence.

Its two companies are News Corporation, which owns newspapers including the Times and Sun in the UK and the Wall Street Journal in the US, and Fox, which broadcasts Fox News.

Mr Murdoch groomed his two sons to follow in his footsteps from the time they were teenagers, journalist Andrew Neil told the BBC’s 2020 documentary The Rise of the Murdoch Dynasty.

“Family has always been very important to Rupert Murdoch, especially in terms of building a dynasty,” said the former Sunday Times editor.

In 1999, the Murdoch family foundation, which owns media companies, had to deal mainly with succession issues.

This led to Mr Murdoch giving his eldest children various jobs in his companies.

The trust gives the family eight votes, which it can use to vote on the boards of directors of News Corp and Fox News.

Mr Murdoch currently controls four of those votes, with his eldest children in charge of one each.

The trust agreement said that on Mr Murdoch’s death, his votes would be transferred equally to his four eldest children.

However, differences in opinions and political views led to discord in the family.

The fight to change the trust was not about money, but about power and control over the future of the Murdoch empire.

The commissioner’s ruling is not final, the Times reported. The court filing acts as a recommended resolution, but the district judge will still make a decision and may make a different decision.

Additional reporting by Michelle Fleury and Charlotte Edwards



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAmazon’s top AI exec says industry concerns that LLMs hit a ‘wall’ are overblown, says Jeff Bezos ‘very involved’ in AI efforts
Next Article How police caught the suspect in fatal shooting of UnitedHealthcare CEO
Admin
  • Website

Related Posts

World

Bukavu in DR Congo falls to Rwandan-backed M23 rebels

February 16, 2025
World

Panda-stic! Twin cubs attract hundreds of visitors on debut

February 16, 2025
World

Dozens including women killed in collapse

February 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Latest News
U.S.

1 killed, several injured in shooting at Tuskegee University in Alabama, officials say

November 10, 2024
Science

How to Tactfully Ask Your Child’s Friend’s Parents if They Have Guns at Home

December 27, 2024
Israel at War

Reports: Morocco, 2 disputed Somalia regions considered as destinations for Gazans

February 7, 2025
Entertainment

Lady Gaga Website Countdown Will Reveal New Album Title & More

January 21, 2025
Health

Spirulina Lowers Blood Pressure and Supports Heart Health

October 9, 2025
World

Watch: First look inside Notre-Dame ahead of reopening

November 29, 2024
Categories
  • Home
  • Business
  • U.S.
  • World
  • Politics
  • Sports
  • Science
  • More
    • Health
    • Entertainment
    • Education
    • Israel at War
    • Life & Trends
    • Russia-Ukraine War
Most Popular

Why DeepSeek’s AI Model Just Became the Top-Rated App in the U.S.

January 28, 202560 Views

New Music Friday February 14: SZA, Selena Gomez, benny blanco, Sabrina Carpenter, Drake, Jack Harlow and More

February 14, 202519 Views

Why Time ‘Slows’ When You’re in Danger

January 8, 202519 Views

Top Scholar Says Evidence for Special Education Inclusion is ‘Fundamentally Flawed’

January 13, 202516 Views

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox, every month.

Check your inbox or spam folder to confirm your subscription.

  • Home
  • About us
  • Get In Touch
  • Privacy Policy
  • Terms & Conditions
© 2026 All Rights Reserved - Orrao.com

Type above and press Enter to search. Press Esc to cancel.