Lachlan Murdoch will head influential news brands such as the Wall Street Journal, Fox News and The Sun – in Australia, the United States and the United Kingdom – as well as Fox Sports, Fox Entertainment, among others.
Already president of Fox Corporation, Lachlan Murdoch was positioned as the favorite to succeed his father, among his brother James, considered more liberal, and his sisters Prudence and Elisabeth.
Rupert Murdoch leaves a controversial legacy, accused of having favored, through his newspapers and television channels, the rise of populism in Anglo-Saxon countries, symbolized by Brexit in the United Kingdom and the rise of Donald Trump to the presidency of the United States. United in 2016.
Fortuna
Murdoch has a fortune of between $8.26 billion and $17.4 billion, according to the millionaire indexes of the Bloomberg agency and Forbes magazine, respectively.
How many companies do you have?
Originally from Australia, Murdoch started his media empire after inheriting a newspaper at age 22 from his father, a former war correspondent, according to Forbes.
Murdoch owns stakes in New York-listed News Corp. and Fox Corp. The stakes are largely held through the Murdoch Family Trust that he still controls, according to regulatory filings, Bloomberg indicates.
Lachlan will take the reins of a shrinking empire, following Disney’s purchase in 2017 of the entertainment group 21st Century Fox and its extensive catalog of films, worth $66 billion.
That transaction led to a drop of about $12 billion in Murdoch’s net worth estimate, according to Bloomberg.
2023-09-22 00:24:25
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