In a family feud that would put Game of Thrones to shame, a legal fight has broken out over control of the Murdoch media empire.
As 93-year-old Rupert Murdoch, owner of ubiquitous “democratic cancer” News Corp, approaches his final days, his son Lachlan has been tapped to take over the family business. Upon Rupert’s retirement in September 2023, it was announced that Lachlan would be his successor and it seemed as simple as that.
But under terms of the family trust established following Rupert’s divorce from one of many wives, Anna, each of Lachlan’s siblings at that time – Prudence, Elisabeth and James – was entitled to an equal say in the company’s future.
A few years ago, according to the author of The Successor, Paddy Manning, Lachlan was offered the chance to buy out his siblings to the tune of $3 billion along with his business partner, James Packer.
However, as reported by Manning …