Who Is Lachlan Murdoch, the New Head of Fox’s Media Empire? Getting to know the arch-conservative successor at News Corp. and the Fox Corporation, following the surprise departure of his father Rupert.
The succession is finally official. On Thursday, 92-year-old Rupert Murdoch announced that he would step down from his position as chairman of News Corp. and the Fox Corporation and hand the reins over to his oldest son, Lachlan. If the timing of the handoff was a surprise, its big winner wasn’t. For years, Murdoch had been training his preferred successor to eventually run his multibillion-dollar media empire and its key holdings, including Fox News and The Wall Street Journal. As Lachlan, 52, prepares to step into his father’s shoes, here are some key details to know about the new chairman in town.
Aside from being Murdoch’s son, what is Lachlan’s background?
Born in London and raised in New York after his father bought the New York Post in 1976, Lachlan Murdoch attended the high-society schools one might expect for a budding media mogul: the Trinity School on the Upper West Side, Phillips Academy in Andover, Massachusetts, and Princeton to polish things off. Rupert Murdoch brought him in after college to run some of his holdings in Australia, where he capably handled their newspaper operation in the country.
