The dispute over the Murdoch’s family trust intensified last year, with family patriarch and billionaire Rupert Murdoch seeking to give control to Lachlan, his eldest son.
Key Facts
Rupert and Lachlan agreed to a settlement with Lachlan’s siblings, Prudence, Elisabeth and James, giving Lachlan control of the family trust that includes controlling interests in Fox Corp. and News Corp., the latter of which is the publisher of The Wall Street Journal.
