Rupert Murdoch has been dealt a setback in his bid to steer control of his empire to his son Lachlan after the media mogul dies. Murdoch, 93, had sought to change the terms of his irrevocable ...
The family’s current trust gives Murdoch’s four eldest children — Lachlan, James, Elisabeth, and Prudence — equal voting rights over the family’s media conglomerates after his death.
Rupert Murdoch lost his initial bid to amend his family trust to cede power over his vast media empire to his eldest son Lachlan, according to The New York Times. Washoe County Probate ...
Billionaire business mogul Rupert Murdoch lost a bid this week to change a family trust to consolidate control of his media company around his eldest son Lachlan. A Nevada commissioner ruled ...