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Murdoch Family Reaches Settlement in Succession Battle
Wealthmanagement· 2025-09-17 22:21
The Succession-like true-life battle for control over the Murdoch media empire has reached a settlement. Lachlan Murdoch will take control after buying out his siblings.The legal battle stemmed from Rupert Murdoch’s attempt to amend an irrevocable trust to shift control to Lachlan. Three of his other children, Prudence MacLeod, Elisabeth Murdoch and James Murdoch, opposed this move and favored maintaining equal voting rights. The dispute escalated into litigation, with the family divided over the future of ...