Succession of Rupert Murdoch

Elisabeth, Murdoch's eldest child with Torv, was the chairwoman of television production firm Shine Group until it was acquired by 21st Century Fox in 2015.[1] James was a board member of News Corp until he resigned in 2020 over "disagreements over certain editorial content," including coverage by the company's assets of the 2019–20 Australian bushfire season.[3] According to The Wall Street Journal, Murdoch postulated that James could sell Fox News, and former host Tucker Carlson expressed concerns.[5] In mid-2023, Lachlan Murdoch initiated a plan to change the trust, which he named "Project Family Harmony", labelling his brother James as the "troublesome beneficiary."[7] In December 2023, Murdoch altered the terms of the irrevocable trust in an effort to appoint Lachlan as the sole proprietor, arguing that the conservative bias of News Corp's media assets could be retained, ensuring its commercial value.[10] According to the Wall Street Journal in September 2024, James had made a prior attempt at settlement, in a proposal that included the possible sale of his and his sisters' interests in the trust.[15] According to Vanity Fair in April 2023, Murdoch had previously suffered several medical emergencies that were largely unreported, including "a broken back, seizures, two bouts of pneumonia, atrial fibrillation, and a torn Achilles tendon."[7] Rutgers Law School expert in estate planning Reid Kress Weisbord said that the verdict was exceptionally strongly worded, and may be difficult to appeal.A spokesperson for the three siblings said: "We welcome Commissioner Gorman's decision and hope that we can move beyond this litigation to focus on strengthening and rebuilding relationships among all family members.The outlet has in the past publicly not only endorsed Donald Trump's presidency but also some of his more questionable assertions and conspiracy theories, including his big lie about the 2020 election being "stolen".The chaotic depiction of the aftermath prompted representatives for Elisabeth Murdoch to request a plan that prevented such a situation from playing out in real life.
Rupert Murdoch
The legality of Murdoch's changes to his family 's trust was decided at the Washoe County Courthouse .
Nevada Second Judicial District CourtprobateRupert MurdochNews CorpFox CorporationLachlan Murdochsuccessionfamily trusthundreds of assetsPrudence MacLeodElisabeth MurdochJames MurdochWashoe County CourthouseReno, NevadaThe NewsAdelaideSouth AustraliaNews of the WorldThe SunNew York PostSky NewsFox NewsNews CorporationHarperCollinsDow Jones & CompanyThe Wall Street Journalseveral scandalsNews International phone hacking scandal21st Century FoxThe Walt Disney CompanyacquiredLachlanMurdoch familyElisabethAnna Maria TorvPrudenceMichael WolffVanity FairShine Group2019–20 Australian bushfire seasonTucker CarlsonKeith TysonRobert De NiroSuper Bowl LVIIgood faithWendi Deng MurdochNevadaWall Street JournalStarboard Valueseizurespneumoniaatrial fibrillationAchilles tendonOxfordshireCOVID-19Cromwell Hospitalhis familyThe New York TimesAssociated PressReutersThe Washington PostCravath, Swaine & Mooreprivate wealthAdam StreisandSheppard, Mullin, Richter & HamptonSupreme Court of Nevadabad faithRutgers Law Schoolestate planning2024 U.S. electionsDonald Trumpconspiracy theoriescable newsSyracuse University's Institute for Democracy, Journalism, and Citizenshipclimate changeJesse ArmstrongConnor's WeddingLogan RoyRutenberg, JimABC NewsFinancial TimesBloomberg NewsBlack Inc.ABC News (Australia)The Daily TelegraphNBC NewsNew YorkArmstrong, JesseThe GuardianThe New York Times Magazine