About Lachlan Murdoch

Lachlan Murdoch, born on September 8, 1971, in London, is a prominent American and Australian businessman and media heir. He is the eldest son of media mogul Rupert Murdoch. Lachlan's early life was marked by an elite education, attending private schools in New York City and later graduating from Princeton University with a degree in philosophy in 1994[2][3]. Lachlan began his career at News Corp in 1994, rising through the ranks to become deputy chief operating officer. During his tenure, he was responsible for the company's U.S. television stations and publishing operations. He notably overhauled the *New York Post*, increasing its circulation by over 40% and making it the fastest-growing newspaper in the U.S. at the time[5][6]. However, his tenure was also marked by significant challenges, including a failed investment in the telecommunications company One.Tel, which collapsed in 2001[3]. In 2005, Lachlan left News Corp due to internal conflicts, including disputes with executives like Roger Ailes. He relocated to Australia, where he founded Illyria Pty, a private investment company. Through Illyria, he acquired and expanded NOVA Entertainment, transforming it into Australia's leading network of FM stations[5]. Lachlan returned to the family business in the mid-2010s, following a phone-hacking scandal involving News Corp's *News of the World*. Currently, Lachlan serves as executive chairman of NOVA Entertainment, chairman of News Corp, and executive chairman and CEO of Fox Corporation[1][6]. As of 2023, he was listed among Australia's wealthiest individuals, with an estimated wealth of A$3.35 billion[1]. Recently, Lachlan has been involved in a U.S. court case concerning the family trust, with his siblings challenging their father's plans to ensure Lachlan retains control of News Corp and Fox Corp[1].

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Rupert Murdoch Reaches $3.3 Billion Settlement with Children

10 Sep 2025 42 views

#rupert_murdoch #media #settlement

Rupert Murdoch and his three older children have reached a $3.3 billion settlement over ownership of his media empire, with Lachlan Murdoch set to take control after his passing.