Lachn Murdoch, the firstborn son of media tycoon, Rupert Murdoch, gained control of the family empire and took over the reins of Fox Corporation. For decades, the Merdoch family was in a bitter conflict over who would succeed the Patriarch in the leadership, a story full of intrigue that inspired HBO’s popular series, Succession. According to an agreement announced on Monday, Lahlan, who has already led the family empire as President of the News Corp and CEO and Executive President of Fox Corporation, secured his leadership position for the next 25 years. The $ 3.3 billion deal, according to the New York Times, ended the litigation that broke out when Rupert, 94, unsuccessfully attempted to change the family trust in order to deliver control to Lahlan, 54. In a court ruling of December 2024, the Commissar of Nevada Testaments, Edmund J. Gorman Junior, he said Rupert and Lahlan […]
Source: News Beast
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