The Secret Battle for the Future of the Murdoch Empire

Rupert Murdoch, 93, is engaged in a confidential legal struggle with three of his children over the control of the family's media empire. The conflict began when Murdoch attempted to amend the irrevocable family trust to ensure his eldest son, Lachlan, would maintain control after his death, preserving the company's conservative stance. This move blindsided his other three older children—James, Elisabeth, and Prudence—who united to oppose the change. Lachlan supports his father's efforts, setting the stage for a courtroom showdown in Nevada.

Murdoch argues that Lachlan's sole leadership is essential to protect the company's conservative editorial direction and, consequently, its commercial value. In contrast, the opposing siblings view this attempt as a violation of the trust's original equal governance provision. The Nevada probate commissioner ruled that Murdoch could amend the trust if he proves his actions are in good faith and benefit all heirs. A trial to decide this matter is scheduled for September.

The family's internal dynamics have long been complex, with past rivalries and political disagreements. Lachlan's alignment with his father's conservative vision contrasts sharply with the more moderate views of his siblings, particularly James, who has distanced himself from the family business due to disagreements over its direction. The trust, originally designed to ensure equal control among Murdoch's four oldest children, is now a battleground as Murdoch seeks to consolidate power in Lachlan's hands.

Murdoch's efforts to amend the trust have further estranged him from James, Elisabeth, and Prudence, leading to a fractured family dynamic in his final years. The outcome of this legal battle will determine not only the future leadership of the Murdoch media empire, which includes Fox News and The Wall Street Journal, but also its political influence. As Murdoch attempts to secure Lachlan's dominance, the trial will scrutinize whether his actions truly serve the best interests of all his heirs.

For more information see Jim Rutenberg and Jonathan Mahler "The Secret Battle for the Future of the Murdoch Empire" New York Times, July 24, 2024. 

Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.