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International Business Times UK
International Business Times UK
Giuliano de Leon

Lachlan Murdoch: Net Worth, Career, and Key Facts as He Inherits Rupert's Media Empire

Even years ago in New York, the heir apparent to one of the world’s most powerful media conglomerates walked out on the family business. Lachlan Keith Murdoch, eldest son of Rupert, and already the deputy chief operating officer of News Corporation, was fed up with his father’s meddling and his patronising lieutenants. (Credit: PTB3001/Flickr)

Rupert Murdoch, 94, has sealed a long-awaited family settlement, finally ending years of bitter wrangling over control of his global media empire. Signed in the US on Monday, the deal cements Lachlan Murdoch as the undisputed heir.

The outcome is pivotal: the Murdoch dynasty controls powerhouse outlets from Fox News to The Wall Street Journal and The Times. The settlement not only secures Lachlan's rise but also reveals why his siblings ultimately stepped aside.

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