Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Conversation
The Conversation
Francesco Chirico, Professor of Strategy and Family Business, Macquarie University

Passing on a family business isn’t easy. Here’s why – and what factors predict success

Maskot/Getty

Earlier this year, the world watched with interest as the Murdoch family’s real-life Succession drama came to a close.

Media mogul Rupert Murdoch’s children – eyeing an empire estimated to be worth more than US$20 billion (A$30 billion) and control of the Fox Corporation and News Corporation – had disputed a change to their trust that would put control squarely in the hands of only one of his heirs, Lachlan.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.