It is now clear that he is about to step down as chairman of his companies, Fox Corporation and News Corporation. That means one of his sons, Lachlan Murdoch, will take over the management of those companies. With James Murdoch being his other son, everyone is finding out who Rupert Murdoch’s son is.
An American media mogul, investor and business giant named Keith Rupert Murdoch was born in Australia. He is the owner of hundreds of regional, local and international media outlets through his company News Corp, including The Sun and The Times newspapers in the UK, The Daily Telegraph, Herald Sun, and The Australian in Australia, The Wall Street Journal. and The New York Post in the US, as well as the publishing company HarperCollins and the television networks Sky News Australia and Fox News (through Fox Corporation).
Rupert Murdoch steps down as Chairman of Fox and News Corp.
The news is everywhere and one of Rupert Murdoch’s sons is taking over, but what are the details? On Thursday, the powerful right-wing media mogul, founder and manager of one of the world’s most important news empires, announced that he would step down as chairman of Fox Corporation and News Corporation.
“Throughout my professional life, I have been engaged with news and ideas every day, and that will not change,” Murdoch, 92, wrote in a memo to employees. “But it’s time for me to take on different roles knowing that we have really talented teams.”
His resignation comes at a critical time for the media sector as legacy entertainment corporations face fundamental change in the mainstream film and television industry as well as consumers. users quickly switched to streaming services.
Rupert Murdoch’s son: Who are Lachlan Murdoch and James Murdoch?
Lachlan Murdoch and James Murdoch are business moguls, media owners and sons of investor Rupert Murdoch, but he also has four other children. His other children were Prudence MacLeod, his eldest; Elisabeth Murdoch; Grace Murdoch; and Chloe Murdoch.
Rupert Murdoch was married four times: Patricia Booke from 1956–1967, Anna Maria Torv from 1967–1999, Wendi Deng from 1999–2013, and Jerry Hall from 2016–2022. For a man of such influence, you wonder why all four of his marriages failed.
Rupert Murdoch’s sons, Lachlan Murdoch and James Murdoch, have done very well for themselves. Lachlan Murdoch was born in London, UK on 8 September 1971 and James Murdoch was born in London on 13 December 1972.
Before leaving his management position at the multinational media company at the end of July 2005, Lachlan, Murdoch’s eldest son, was previously Deputy CEO of News Corporation and publisher of the New York Times. Post, is considered the heir to the group.
The only Murdoch son to remain actively involved in the business after Lachlan’s departure is James Murdoch, CEO of satellite television provider British Sky Broadcasting since November 2003, although even though Lachlan agreed to stay on the board of News Corporation. Rupert Murdoch’s sons are making him proud and after announcing his retirement, one of them, Lachlan Murdoch, will take his place.
Lachlan Murdoch will take over the house of his father, Rupert
Murdoch’s eldest son, Lachlan, who currently serves as chief executive of Fox Corporation, will take over as sole chairman of both businesses. Lachlan was called “a passionate and principled leader” by his father. Although Rupert gives the impression that Lachlan will continue the right-wing editorial trend for which his media companies are famous, it is uncertain how Fox will follow Lachlan.
“My father firmly believed in freedom and Lachlan was fully committed to that cause,” Murdoch told staff in his memo. “Self-interested bureaucracies seek to silence those who question their origins and purposes. The upper class had an open disdain for those who were not part of their aristocratic class. Most media collude with those elites, peddling political narratives rather than pursuing the truth.”