Story perspectives
Murdoch Family Settles Trust Dispute, Divides $4.2 Billion
9/11/2025
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Story summary
- Rupert Murdoch, 94, has established a multibillion-dollar media empire, including Fox News and The Wall Street Journal.
- A settlement ended a two-year dispute over the family trust managing $8.1 billion in FOX and News Corp shares.
- Lachlan Murdoch will oversee the trust, while siblings Elisabeth, James, and Prudence will receive approximately $1.4 billion each.
- The family's total wealth is estimated at $23.8 billion, with more assets yet to be allocated.
- Lachlan has assumed leadership roles at FOX and News Corp amid succession issues.
