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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.