After several years, he transitioned into executive roles within News Corporation and assumed the role of corporate company man. He dropped out of Harvard in 1995 to start his own hip-hop record label, Rawkus Records. James’ early career choices was at odds with his father’s conservative newspaper empire. James Murdoch, 49, is Rupert Murdoch’s fourth child and second son with his second wife, Anna. Lachlan now holds the roles of executive chair and CEO of Fox Corporation and co-chairman of News Corp, as well as executive chairman of NOVA Entertainment, an Australian media company. The experiment proved unsuccessful, and Rupert sold 21st Century Fox to Disney in 2019. Shortly after, Lachlan’s younger brother James was tapped to be CEO of 21st Century Fox in a power-sharing experiment orchestrated by Rupert between the brothers. After an extended absence, Lachlan returned to the family business in 2014 and resumed his position as a potential heir to the empire, becoming CEO of Fox Broadcasting and executive chairman at 21st Century Fox. Lachlan then launched his own investment company, Illyria Pty, in Australia. That year, Lachlan abruptly quit his executive positions at News Corporation after a battle with Ailes over the direction of the cable news network – effectively taking himself off the heir apparent track. At the time, his father described Lachlan as his heir apparent, “the first among equals.” His ascension continued smoothly until 2005. He rose quickly through the executive ranks and by 1997 had become chairman and chief executive of News Ltd. He began learning the family business at a young age through internships at his father’s media outlets. Lachlan Murdoch, 50, is Rupert Murdoch’s oldest son with his second wife, Anna. ![]() Murdoch’s penchant for pitting the siblings against each other in a years’ long competition to see who will succeed him as head of News Corp is widely believed to be the inspiration for the popular HBO series, “Succession.” ![]() Several of Murdoch’s children have followed him into the family business. Murdoch has been married four times and fathered six children over the course of his seven-decades long career. At different points the conglomerate has included the newspapers News of the World, the Sun, the New York Post and the Wall Street Journal Twentieth Century Fox film studio the Fox Broadcasting network Fox News Channel HarperCollins publishing, and the Los Angeles Dodgers. Drew Angerer/Getty ImagesĪustralian-born Rupert Murdoch, 91, is the media magnate who grew the small newspaper company he inherited from his father in 1952 into News Corporation, Ltd., the multi-billion dollar global media empire with a presence in cable, film, television, internet, satellite, sports, publishing and other fields. Rupert Murdoch, chairman of News Corp and co-chairman of 21st Century Fox, at the Sun Valley Resort in 2018.
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