In this article, we’ll take a closer look at Lachlan Murdoch, who is set to take the reins of the News Corp and Fox Corporation media empire. The eldest son of media mogul Rupert Murdoch, Lachlan is undoubtedly a key figure in the media world.
Lachlan Murdoch, aged 52, is undeniably the favorite choice to succeed his father at the head of the family empire. With a long career in media, he has held several senior positions within the News Corp group over the years.
Born from Rupert Murdoch’s second marriage to Scottish journalist Anna Torv, Lachlan studied at Princeton University before joining the family business in Australia. He quickly rose through the ranks and was appointed Managing Director of News Ltd at the age of just 25. At the time, he seemed destined to succeed his father and take over as head of the group.
However, in 2005, Lachlan resigned as chief executive, leaving the United States to return to Australia with his family. The reasons for his resignation remained unclear, but many observers speculated about differences between him and his father, as well as the weight of Rupert Murdoch’s shadow. Lachlan was reportedly disowned on several occasions by his father in front of the group’s executives.
For almost a decade, Lachlan stayed out of the family business, letting his younger brother James take the lead. It was not until 2014 that he returned to the corporate fold as non-executive co-chairman of News Corp. Subsequently, he held several key positions within 21st Century Fox and Fox Corporation.
With his appointment as chairman of News Corp and Fox Corporation formalized, Lachlan Murdoch is ready to take charge of a veritable media empire. The group owns many major newspaper titles, such as the Sun, the Times of London, and the Wall Street Journal, as well as companies in other sectors, such as HarperCollins and Rea Group.
Lachlan Murdoch is undoubtedly a controversial figure in the world of media. His father, Rupert Murdoch, is often accused of using his media to promote a conservative editorial line and to favor populist movements. It will be interesting to see what direction Lachlan takes these media outlets and how he deals with these accusations.
In conclusion, Lachlan Murdoch is set to take the reins of the News Corp media empire and Fox Corporation. With an already impressive career in media, he is ready to continue his father’s legacy and shape the future of these media giants. It will be interesting to follow his journey and see how he handles the issues and controversies surrounding his name.