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Inside the Murdochs’ Succession Drama

  • Prudence and Elisabeth Murdoch oppose Lachlan's decision to appoint Tony Abbott to the Fox board, with Prudence calling him ghastly and Elisabeth expressing a clear dissent if she had control.
  • The Murdoch family has approximately 40% of voting rights in Fox and News Corp, despite owning only 14%, due to Rupert's control of super shares.
  • Control of the family trust will shift after Rupert's death or in 2030, allowing James, Prudence, and Elisabeth to make their own decisions about the businesses.
  • Lachlan and Rupert are appealing a court decision that revoked their attempts to maintain control of the trust, amid a fierce internal family battle over leadership.
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  • 50% of the sources lean Left, 50% of the sources are Center
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Sydney Morning Herald broke the news in Sydney, Australia on Friday, February 14, 2025.
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