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Neil Chenoweth

Rupert Murdoch’s family plan explodes

No one ever thought Rupert Murdoch would go gentle into that good night. The ageing Sun King’s family values, as Thursday’s (AEST) scoop by The New York Times shows, have just gone supernova.

In late November 2023, according to a sealed Nevada court judgment acquired by the Times, Rupert’s lawyers filed a petition in Reno to change the “irrevocable” voting rules to give Lachlan Murdoch majority control of Cruden Financial Services. This is the trustee of the Murdoch Family Trust, which holds the Murdochs’ fortunes: $US14.9 billion ($22.8 billion) of Disney, Fox and News Corp stock.

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Neil Chenoweth is an investigative reporter for The Australian Financial Review. He is based in Sydney and has won multiple Walkley Awards. Connect with Neil on Twitter. Email Neil at nchenoweth@afr.com.au

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    Original URL: https://www.afr.com/rear-window/rupert-murdoch-s-family-plan-explodes-20240725-p5jwkp