Murdoch’s succession battle yet to begin

The decision by media mogul Rupert Murdoch to relinquish power to his elder son, Lachlan, does not settle the potential power play that could occur on Rupert’s death

Rupert Murdoch, 92, will transition to role of Chairman Emeritus of Fox Corp and News Corp in November

Lachlan, 52
Quits company in 2005 after feud with then boss of Fox News, but returns in 2014.
Lachlan, who shares Rupert’s right-wing views, now becomes sole chairman of News Corp and continues
as CEO of Fox

James, 50
More liberally-minded, quits News Corp board in 2020 because of “disagreements” over editorial content
Estranged from his brother, James wants to reorientate business politically, with or without Lachlan

Elisabeth, 55
Has held various roles in family business but never considered heir apparent. Leaves in 2000 to set up hugely successful TV company Shine

Holds liberal views but remains close to Rupert and Lachlan
 

MURDOCH FAMILY TRUST (Current share of votes*)

Elisabeth 1
Lachlan 1
James 1
Prudence, 65, Rupert’s daughter from first marriage, keeps lower profile 1
Rupert 4

On Rupert’s death, Prudence, Elisabeth, Lachlan and James will each inherit one of his four votes – creating scenario in which three children could out-vote fourth in battle for future of media empire

*Youngest children, Grace (22) and Chloe (20), have no voting rights 
 

Sources: Reuters, Vanity Fair Pictures: Getty Images © GRAPHIC NEWS