Murdoch’s youngest daughters linked to succession battle
As Rupert Murdoch prepares to do battle with three of his own children in a Nevada courtroom this week on behalf of his eldest son, Lachlan, two more of the media mogul’s offspring will remain on the sidelines.
But inside his empire, speculation is mounting over the role his young daughters Grace, 22, and Chloe, 21, could play in the climax of his succession drama.
Mr Murdoch has applied to amend the terms of an “irrevocable” trust which hands his four children from his first two marriages an equal say in the control of his businesses after his death.
The 93-year-old aims to put the future of News Corp and Fox entirely in the hands of Lachlan, 53, whose robust Right-wing politics closely match his own.
Meanwhile, Prudence, 66, Elizabeth, 56 and James, 51, have more moderate instincts and the numbers on the trust to push influential outlets such as Fox News in a new direction after their father departs.
Related
Bank of England boss to say UK must ‘rebuild relations’…
Mr Bailey will say the changed relationship with the EU has "weighed" on the economy."The impact on trade seems to be more in goods than services... But it unde
Bank of England chief to say UK must ‘rebuild relations’…
* PASSWORDMust be at least 6 characters, include an upper and lower case character and a numberShow* YEAR OF BIRTHYou must be at least 18 years old to create an
Reeves to tell regulators to dial up risk in UK…
Stay informed with free updatesSimply sign up to the UK financial regulation myFT Digest -- delivered directly to your inbox.Chancellor Rachel Reeves will tell
Rules imposed after financial crisis have ‘gone too far’, Reeves…
Rachel Reeves has told City bankers attending her Mansion House speech that regulations put in place to protect the economy after the global financial crisis ha
