CNN Business
By Allison Morrow, CNN
Updated 3:22 PM EDT, Thu September 21, 2023
Lachlan Murdoch, the eldest son of Rupert Murdoch, has been anointed to take over his father’s vast media empire, capping years of rampant media speculation and thinly veiled fraternal feuding.
The decision, announced Thursday, makes 52-year-old Lachlan the sole chairman of Fox News’ parent company, Fox Corporation, and News Corporation, owner of the Wall Street Journal, the New York Post and other newspapers.
Although his closest siblings, Elisabeth and James, had previously been seen as contenders for the throne, Lachlan’s ascension became all but guaranteed over the past few years. In lock step with his dad, Lachlan has co-chaired both Fox and News corporations, and was named CEO of Fox News in 2019.