Rupert Murdoch loses battle to control succession to his media empire
Rupert Murdoch loses battle to control succession to his media empire
Media mogul’s three adult children will retain control despite attempt to give his son Lachlan complete control
Summary
Rupert Murdoch’s attempt to give his son Lachlan complete control over his media empire has failed.
A Nevada court ruled against Murdoch, stating he acted in bad faith and attempted to manipulate the family trust.
This decision, if upheld, will likely impact the future of Murdoch’s right-wing media empire, including Fox News and the Wall Street Journal.
Why hasn’t this fuckhead died yet? He’s a fucking scumbag.
Because only the good die young:
Reagan: 93
Thatcher: 87
Pinochet: 91
Pol Pot: 91
Kissinger: 100He's an extremely rich scumbag.
Nothing will keep you alive like hate.
And being able to afford very good medical care.
Let's hope they do the classic rich spoiled kids thing and drive the entire thing into the ground with pointless infighting and power struggles.
If I remember correctly, the reason for all this was that his other kids really aren't on board with daddy's political opinions, and would be able to overrule their brother. We'll see how it turns out.
omg plzplzplz I want this so bad.
Okay but really...I want this.
Was really hoping the headline would've read "loses battle to cancer".
I find this to be actually better: his empire will either be split up and weakened by the kids infighting, or turned into something completely against everything he worked all his life to accomplish.
We get the added bonus that he will know this, think about it, and be angry about it, until the day he dies.
I, for one, am very happy.
Luigi his ass!!!
Can we just donate it all to charity to recoup some of the untold damage he jas done to America
untold damage he has done to America
UK would like a word.
I'm not sure the UK gets to say much about the direction of the world.
Turns out an irrevocable trust is....irrevocable.
GOOD!
The courts are weak against wealth. Will have to see what happens.
This isn't a large corporation fighting a little guy, these are extremely wealthy people fighting each other. There's no one involved in this who can't afford to pay the best attorneys to fight as long as it takes
Odds on a bunch of dead Murdochs in the next couple years?
Musk will buy it, don't worr-
What the hell, I didn't know he owns the WSJ...
Fuck you, Rupert
