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Wikipedia

Lachlan Murdoch

August 23, 2023

For the actor, see Lachlan Murdoch (actor).

Lachlan Keith Murdoch (/ˈlɒklən/;[2] born 8 September 1971) is a British-American businessman and mass media heir.[1][3] He is the executive chairman of Nova Entertainment, co-chairman of News Corp, executive chairman and CEO of Fox Corporation,[4] and the founder of Australian investment company Illyria Pty Ltd.

Lachlan Murdoch
Murdoch in 2013
Born
Lachlan Keith Murdoch

(1971-09-08) 8 September 1971 (age 51)
London, England
Nationality
  • Australia
  • United Kingdom
  • United States
EducationPrinceton University (BA)
Occupation(s)Executive chairman, Nova Entertainment
Executive chairman and CEO, Fox Corporation
Co-chairman, News Corp
Spouse
​
(m. 1999)​
Children3
Parents
RelativesMurdoch
Notes

Early life and education

Lachlan Murdoch was born on 8 September 1971 at Wimbledon Hospital in Wimbledon, London, England.[5] He is the eldest son of Australian-born American media mogul Rupert Murdoch, and his former wife, Scottish journalist and author Anna Maria dePeyster (née Torv; formerly Murdoch). He was raised in New York City where his father owned the New York Post. He received his primary and secondary education at the Aspen Country Day School in Aspen, Colorado, Trinity School in New York City, and at Phillips Academy in Andover, Massachusetts. In 1994, he graduated with a bachelor's degree in philosophy from Princeton University.[6] While at Princeton, he studied philosophy with Béatrice Longuenesse and Alan Hajek.[7]

Career

News Corp executive

In 1989, Rupert Murdoch brought Lachlan Murdoch, then 18 years old, to Australia while on business, to have Lachlan trained for three months at the Daily Mirror. At the age of 22, Murdoch was appointed general manager of Queensland Newspapers, the publisher of Brisbane's Courier-Mail.[citation needed] One year later, he became publisher of Australia's first national paper, The Australian. In 1995, he was appointed deputy CEO of News Limited, executive director of News Corporation in 1996, deputy chief operating officer in 2000; he was made senior executive vice president from 1999 to 2000, and has been chairman of STAR since 1995.[citation needed]

Encouraged to invest in One.Tel by his friend Australian businessman James Packer, the son of television network owner Kerry Packer, Murdoch was extensively criticized for encouraging News Corporation's multi-hundred million-dollar investment in the start-up telecommunications company.[8] In April 2014, Murdoch and Packer agreed to an A$40 million settlement over the failure of One.Tel. The settlement was approved by the Supreme Court of New South Wales on 17 April 2014, with A$14.93 million to be paid by the Packer family's Consolidated Press Holdings, A$11.77 million to be paid by Packer's Crown Resorts and A$13.3 million to be paid by News Corp.[9]

Murdoch led an initial $10.75 million investment, of which only $2.25 million was in cash, in REA Group, and subsequently championed the retention of the investment over the objections of those who wished to sell it. The company later emerged as Australia's market leader in online real estate advertising, and in 2014 was assessed as worth more than $3.6 billion to News Corp.[10] With a personal interest in Australian rugby league, on 30 March 1995 Murdoch was at the first Super League meeting in the Atanaskovic Hartnell offices in Sydney. He and former Brisbane Broncos chief John Ribot signed up leading Canterbury-Bankstown Bulldogs players on documents which were not legally effective. Murdoch was the Broncos' number one ticket holder.[11][12][13] For the year 2001, Murdoch earned a salary of A$2.59 million.[14] In June 2005, Murdoch received the Press & Outdoor Advertising "media person of the year" award in Cannes.[15] Murdoch is one of the founding patrons (along with Anthony Pratt, Peter Lowy and Lisa Fox) of an organisation called "Advance", formerly known as the Young Australian Professionals in America.[16]

In July 2005, the 33-year-old Murdoch abruptly resigned as an executive at the News Corp. The unexplained departure apparently dashed News Corp. Chief executive Rupert Murdoch's hopes that his son would one day take over as CEO of the global media empire, which then included the Twentieth Century Fox movie studio, now a subsidiary of Disney Studios; and includes the Fox television network, several satellite broadcasters, and newspapers in Britain, Australia, and the United States. Roger Ailes, the chairman of Fox News Channel, was named chairman of News Corp's group of television stations to succeed Murdoch junior. Media speculated that his brother, James Murdoch, then chief executive of UK satellite TV company BSkyB, may succeed Rupert Murdoch.[17][18][19][20][21] During his time as an executive at News Corp, Murdoch was the deputy chief operating officer of News Corporation, now 21st Century Fox. He had oversight of HarperCollins and the company's lines of business in Australia, including REA. He also served on the board of Foxtel and as chairman of Fox Television stations and was the publisher of the New York Post.[22] He was appointed to the News Corp board in 1996.[17]

Private investment activities

On leaving News Corp with a two–year non–compete agreement,[23] Murdoch founded an Australian private investment company, Illyria Pty Ltd.,[24] and developed an eclectic mix of investments, with stakes in the Indian Premier League (IPL) cricket team Rajasthan Royals, online DVD rental company Quickflix, toy marketer Funtastic and digital media company Destra.[23] On 21 January 2008, Murdoch and James Packer announced that their companies, Illyria and Consolidated Press Holdings would seek to privatise the publicly-listed Consolidated Media Holdings. It was expected that the proposed A$3.3 billion deal would deliver Murdoch and Packer with private stakes in Foxtel, Fox Sports, Universal Media Firm, LLC and PBL Media, with the latter owning the Nine Network and ACP Magazines.[23][25] Packer eventually decided to sell down his stake in media companies in a series of transactions between 2006 and 2008,[26][27] and the deal with Murdoch collapsed.

In November 2009, Murdoch acquired 50% of Nova Entertainment via Illyria and he became chairman. In September 2012 Illyria acquired the balance of shares it did not own.[23][28]

In 2010, Packer purchased an 18% stake in Network Ten, quickly offloading half to Murdoch. Both Packer and Murdoch joined the Ten board.[29] In February 2011, Murdoch was appointed acting CEO of Ten Network Holdings after the company's board terminated the contract of CEO Grant Blackley.[30] The following month Packer unexpectedly resigned from the board.[31][32] In February 2012, the Ten board appointed Murdoch non-executive chairman of Ten Network Holdings.[33] Although Ten was already in some financial difficulties before Murdoch became CEO, by late 2012, on paper Illyria had lost A$110 million of the original A$150 million invested since 2010. The share price had fallen by about 80% and network profits had dropped by over half. In an attempt to control costs, Ten had reduced employment numbers by 160 people, and the problems were mainly attributed to falling advertising revenues and restructuring at the network. Ten purchased, at three times its original cost,[34] the Australian rights for MasterChef from the Australian subsidiary of the Shine Group, itself a subsidiary of the News Corp–owned 21st Century Fox. On 14 June 2017, Ten went into voluntary administration after Murdoch and fellow shareholder Bruce Gordon declined to extend the company's credit facility.[35][36] Two bids were received for Ten; one from Murdoch and Gordon and one from CBS Corporation - Ten's largest creditor. The CBS bid was preferred by both the administrators and creditors.[37] CBS's successful bid meant Murdoch lost his entire investment in the network.[38]

Return to the family fold

In March 2014, Murdoch was appointed as non-executive co-chairman of News Corp. and 21st Century Fox Inc. in a move that was seen as succession planning for the media empire.[39][40][41][42][43][44] Murdoch stood aside as chairman and a Director of Ten Network Holdings.[45] In June 2015 he was named as Executive Chairman of 21st Century Fox.[46]

After 21st Century Fox was acquired by Disney in March 2019, Murdoch was named as the chairman and CEO of the Fox Corporation.[47]

Lawsuits

Dominion lawsuit

Main article: Dominion v. Fox News Network

Lachlan Murdoch and his father Rupert were defendants in a $1.6 billion lawsuit filed by voting machine maker Dominion on 26 March 2021, for knowingly and maliciously spreading a false narrative accusing Dominion of election fraud. Dominion claimed in the aftermath of Donald Trump's loss of the 2020 election, Fox News began to lose viewership and was negatively impacted as President Trump criticized Fox News and bolstered competitors that would spread his narrative of fraud. Dominion continued that, under the direction of Lachlan Murdoch, Fox News connected Dominion with unsubstantiated fraud and intentionally provided a platform for guests that Fox News' hosts knew were making false and defamatory statements, while Fox News' hosts endorsed, repeated and amplified known defamatory and false statements.

Fox News Corporation requested that the case be dismissed and on 16 December 2021 the court rejected the request of Fox News with the opinion that "Dominion adequately pleaded actual malice by Fox News." 6 June 2022 Fox News Corp asked Judge Eric M. Davis to drop the lawsuit. In his opinion Judge Davis denied the request with the opinion that Dominion had shown enough evidence of actual malice on behalf of Rupert and Lachlan Murdoch of Fox Corporation to allow the case to continue.[48]

In April 2023, Fox News Corp settled with Dominion for Dominion $787.5 million.[49]

Pending lawsuits

Smartmatic lawsuit

In a lawsuit similar to Dominion's, voting machine maker Smartmatic filed a lawsuit implicating both Lachlan Murdoch and his father Rupert for US$2.7 billion on 4 February 2021. Smartmatic claims "Fox News engaged in conspiracy to spread disinformation about Smartmatic. They lied, and did so knowingly and intentionally." In March 2022, Justice David Cohen allowed the removal of several hosts as co-defendants but rejected Fox's motion for dismissal of the suit allowing it to go to the discovery phase. In a second attempt from Fox News to dismiss the lawsuit, Justice David Cohen again rejected Fox's request and gave the opinion that Smartmatic had showed a "substantial basis" for their claim that Fox News "showed a reckless disregard for the truth."[50] Both Lachlan and Rupert Murdoch's emails are being sought in discovery to show the extent to which they knew their statements were false.

Crikey controversy

Lachlan Murdoch sent a series of legal threats to Crikey, an Australian electronic magazine, after political editor Bernard Keane tied the Murdochs to the January 6 United States Capitol attack in a 29 June 2022 article.[51] Keane gave the opinion “If Trump ends up in the dock for a variety of crimes committed as president, as he should be, not all his co-conspirators will be there with him. Nixon was famously the “unindicted co-conspirator” in Watergate. The Murdochs and their slew of poisonous Fox News commentators are the unindicted co-conspirators of this continuing crisis.” Crikey originally removed the article to avoid legal persecution but later republished it with Editor Peter Fray accusing Murdoch of "using the law to silence public debate," and "seeking to intimidate us."[52]

On 21 April 2023, Murdoch's lawyers filed a notice to discontinue the case. In response, the chief executive of Private Media which owns Crikey, Will Hayward claimed victory, saying the decision amounted to a "substantial victory for legitimate public interest journalism... We stand by what we published last June, and everything we laid out in our defence to the court. The imputations drawn by Murdoch from that article were ridiculous."[53][54]

Personal life

Murdoch married British-born Australian model/actress Sarah O'Hare in 1999. The couple have two sons, Kalan Alexander, born on 9 November 2004, and Aidan Patrick, born on 6 May 2006;[55] and one daughter, Aerin Elisabeth, named for his sister and grandmother, born on 12 April 2010.[56][1]

The Murdochs owned "Berthong", a house in Elizabeth Bay, Sydney, until it was sold to Russell Crowe in 2003.[57] In November 2009, Murdoch purchased "Le Manoir", a 4,097-square-metre (44,100 sq ft) mansion in Bellevue Hill for $23 million; and purchased an adjoining 1,049-square-metre (11,290 sq ft) property two years later.[58][59] In 2017, Murdoch and his wife paid US$29 million for a large equestrian property in Aspen, Colorado, that contains a 1,250-square-metre (13,500 sq ft) six-bedroom home.[60] In 2019, they purchased the Chartwell Estate in Los Angeles for an estimated US$150 million.[61][62]

Net worth

Year Financial Review
Rich List 		Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2018[63][64] n/a unlisted n/a unlisted
2019[65][66] 18   $3.62 billion   n/a unlisted
2020[67] 22   $3.76 billion  
2021[68] 22   $4.43 billion  
2022 28   $4.00 billion  
2023[69] 33   $3.35 billion  
Legend
Icon Description
  Has not changed from the previous year
  Has increased from the previous year
  Has decreased from the previous year

Ancestry

See also

References

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  2. ^ Wells, John C. (2008), Longman Pronunciation Dictionary (3rd ed.), Longman, pp. 449 and 526, ISBN 9781405881180 According to this source, the first name is also pronounced /ˈlæklən/ in the UK.
  3. ^ Scocca, Tom (8 August 2005). "Why Lachlan Flew the Coop: It Was Rupe". The New York Observer. from the original on 25 August 2016. Retrieved 23 April 2017.
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  • This article contains content from the defunct wiki HierarchyPedia, used here under the GNU Free Documentation License

Further reading

  • Wendy Goldman Rohm Murdoch Mission (2002). Interviews with various Murdoch family members
  • Neil Chenoweth Virtual Murdoch (2001). Mainly about Rupert Murdoch
  • Paul Barry, Rich Kids, Bantam Books, 2002, ISBN 1-86325-338-6
  • Kirkpatrick, David, "Murdoch Gets a Jewel. Who'll Get His Crown?" New York Times, 28 December 2003.
  • Milliken, Robert, "Lachlan Murdoch; Heir to the Sun and Sky", The Independent (London), 7 May 1995.
  • Pappu, Sridhar, "Lachlan Murdoch, Spiky Punk Heir Right for Post?" New York Observer, 24 November 2003.
  • Salamon, Julie, "Television: An American Story; A Family That Tried to Be Both Rich and Good", New York Times, 1 October 2000.
  • Manning, Paddy, "The Successor: The High Stakes Life of Lachlan Murdoch" Black Inc [Schwartz Books Pty Ltd] 2022

External links

August 23, 2023
lachlan, murdoch, actor, actor, lachlan, keith, murdoch, born, september, 1971, british, american, businessman, mass, media, heir, executive, chairman, nova, entertainment, chairman, news, corp, executive, chairman, corporation, founder, australian, investment. For the actor see Lachlan Murdoch actor Lachlan Keith Murdoch ˈ l ɒ k l e n 2 born 8 September 1971 is a British American businessman and mass media heir 1 3 He is the executive chairman of Nova Entertainment co chairman of News Corp executive chairman and CEO of Fox Corporation 4 and the founder of Australian investment company Illyria Pty Ltd Lachlan MurdochMurdoch in 2013BornLachlan Keith Murdoch 1971 09 08 8 September 1971 age 51 London EnglandNationalityAustralia United Kingdom United StatesEducationPrinceton University BA Occupation s Executive chairman Nova EntertainmentExecutive chairman and CEO Fox CorporationCo chairman News CorpSpouseSarah O Hare m 1999 wbr Children3ParentsRupert Murdoch father Anna Maria Torv mother RelativesMurdochNotes 1 Contents 1 Early life and education 2 Career 2 1 News Corp executive 2 2 Private investment activities 2 3 Return to the family fold 3 Lawsuits 3 1 Dominion lawsuit 4 Pending lawsuits 4 1 Smartmatic lawsuit 4 2 Crikey controversy 5 Personal life 5 1 Net worth 5 2 Ancestry 6 See also 7 References 8 Further reading 9 External linksEarly life and education EditLachlan Murdoch was born on 8 September 1971 at Wimbledon Hospital in Wimbledon London England 5 He is the eldest son of Australian born American media mogul Rupert Murdoch and his former wife Scottish journalist and author Anna Maria dePeyster nee Torv formerly Murdoch He was raised in New York City where his father owned the New York Post He received his primary and secondary education at the Aspen Country Day School in Aspen Colorado Trinity School in New York City and at Phillips Academy in Andover Massachusetts In 1994 he graduated with a bachelor s degree in philosophy from Princeton University 6 While at Princeton he studied philosophy with Beatrice Longuenesse and Alan Hajek 7 Career EditNews Corp executive Edit In 1989 Rupert Murdoch brought Lachlan Murdoch then 18 years old to Australia while on business to have Lachlan trained for three months at the Daily Mirror At the age of 22 Murdoch was appointed general manager of Queensland Newspapers the publisher of Brisbane s Courier Mail citation needed One year later he became publisher of Australia s first national paper The Australian In 1995 he was appointed deputy CEO of News Limited executive director of News Corporation in 1996 deputy chief operating officer in 2000 he was made senior executive vice president from 1999 to 2000 and has been chairman of STAR since 1995 citation needed Encouraged to invest in One Tel by his friend Australian businessman James Packer the son of television network owner Kerry Packer Murdoch was extensively criticized for encouraging News Corporation s multi hundred million dollar investment in the start up telecommunications company 8 In April 2014 Murdoch and Packer agreed to an A 40 million settlement over the failure of One Tel The settlement was approved by the Supreme Court of New South Wales on 17 April 2014 with A 14 93 million to be paid by the Packer family s Consolidated Press Holdings A 11 77 million to be paid by Packer s Crown Resorts and A 13 3 million to be paid by News Corp 9 Murdoch led an initial 10 75 million investment of which only 2 25 million was in cash in REA Group and subsequently championed the retention of the investment over the objections of those who wished to sell it The company later emerged as Australia s market leader in online real estate advertising and in 2014 was assessed as worth more than 3 6 billion to News Corp 10 With a personal interest in Australian rugby league on 30 March 1995 Murdoch was at the first Super League meeting in the Atanaskovic Hartnell offices in Sydney He and former Brisbane Broncos chief John Ribot signed up leading Canterbury Bankstown Bulldogs players on documents which were not legally effective Murdoch was the Broncos number one ticket holder 11 12 13 For the year 2001 Murdoch earned a salary of A 2 59 million 14 In June 2005 Murdoch received the Press amp Outdoor Advertising media person of the year award in Cannes 15 Murdoch is one of the founding patrons along with Anthony Pratt Peter Lowy and Lisa Fox of an organisation called Advance formerly known as the Young Australian Professionals in America 16 In July 2005 the 33 year old Murdoch abruptly resigned as an executive at the News Corp The unexplained departure apparently dashed News Corp Chief executive Rupert Murdoch s hopes that his son would one day take over as CEO of the global media empire which then included the Twentieth Century Fox movie studio now a subsidiary of Disney Studios and includes the Fox television network several satellite broadcasters and newspapers in Britain Australia and the United States Roger Ailes the chairman of Fox News Channel was named chairman of News Corp s group of television stations to succeed Murdoch junior Media speculated that his brother James Murdoch then chief executive of UK satellite TV company BSkyB may succeed Rupert Murdoch 17 18 19 20 21 During his time as an executive at News Corp Murdoch was the deputy chief operating officer of News Corporation now 21st Century Fox He had oversight of HarperCollins and the company s lines of business in Australia including REA He also served on the board of Foxtel and as chairman of Fox Television stations and was the publisher of the New York Post 22 He was appointed to the News Corp board in 1996 17 Private investment activities Edit On leaving News Corp with a two year non compete agreement 23 Murdoch founded an Australian private investment company Illyria Pty Ltd 24 and developed an eclectic mix of investments with stakes in the Indian Premier League IPL cricket team Rajasthan Royals online DVD rental company Quickflix toy marketer Funtastic and digital media company Destra 23 On 21 January 2008 Murdoch and James Packer announced that their companies Illyria and Consolidated Press Holdings would seek to privatise the publicly listed Consolidated Media Holdings It was expected that the proposed A 3 3 billion deal would deliver Murdoch and Packer with private stakes in Foxtel Fox Sports Universal Media Firm LLC and PBL Media with the latter owning the Nine Network and ACP Magazines 23 25 Packer eventually decided to sell down his stake in media companies in a series of transactions between 2006 and 2008 26 27 and the deal with Murdoch collapsed In November 2009 Murdoch acquired 50 of Nova Entertainment via Illyria and he became chairman In September 2012 Illyria acquired the balance of shares it did not own 23 28 In 2010 Packer purchased an 18 stake in Network Ten quickly offloading half to Murdoch Both Packer and Murdoch joined the Ten board 29 In February 2011 Murdoch was appointed acting CEO of Ten Network Holdings after the company s board terminated the contract of CEO Grant Blackley 30 The following month Packer unexpectedly resigned from the board 31 32 In February 2012 the Ten board appointed Murdoch non executive chairman of Ten Network Holdings 33 Although Ten was already in some financial difficulties before Murdoch became CEO by late 2012 on paper Illyria had lost A 110 million of the original A 150 million invested since 2010 The share price had fallen by about 80 and network profits had dropped by over half In an attempt to control costs Ten had reduced employment numbers by 160 people and the problems were mainly attributed to falling advertising revenues and restructuring at the network Ten purchased at three times its original cost 34 the Australian rights for MasterChef from the Australian subsidiary of the Shine Group itself a subsidiary of the News Corp owned 21st Century Fox On 14 June 2017 Ten went into voluntary administration after Murdoch and fellow shareholder Bruce Gordon declined to extend the company s credit facility 35 36 Two bids were received for Ten one from Murdoch and Gordon and one from CBS Corporation Ten s largest creditor The CBS bid was preferred by both the administrators and creditors 37 CBS s successful bid meant Murdoch lost his entire investment in the network 38 Return to the family fold Edit In March 2014 Murdoch was appointed as non executive co chairman of News Corp and 21st Century Fox Inc in a move that was seen as succession planning for the media empire 39 40 41 42 43 44 Murdoch stood aside as chairman and a Director of Ten Network Holdings 45 In June 2015 he was named as Executive Chairman of 21st Century Fox 46 After 21st Century Fox was acquired by Disney in March 2019 Murdoch was named as the chairman and CEO of the Fox Corporation 47 Lawsuits EditDominion lawsuit Edit Main article Dominion v Fox News Network Lachlan Murdoch and his father Rupert were defendants in a 1 6 billion lawsuit filed by voting machine maker Dominion on 26 March 2021 for knowingly and maliciously spreading a false narrative accusing Dominion of election fraud Dominion claimed in the aftermath of Donald Trump s loss of the 2020 election Fox News began to lose viewership and was negatively impacted as President Trump criticized Fox News and bolstered competitors that would spread his narrative of fraud Dominion continued that under the direction of Lachlan Murdoch Fox News connected Dominion with unsubstantiated fraud and intentionally provided a platform for guests that Fox News hosts knew were making false and defamatory statements while Fox News hosts endorsed repeated and amplified known defamatory and false statements Fox News Corporation requested that the case be dismissed and on 16 December 2021 the court rejected the request of Fox News with the opinion that Dominion adequately pleaded actual malice by Fox News 6 June 2022 Fox News Corp asked Judge Eric M Davis to drop the lawsuit In his opinion Judge Davis denied the request with the opinion that Dominion had shown enough evidence of actual malice on behalf of Rupert and Lachlan Murdoch of Fox Corporation to allow the case to continue 48 In April 2023 Fox News Corp settled with Dominion for Dominion 787 5 million 49 Pending lawsuits EditSmartmatic lawsuit Edit In a lawsuit similar to Dominion s voting machine maker Smartmatic filed a lawsuit implicating both Lachlan Murdoch and his father Rupert for US 2 7 billion on 4 February 2021 Smartmatic claims Fox News engaged in conspiracy to spread disinformation about Smartmatic They lied and did so knowingly and intentionally In March 2022 Justice David Cohen allowed the removal of several hosts as co defendants but rejected Fox s motion for dismissal of the suit allowing it to go to the discovery phase In a second attempt from Fox News to dismiss the lawsuit Justice David Cohen again rejected Fox s request and gave the opinion that Smartmatic had showed a substantial basis for their claim that Fox News showed a reckless disregard for the truth 50 Both Lachlan and Rupert Murdoch s emails are being sought in discovery to show the extent to which they knew their statements were false Crikey controversy Edit Lachlan Murdoch sent a series of legal threats to Crikey an Australian electronic magazine after political editor Bernard Keane tied the Murdochs to the January 6 United States Capitol attack in a 29 June 2022 article 51 Keane gave the opinion If Trump ends up in the dock for a variety of crimes committed as president as he should be not all his co conspirators will be there with him Nixon was famously the unindicted co conspirator in Watergate The Murdochs and their slew of poisonous Fox News commentators are the unindicted co conspirators of this continuing crisis Crikey originally removed the article to avoid legal persecution but later republished it with Editor Peter Fray accusing Murdoch of using the law to silence public debate and seeking to intimidate us 52 On 21 April 2023 Murdoch s lawyers filed a notice to discontinue the case In response the chief executive of Private Media which owns Crikey Will Hayward claimed victory saying the decision amounted to a substantial victory for legitimate public interest journalism We stand by what we published last June and everything we laid out in our defence to the court The imputations drawn by Murdoch from that article were ridiculous 53 54 Personal life EditMurdoch married British born Australian model actress Sarah O Hare in 1999 The couple have two sons Kalan Alexander born on 9 November 2004 and Aidan Patrick born on 6 May 2006 55 and one daughter Aerin Elisabeth named for his sister and grandmother born on 12 April 2010 56 1 The Murdochs owned Berthong a house in Elizabeth Bay Sydney until it was sold to Russell Crowe in 2003 57 In November 2009 Murdoch purchased Le Manoir a 4 097 square metre 44 100 sq ft mansion in Bellevue Hill for 23 million and purchased an adjoining 1 049 square metre 11 290 sq ft property two years later 58 59 In 2017 Murdoch and his wife paid US 29 million for a large equestrian property in Aspen Colorado that contains a 1 250 square metre 13 500 sq ft six bedroom home 60 In 2019 they purchased the Chartwell Estate in Los Angeles for an estimated US 150 million 61 62 Net worth Edit Year Financial ReviewRich List ForbesAustralia s 50 RichestRank Net worth A Rank Net worth US 2018 63 64 n a unlisted n a unlisted2019 65 66 18 3 62 billion n a unlisted2020 67 22 3 76 billion 2021 68 22 4 43 billion 2022 28 4 00 billion 2023 69 33 3 35 billion LegendIcon Description Has not changed from the previous year Has increased from the previous year Has decreased from the previous year Ancestry Edit Ancestors of Lachlan Murdoch16 James Murdoch8 Patrick John Murdoch17 Helen Garden4 Keith Murdoch18 George Brown9 Annie Brown19 Mary2 Rupert Murdoch20 William Henry Greene10 Rupert Greene21 Fanny Covett5 Elisabeth Greene22 Robert Forth11 Marie Grace de Lancey Forth23 Anne Thomson Ware1 Lachlan Murdoch24 Taniel Torv12 Jaan Torv25 Ann Koosel6 Jacob Torv26 Jakob Tonisson13 Anna Tonisson27 Anna Jurgens3 Anna Torv7 Sylvia BraidaSee also EditMurdoch familyReferences Edit a b c Jukes Peter 8 August 2012 The Fall of the House of Murdoch Fourteen Days That Ended a Media Dynasty London Unbound published 2012 ISBN 978 1 908717 43 6 Wells John C 2008 Longman Pronunciation Dictionary 3rd ed Longman pp 449 and 526 ISBN 9781405881180 According to this source the first name is also pronounced ˈ l ae k l e n in the UK Scocca Tom 8 August 2005 Why Lachlan Flew the Coop It Was Rupe The New York Observer Archived from the original on 25 August 2016 Retrieved 23 April 2017 Ellison Sarah 20 March 2019 Lachlan Murdoch takes control of Fox Corp But how will he deal with President Trump The Washington Post The Washington Post Archived from the original on 28 March 2019 Retrieved 21 March 2019 Rohm Wendy Goldman 12 March 2002 The Murdoch Mission The Digital Transformation of a Media Empire John Wiley amp Sons ISBN 978 0 471 20539 5 Archived from the original on 14 August 2023 Retrieved 2 January 2022 Barnes Brooks Ember Sydney 22 April 2017 In House of Murdoch Sons Set About an Elaborate Overhaul The New York Times Archived from the original on 23 April 2017 Retrieved 23 April 2017 Maass Peter How Lachlan Murdoch Went from Studying Philosophy at Princeton to Exploiting White Nationalism at Fox News The Intercept Archived from the original on 21 January 2020 Retrieved 8 February 2020 Luckhurst Tim 31 July 2005 So where does Rupert Murdoch go from here The Independent on Sunday Archived from the original on 22 July 2011 Retrieved 10 April 2010 Butler Ben 17 April 2014 Court approves 40m One Tel settlement The Age Archived from the original on 19 April 2014 Retrieved 17 April 2014 How Lachlan Murdoch turned 10 million into more than 3 billion Big News Network 5 February 2014 Archived from the original on 13 February 2014 Retrieved 13 February 2014 Chenoweth Neil 5 August 2005 Lachlan s legacy 560m lost on Super League The Australian Financial Review South Sydney Rabbitohs Archived from the original on 14 March 2006 Retrieved 14 February 2015 Bronco Magazine 2002 Masters Roy 13 August 2014 Brisbane Broncos cross the line in political divide The Sydney Morning Herald Archived from the original on 16 August 2014 Retrieved 14 February 2015 Mayne Stephen 7 October 2001 Rappers Fulon Gong and lots of questions Crikey Archived from the original on 26 May 2005 Retrieved 14 February 2015 Lachlan Murdoch heckled in Cannes The Sydney Morning Herald 23 June 2005 Archived from the original on 15 February 2015 Retrieved 14 February 2015 Allen Ken 18 November 2005 2005 Advance Benefit Dinner PDF Speech Cipriani Wall Street New York City Australian Consul General New York Archived from the original PDF on 24 August 2006 Retrieved 14 February 2015 a b Tryhorn Chris 29 July 2005 Lachlan Murdoch resigns from News Corp The Guardian Australia Archived from the original on 15 February 2015 Retrieved 14 February 2015 Fishman Steve 19 September 2005 The Boy Who Wouldn t Be King New York Archived from the original on 19 July 2008 Retrieved 14 February 2015 Porter Jeni 14 September 2005 Why Lachlan Murdoch quit The Age Archived from the original on 25 August 2012 Retrieved 14 February 2015 Gibson Owen Milmo Dan 1 August 2005 End of the line The Guardian Australia Archived from the original on 14 August 2023 Retrieved 14 February 2015 Lieberman David Petrecca Laura 29 July 2005 Murdoch s oldest son leaves empire USA Today Archived from the original on 4 September 2012 Retrieved 14 February 2015 Lachlan Murdoch Our leadership News Corp 2015 Archived from the original on 15 February 2015 Retrieved 14 February 2015 a b c d Steffens Miriam 19 November 2011 Building another Murdoch empire The Sydney Morning Herald Archived from the original on 8 January 2015 Retrieved 14 February 2015 Company Overview of Illyria Pty Ltd Bloomberg Business Bloomberg 2005 Archived from the original on 16 February 2015 Retrieved 14 February 2015 Murdoch junior to seize control of old Packer empire Scopical com au 21 January 2008 Retrieved 17 March 2008 dead link Williams Pamela 22 July 2013 Killing Fairfax Packer Murdoch amp The Ultimate Revenge HarperCollins pp 140 150 159 160 213 222 Archived from the original on 23 October 2013 Retrieved 21 October 2013 Packer James 13 September 2013 James Packer on building a new Sydney casino Interview Interviewed by Helia Ebrahimi CNBC Retrieved 23 October 2013 Lachlan Murdoch acquires other half of DMG Radio MediaSpy 2 September 2012 Archived from the original on 23 November 2012 Retrieved 3 September 2012 Packer Murdoch accept seats on Ten board ABC News Australia 9 November 2010 Archived from the original on 12 November 2010 Retrieved 9 November 2010 Janda Michael 23 February 2011 Lachlan Murdoch appointed acting Ten CEO ABC News Australia Archived from the original on 25 February 2011 Retrieved 23 February 2011 Le May Rebecca 3 March 2011 James Packer quits Ten board The Advertiser Adelaide Archived from the original on 5 March 2011 Retrieved 13 February 2014 via adelaidenow com Magee Antonia 2 March 2011 James Packer Lachlan Murdoch fall out over new Ten Network chief James Warburton Herald Sun Archived from the original on 23 July 2013 Retrieved 21 August 2012 Ten Appoints New Chairman PDF Press release Ten Network Holdings 10 February 2012 Archived from the original PDF on 17 March 2012 Retrieved 25 July 2015 Barry Paul 15 November 2012 Thanks to Lachlan Ten ripe for the picking Crikey Archived from the original on 25 February 2013 Retrieved 20 November 2012 Danckert Sarah 14 June 2017 Network Ten heads into voluntary administration The Sydney Morning Herald Sydney Archived from the original on 29 August 2017 Retrieved 14 June 2017 Pash Chris 14 June 2017 The Ten network is in administration Business Insider Australia Sydney Archived from the original on 14 June 2017 Retrieved 14 June 2017 Kruger Colin 20 September 2017 CBS won because Network Ten employees didn t want Lachlan Murdoch to come back The Sydney Morning Herald Archived from the original on 21 February 2018 Retrieved 4 November 2017 Patrick Aaron 10 November 2017 Ten CBS hearing descends into near farce as court clears takeover bid Australian Financial Review Archived from the original on 13 November 2017 Retrieved 14 November 2017 Thomson Amy 27 March 2014 Murdoch Promotes Son Lachlan in Succession Plan for Empire Bloomberg Business Bloomberg Archived from the original on 16 February 2015 Retrieved 14 February 2015 Peers Martin Evans Peter 26 March 2014 Sons of Rupert Murdoch Get Expanded Roles The Wall Street Journal Archived from the original on 15 February 2015 Retrieved 14 February 2015 Chenoweth Neil 29 March 2014 Inside the Murdoch dynasty The Australian Financial Review Archived from the original on 15 February 2015 Retrieved 14 February 2015 Williams Christopher 26 March 2014 Rupert Murdoch s eldest son Lachlan takes co chairman role in succession plan The Telegraph United Kingdom Archived from the original on 15 February 2015 Retrieved 14 February 2015 McNair Brian 28 March 2014 Lachlan Murdoch and News the first born son is ahead for now The Conversation Archived from the original on 15 February 2015 Retrieved 14 February 2015 Mayne Stephen 28 March 2014 Lachlan Murdoch lured back to News Corp but which office does he get SmartCompany Archived from the original on 15 February 2015 Retrieved 14 February 2015 Changes to Ten s Board of Directors PDF Press release Ten Network Holdings 26 March 2014 Archived from the original PDF on 15 February 2015 Retrieved 23 October 2014 Lachlan Murdoch named executive co chairman 21st Century Fox Mediaweek 16 June 2015 Archived from the original on 17 September 2016 Retrieved 16 September 2016 Holloway Joe Otterson Daniel Otterson Joe Holloway Daniel 21 March 2019 New Fox CEO Lachlan Murdoch Announces All Employees to Receive Stock in Company Archived from the original on 29 September 2019 Retrieved 21 March 2019 a href Template Cite web html title Template Cite web cite web a CS1 maint multiple names authors list link Fox Corp Must Face 1 6 Billion Defamation Lawsuit That Dominion Claims Goes to the Top of the Murdoch Empire Judge Rules Law amp Crime 22 June 2022 Archived from the original on 30 June 2022 Retrieved 17 August 2022 Dominion Fox News Trial Fox News Settles Defamation Suit for 787 5 Million Dominion Says 18 April 2023 Archived from the original on 30 April 2023 Retrieved 28 July 2023 SmartMatic Lawsuit Updates amp Fact Checks 16 August 2022 Archived from the original on 17 August 2022 Retrieved 17 August 2022 Australian site Crikey fights back after Lachlan Murdoch threatens to sue NPR npr org Archived from the original on 13 April 2023 Retrieved 12 April 2023 Lachlan Murdoch Goes to War With Website Blaming Him for Jan 6 news yahoo com 15 August 2022 Archived from the original on 17 August 2022 Retrieved 17 August 2022 Heath Parkes Hupton 21 April 2023 Lachlan Murdoch drops defamation case against Crikey publisher ABC News Australia Archived from the original on 26 April 2023 Retrieved 26 April 2023 Amanda Meade 21 April 2023 Lachlan Murdoch drops defamation proceedings against independent Australian publisher Crikey The Guardian Archived from the original on 25 April 2023 Retrieved 26 April 2023 Murdochs welcome their second son Herald Sun 7 May 2006 Retrieved 11 March 2008 Bibby Paul 13 April 2010 New baby for Murdochs The Age Archived from the original on 17 June 2010 Retrieved 23 December 2013 Sams Christine 1 June 2003 On the move with Russell and Danielle The Sun Herald Archived from the original on 1 February 2018 Retrieved 11 March 2008 Chancellor Jonathan 26 February 2011 Murdochs buy next door to expand fiefdom The Sydney Morning Herald Archived from the original on 15 February 2015 Retrieved 14 February 2015 Thistleton Rebecca Hutchinson Samantha 23 September 2013 Murdochs begin 11 6m overhaul of Bellevue Hill mansion The Australian Financial Review Archived from the original on 15 February 2015 Retrieved 11 March 2008 Clarke Katherine 21 September 2017 Lachlan Murdoch Pays 29 Million for an Aspen Colo Home The Wall Street Journal Archived from the original on 12 November 2020 Retrieved 18 December 2020 Frank Frank DiLella Chris 12 December 2019 Take a look inside of Lachlan Murdoch s new 150 million LA mansion CNBC Archived from the original on 25 June 2020 Retrieved 25 June 2020 Geier Thom 12 December 2019 Lachlan Murdoch Buys Beverly Hillbillies Mansion in Bel Air for Record 150 Million TheWrap Archived from the original on 12 November 2020 Retrieved 27 August 2020 Stensholt John ed 25 May 2018 2018 AFR Rich List Who are Australia s richest people The Australian Financial Review Archived from the original on 26 May 2018 Retrieved 26 May 2018 Australia s Richest 2017 Country s Wealthiest Continue Mining For Dollars Forbes Asia 1 November 2017 Archived from the original on 15 August 2019 Retrieved 28 September 2019 Bailey Michael 30 May 2019 Australia s 200 richest people revealed The Australian Financial Review Nine Publishing Archived from the original on 3 September 2019 Retrieved 31 May 2019 2019 Australia s 50 Richest Forbes Asia January 2019 Archived from the original on 10 June 2015 Retrieved 28 September 2019 Bailey Michael Sprague Julie anne 30 October 2020 The full list Australia s wealthiest 200 revealed The Australian Financial Review Nine Publishing Archived from the original on 30 October 2020 Retrieved 31 October 2020 Bailey Michael Sprague Julie anne 27 May 2021 The 200 richest people in Australia revealed Australian Financial Review Archived from the original on 27 May 2021 Retrieved 28 May 2021 Bailey Michael Sprague Julie anne 26 May 2023 The 200 richest people in Australia revealed Australian Financial Review Archived from the original on 6 June 2023 Retrieved 6 June 2023 This article contains content from the defunct wiki HierarchyPedia used here under the GNU Free Documentation LicenseFurther reading EditWendy Goldman Rohm Murdoch Mission 2002 Interviews with various Murdoch family members Neil Chenoweth Virtual Murdoch 2001 Mainly about Rupert Murdoch Paul Barry Rich Kids Bantam Books 2002 ISBN 1 86325 338 6 Kirkpatrick David Murdoch Gets a Jewel Who ll Get His Crown New York Times 28 December 2003 Milliken Robert Lachlan Murdoch Heir to the Sun and Sky The Independent London 7 May 1995 Pappu Sridhar Lachlan Murdoch Spiky Punk Heir Right for Post New York Observer 24 November 2003 Salamon Julie Television An American Story A Family That Tried to Be Both Rich and Good New York Times 1 October 2000 Manning Paddy The Successor The High Stakes Life of Lachlan Murdoch Black Inc Schwartz Books Pty Ltd 2022External links EditAppearances on C SPAN Lachlan Murdoch on Charlie Rose Murdoch Lachlan 12 May 2008 2002 Andrew Olle Media Lecture transcript Speech Westin Hotel Sydney Australia ABC Local Radio Lachlan Murdoch collected news and commentary at The New York Times Strupp Joe 16 December 2002 Murdoch the Next Generation Editor amp Publisher Totaro Paula March 2012 The reluctant son The Monthly Statement of Changes of Beneficial Ownership U S Securities and Exchange Commission News Corp 8 December 2009 Archived from the original on 14 July 2011 Retrieved 22 December 2009 Portals Australia Biography Business and economicsLachlan Murdoch at Wikipedia s sister projects Media from Commons Data from Wikidata Retrieved from https en wikipedia org w index php title Lachlan Murdoch amp oldid 1170429586, wikipedia, wiki, book, books, library,

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