Rupert Murdoch has had a shockingly busy year, given the fact that he’s 92 years old. In March, he got engaged to a shady grifter who was too churchy for his taste, so he ended the engagement after six weeks. He was last seen sailing off into the sunset with a new Russian girlfriend in August. Back in April, Fox News also settled out of court with Dominion Voting Systems – the News Corp payout was $787 million, all because their anchors spread Donald Trump’s election lies in 2020. So, yeah… a busy year. Apparently, Rupert has seen enough and he’s now stepping down from the Fox and News Corp boards.
Rupert Murdoch is retiring from the Fox and News Corporation boards, the company is set to announce Thursday morning, making his son Lachlan the sole executive in charge of the global media empire he built from a small local newspaper concern in Australia starting 70 years ago.
The elder Mr. Murdoch will become chairman emeritus of the two companies,the company said in a release.
Mr. Murdoch, 92, had shown no intention to step down or even slow down — even after he named Lachlan as the heir to his business empire in 2019, when he sold his vast entertainment holdings to the Walt Disney Company.
Even now, in his emeritus status, he will continue to offer counsel, Lachlan Murdoch said in a statement.
“We thank him for his vision, his pioneering spirit, his steadfast determination, and the enduring legacy he leaves to the companies he founded and countless people he has impacted.,” Lachlan Murdoch, 52, said in a release the company put out Thursday morning.
Sounds like Rupert will still be involved, just not to the degree he once was. This isn’t a full retirement, that’s all I’m saying. It looks like Lachlan was his dad’s bestest boy. James Murdoch broke away from his father’s empire and is now on the outside looking in (with billions of dollars). James and Prince Harry are also in touch, which Harry revealed in his lawsuit against News Group Newspapers (Murdoch’s British media arm). Anyway, I can practically hear the “Succession” theme song playing as I write. We’ll see how this all pans out, because I guarantee that Rupert will still be intimately involved in A LOT.
Photos courtesy of Avalon Red, Cover Images.
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- Celebrities at Scott’s restaurant in London, United Kingdom,Image: 374623890, License: Rights-managed, Restrictions: , Model Release: no
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Lachlan Murdoch, Rupert Murdoch and James Murdoch attends a Blessing at St.Brides Church in London.
Jerry Hall and Rubert Murdoch’s Wedding, St.Brides Church, London, England, 05/03/16,Image: 529819980, License: Rights-managed, Restrictions: WORLD RIGHTS – Fee Payable Upon Reproduction – For queries contact Photoshot – [email protected] London: 44 (0) 20 7421 6000 Los Angeles: 1 (310) 822 0419 Berlin: 49 (0) 30 76 212 251, Model Release: no, Credit line: Euan Cherry / Avalon
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, Los Angeles, CA -20190224 Celebrities pose for pictures as they arrive at the 2019 Vanity Fair Oscar Party hosted by Radhika Jones at Wallis Annenberg Center for the Performing Arts in Beverly Hills.
-PICTURED: Rupert Murdoch
-PHOTO by: Milla Cochran/startraksphoto.comThis is an editorial, rights-managed image. Please contact Startraks Photo for licensing fee and rights information at [email protected] or call 1 212 414 9464 This image may not be published in any way that is, or might be deemed to be, defamatory, libelous, pornographic, or obscene. Please consult our sales department for any clarification needed prior to publication and use. Startraks Photo reserves the right to pursue unauthorized users of this material. If you are in violation of our intellectual property rights or copyright you may be liable for damages, loss of income, any profits you derive from the unauthorized use of this material and, where appropriate, the cost of collection and/or any statutory damages awarded
Featuring: Rupert Murdoch
Where: Los Angeles, California, United States
When: 24 Feb 2019
Credit: Milla Cochran/startraksphoto.com
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, New York, NY – 20191119 Celebrities pose for pictures as they arrive at the Citymeals on Wheels 33rd annual power lunch for women.
-PICTURED: Rupert Murdoch
-PHOTO by: Kristin Callahan/ACE Pictures/INSTARimages.com
-111919_Citymeals_K014Disclaimer:
This is an editorial, rights-managed image. Please contact INSTAR Images for licensing fee and rights information at [email protected] or call 1 212 414 0207. This image may not be published in any way that is, or might be deemed to be, defamatory, libelous, pornographic, or obscene. Please consult our sales department for any clarification needed prior to publication and use. INSTAR Images reserves the right to pursue unauthorized users of this material. If you are in violation of our intellectual property rights or copyright you may be liable for damages, loss of income, any profits you derive from the unauthorized use of this material and, where appropriate, the cost of collection and/or any statutory damages awarded
For images containing underage children: Be advised that some Countries may have restricted privacy laws against publishing images of underage children. Inform yourself! Underage children may need to be removed or have their face pixelated before publishingFeaturing: Rupert Murdoch
Where: New York, New York, United States
When: 19 Nov 2019
Credit: Kristin Callahan/ACE Pictures/INSTARimages.com
