Summary

A U.S. court blocked Rupert Murdoch’s attempt to amend his family trust to give control of his media empire to his son Lachlan, deeming it a “carefully crafted charade” favoring Lachlan over his siblings.

The trust is currently set to equally divide control among Murdoch’s four eldest children after his death.

The ruling highlighted bad faith efforts by Rupert and Lachlan and was welcomed by the other siblings.

Murdoch and Lachlan plan to appeal the decision, which has sparked internal family tensions likened to the TV drama Succession.

  • Nomecks
    link
    fedilink
    English
    arrow-up
    15
    ·
    2 days ago

    I hope his children destroy his estate through their greed.

    • MonkeMischief@lemmy.today
      link
      fedilink
      English
      arrow-up
      3
      ·
      2 days ago

      I’d hope his children would heel-turn and dismantle his empire after deciding they don’t want to be an evil misanthropic Palpatine like him…

      …but I’m a bit of an idealist. =\

    • interurbain1er@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      4
      arrow-down
      1
      ·
      1 day ago

      Lachlan is a masculine name of Irish origin, meaning “from the land of lakes” or “from the fjord land.” It is an Anglicized version of the Gaelic and Scottish Lachlann, which means “warrior from the land of the lochs” with loch meaning “lake” or “fjord” and lann translating to “land.”

      Google is your friend.