The US media indicated that if the divorce were finalized, it would not harm the legal structure of the companies run by Rupert Murdoch; namely, Fox News, The Wall Street Journal, The New York Post and the British tabloid The Sun.
“Murdoch’s fourth divorce is unlikely to alter the ownership structure of the companies in which he has stakes, which include the parent companies of Fox News y The Wall Street Journal. The Murdoch family’s shares in the companies Mr. Murdoch founded reside in a tightly managed trust. Mr. Murdoch splits the voting rights on that trust with his four eldest children, Lachlan, Elisabeth, James and Prudence, and has arranged so that he can never be outvoted,” he posted. The New York Times.
Rupert Murdoch, 91, and Jerry Hall, 65, were married in London on March 5, 2016. Although the tycoon’s estate is valued at $17.7 billion, according to Forbesthe ceremony with Hall was intimate.
Prior to this marriage, the king of the media empire married 3 times: in 1956 with Patricia Booker, with whom he has a daughter, Prudence Murdoch; in 1962 with his employee Anna Maria Torv, and as a result he has 3 children, Elisabeth, Lachlan and James Murdoch; in 1999 with Wendi Deng, the relationship leaves 2 daughters, Grace and Chloe.
“Murdoch inherited his first newspaper from his father, a war correspondent turned publisher, at age 22. The family’s publishing business at News Corp., a television and newspaper giant, is worth $9 billion (market capitalization). Murdoch sold most of Fox’s movie studio, cable channel FX, National Geographic Networks, his 30% stake in streaming service Hulu, and his stake in Star India to Disney in March 2019 for 71, 3 billion,” reported Forbes.