Lachlan will become the chair of News Corp. while remaining chief executive and chair at Fox Corp., the parent of Fox News Channel.The changes make Rupert’s eldest son the undisputed leader of the media empire his father built over decades. There’s no real sign that his siblings and former rivals James and Elisabeth contested him for the top job; James in particular has distanced himself from the company and his father’s politics for several years.
After graduation, though, Lachlan plunged headlong into his father’s business, moving to Australia to work for the Murdoch newspapers that were once the core of News Corp.’s business. Many assumed he was being groomed for higher things at News Corp., and they were not wrong. Within just a few years, Lachlan was deputy CEO of the News Corp. holding company for its Australian properties; shortly thereafter, he took an executive position at News Corp.
Lachlan returned to Australia, where he has often described feeling most at home, and founded an investment group that purchased a string of local radio stations among other properties. While it took more convincing, Lachlan eventually returned to the company in 2014 as co-chairman of News Corp. alongside James.