Meet the Murdoch family: Rupert Murdoch's media empire heirs - Business Insider

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A nearly $18 billion media empire, 6 children, and a succession battle: Meet the Murdoch family

Rupert Murdoch in 2017.Murdoch's name is synonymous with media and influence. He has built an empire that comprises Fox News, The Wall Street Journal, The Times of London, and other networks and newspapers all across the world.Over the span of his five-decade career, he has been married four times and fathered six children, many of whom are involved in the family business., netting $12 billion that he then distributed equally between his six children.

His two sons, James and Lachlan, have long been considered the most likely to step into Rupert's shoes, but James just took himself out of the running by leaving the board of News Corp. citing "disagreements over certain editorial content." Beforehand, James had lost out to Lachlan in the race to take over at the famously conservative Fox News.James Murdoch, once the heir apparent, recently resigned from the board of News Corp.

 

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