Rupert Murdoch's Family Trust Change Bid Rejected

1 min read
Source: CNN
Rupert Murdoch's Family Trust Change Bid Rejected
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TL;DR Summary

Rupert Murdoch's attempt to amend his family trust to favor his son Lachlan as the successor of his media empire has been blocked by a Nevada probate commissioner. The ruling, which followed secret testimonies from Murdoch family members, criticized Rupert and Lachlan for acting in "bad faith". The proposed amendment would have given Lachlan control over the media companies, aligning with Rupert's conservative views, but was contested by his other children. The decision has intensified family tensions, reminiscent of the TV series "Succession".

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