this post was submitted on 10 Dec 2024
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World News

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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.

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[–] [email protected] 17 points 2 weeks ago (1 children)

I hope his children destroy his estate through their greed.

[–] [email protected] 6 points 2 weeks 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. =\