Even if Rupert Murdoch’s empire is unlikely to change, the media mogul’s fourth divorce could have an impact on firms like Fox News and The Wall Street Journal.
Rupert Murdoch and Jerry Hall, the famous media magnate and model and actress, have chosen to end their marriage and divorce, according to two people acquainted with the matter. The participants agreed to keep their identities a secret when addressing a delicate subject in order to protect their own privacy.
Bryce Tom, Mr. Murdoch’s spokesman, declined to comment on the situation. Representatives of Ms. Hall could not be reached directly away for comment.
With this being Mr. Murdoch’s fourth divorce, it is unlikely that the ownership structure of the companies he has shared will change. Both Fox News and The Wall Street Journal’s parent company are on the list of these firms to be included. The trust that holds the Murdoch family’s holdings in Mr. Murdoch’s businesses is meticulously managed. Murdoch has divided his trust voting rights among his four eldest children: Lachlan (the oldest), Elisabeth (the second oldest), James (the third oldest), and Prudence (the fourth oldest). He has set up the voting rights in such a way that none of his children will ever be able to outvote him.
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Regardless, the breakup could have ramifications for the rest of his corporate empire. When it comes to right-leaning news brands such as Fox News Channel, The Sun, and Sky News in various places around the world; he wields a tremendous influence.
Aides and family members said he was glad to spend more time with his new wife at the beginning of their marriage, giving his children, particularly his chosen successor, Lachlan, the chance to establish themselves at the top of the business hierarchy.
They were surprised when they learned of Mr. Murdoch‘s breakup with Ms. Hall.
Mr. Murdoch and Ms. Hall were married at a historic London mansion in March of this year. For the occasion, Mr. Murdoch announced on Twitter that he would no longer be posting on the platform, referring to himself as “the luckiest and happiest man in the world” in the announcement
When Hall and Murdoch first met in October and December, they became the topic of competing tabloids, with paparazzi frequently capturing the two of them smiling brightly on a picture-perfect beach, a cold football stadium, or at an exclusive black-tie event.
An attendee of Rupert Murdoch’s 90th birthday party claimed that Ms. Hall was there at Tavern on the Green in Central Park’s upscale neighborhood. Ms. Hall is said to have lavished Mr. Murdoch with affection during the festivities, which were attended by a number of prominent personalities from the realms of business, athletics, and politics.
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Wendi Deng, a businesswoman, and investor was Mr. Murdoch’s wife from 1999 to 2014. In 2014, they were still married. He divorced his second wife, Anna, in 1999 after more than three decades of marriage. Anna was a former journalist. Mr. Murdoch’s first wife was an Australian model named Patricia Booker. In 1965, the pair split up. Mr. Murdoch’s first wife was Patricia.
She divorced Mick Jagger in 1999 after their marriage was ruled null and void by a court of law.