As Rupert Murdoch’s marriage to actress Jerry Hall reportedly ends, the question everyone is asking is how it will affect News Corp and Rupert’s heir apparent Lachlan.
He controls News Corp and Fox Corporation through a Nevada-based family trust that holds roughly a 40 per cent stake in voting shares of each company.
Rather, Ms Hall’s life looks set for an overhaul. She was known to travel with the media mogul and host News Corp dinners, and was an active presence at events Mr Murdoch attended.It is not known whether Mr Murdoch and Ms Hall had signed a prenuptial agreement; however, it is likely they did, considering Mr Murdoch’s previous wife, Wendi Deng, had done so.
It meant Mr Murdoch was in dispute with his four adult children, with the agreement in the end resulting in Grace and Chloe receiving an equal share in wealth, but no voting rights in the business.Mr Murdoch had signed prenuptial agreements with Ms Deng, and another two after their marriage.
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