Although he never could have imagined the power he would one day wield, this kind of influence was exactly what Murdoch sought as a young publisher building his empire. In June , news broke that Murdoch would be handing over the leadership of 21st Century Fox to his son James. Murdoch would remain with the organization as executive co-chairman, sharing the role with his oldest son, Lachlan.
Murdoch announced he would assume Ailes' role temporarily. Amid the restructuring of 21st Century Fox, the company engaged in talks with Walt Disney over the sale of its properties.
While discussions were said to have ended by November , they reportedly renewed within a few weeks, with Fox considering offers for its movie and cable networks and international divisions. Murdoch, who retained control of Fox News, the Fox broadcast network and the FS1 sports cable channel, said he would spin those assets into a newly listed company.
The feud reportedly dated back to at least , with accusations that Murdoch's News Corp. Later, in a meeting, Murdoch took Zuckerberg to task for changing Facebook's news feed algorithm, giving the social platform the power to dramatically affect traffic for other sites.
News Corp. While still awaiting approval of his massive deal with Disney, Murdoch sought to increase 21st Century Fox's stake in the U. However, that transaction faced a roadblock from politicians and regulators over concerns about 21st Century Fox's monopoly on the British news market, despite the company's insistence that Sky News would retain editorial independence.
Murdoch married Patricia Booker in They had a daughter, Prudence, before divorcing in He married Anna Torv in , and they had three children before eventually divorcing in Only 17 days after his second divorce, Murdoch married his third wife, Wendi Deng.
They have two children. Murdoch filed for divorce from Deng in June , citing that the "relationship between husband and wife had broken down irretrievably" in court papers. The news of the split came as a surprise to some, but there were some rumors of trouble in the marriage in recent years.
The divorce became final in The couple reportedly began seeing each other the previous summer. They tied the knot on March 4, , in London. We strive for accuracy and fairness.
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Mark Zuckerberg is co-founder and CEO of the social-networking website Facebook, as well as one of the world's youngest billionaires. Under Jobs' guidance, the company pioneered a series of revolutionary technologies, including the iPhone and iPad. Two Murdoch associates say James hopes he can co-ordinate with his sisters Elisabeth and Prudence to reset the priorities for Fox News and the Australian news division, if necessary by overriding Lachlan.
Following the Disney deal, Lachlan looked at the possibility of buying out James, according to two people familiar with the developments. But it proved expensive and difficult, and did not advance to a serious stage. Perhaps just as importantly, James and his wife Kathryn decided their priority was not to just take the money from the Murdoch media assets, but to wait until they were in a position to influence the direction of the companies.
The couple tell friends they want a dramatic transformation of editorial standards. The two-year anniversary of the 21st Century Fox deal is more than symbolic. A reappraisal of the empire has begun. What does he want to run? And would he prefer to put his energy into a new entrepreneurial venture, rather than overseeing legacy assets?
From those choices a chessboard of options emerge for the family business. The most dramatic move would involve selling Fox. But there is a practical challenge. Three Murdoch associates warn there may not be a long list of potential buyers. The reputational risk is huge. Hicks Equity Partners, a Texas-based private equity group with strong ties to the Republican party, is considered the most likely potential buyer, according to media bankers. This runs from non-core asset sales to recombining parts of Fox with News Corp, the other Murdoch family-controlled media business, whose assets include newspapers such as the Sun in the UK and the Wall Street Journal in the US.
Reuniting the company, just a few years after splitting it, would be a surprise. But the matter has been discussed internally as an option, say three people with knowledge of the matter.
One former Murdoch associate says taking News Corp private, which had been studied and discounted in the past, could also re-emerge as an idea. The third, and in many ways preferred option, would be for Lachlan to carry on, say three people close to Murdoch.
Murdoch feels he still has time. His mother, Dame Elisabeth Murdoch , lived to and health-conscious Murdoch has no intention of being short-changed. He is happily married to his fourth wife Jerry Hall, who friends say has brought more balance to his life. Last year the couple bought Great Tew Manor, an ancient house in the Cotswolds in England that is completely derelict. It will take many years to renovate. In the s and s, Rupert invested in various communication ventures from radio to book publishing.
In , he launched Sky Television, a four-channel satellite service. The news channel became highly influential in later days. In July , Murdoch faced allegations of hacking the phones of celebrities, royalty, and public citizens. He got investigated and resigned from the position of director of News International. The deal got finalized in March The property is 8, square feet with 11 bedrooms. His first marriage was with Patricia Booker in She was a flight attendant from Melbourne and a former shop assistant.
She was a cadet journalist in The Daily Telegraph, a Sydney newspaper. He became the father of three children: Elisabeth Murdoch, Lachlan Murdoch, and James Murdoch from his second marriage. His third marriage was with Wendi Deng in Wendi was 30 years old at the time of marriage with 68 years old Rupert. Rupert Murdoch has six children.
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