View source for Lachlan Murdoch

{{Short description|American-Australian businessman (born 1971)}}
{{For|the actor|Lachlan Murdoch (actor)}}
{{Use dmy dates|date=January 2024}}
{{CS1 config|mode=cs1}}
{{Use Australian English|date=February 2015}}
{{Infobox person
| name               = Lachlan Murdoch
| image              = Lachlan Murdoch in May 2013.jpg
| caption            = Murdoch in 2013
| birth_date         = {{birth date and age|df=yes|1971|9|8}}
| birth_name         = Lachlan Keith Murdoch
| birth_place        = London, England
| citizenship        = {{Plainlist|
*Australia (from father)
*United States (naturalised)
*United Kingdom (by birthplace){{efn|Uncertain status; see Personal life section.}}
}}
| occupation         = Executive chairman, [[Nova Entertainment]]<br />Executive chairman and CEO, [[Fox Corporation]]<br />Executive chairman, [[News Corp]]
| years active       = 1994−present 
| education          = [[Princeton University]] ([[Bachelor of Arts|BA]])
| spouse             = {{marriage|[[Sarah Murdoch|Sarah O'Hare]]|1999}}
| children           = 3
| mother             = [[Anna dePeyster|Anna Torv]]
| father             = [[Rupert Murdoch]]
| family             = [[Murdoch family]]
| footnotes          = 
}}

'''Lachlan Keith Murdoch''' ({{IPAc-en|l|ɒ|k|l|ə|n}};<ref>{{cite book|last=Wells|first=John C.|year=2008|title=Longman Pronunciation Dictionary|edition=3rd|publisher=Longman|pages=449 and 526|isbn=9781405881180}} According to this source, the first name is also pronounced {{IPAc-en|ˈ|l|æ|k|l|ə|n}} in the UK.</ref> born 8 September 1971) is a British and Australian businessman and [[mass media]] heir. He is the son of the media [[Business magnate|tycoon]] [[Rupert Murdoch]]. He is the executive chairman of [[Nova Entertainment]], chairman of [[News Corp]], executive chairman and CEO of [[Fox Corporation]]. In 2025, Murdoch's [[net wealth]] was estimated at {{AUD|3.21}}&nbsp;[[1,000,000,000|billion]], as published in the ''[[Financial Review Rich List]]''.<ref name="afr2025"/>

{{as of|2024|12}}, the [[Murdoch family]] is involved in a court case in the US in which Lachlan's brother [[James Murdoch|James]], his sister [[Elisabeth Murdoch (businesswoman)|Elisabeth]] and half-sister [[Prudence Murdoch|Prudence]] are challenging their father's bid to amend the family trust to ensure that Lachlan retains control of News Corp and Fox Corp.

== Early life and education ==
Murdoch was born on 8 September 1971 at Wimbledon Hospital in [[Wimbledon, London]],<ref>{{Cite book|last=Rohm|first=Wendy Goldman|url=https://books.google.com/books?id=KB4WpkldZeIC&dq=james+murdoch+born+london+hospital&pg=PA67|title=The Murdoch Mission: The Digital Transformation of a Media Empire|date=12 March 2002|publisher=John Wiley & Sons|isbn=978-0-471-20539-5|language=en|access-date=2 January 2022|archive-date=14 August 2023|archive-url=https://web.archive.org/web/20230814222633/https://books.google.com/books?id=KB4WpkldZeIC&dq=james+murdoch+born+london+hospital&pg=PA67|url-status=live}}</ref> the eldest son of Australian-born American media mogul [[Rupert Murdoch]], and his second wife, Scottish journalist and author [[Anna Murdoch Mann|Anna Maria dePeyster]] (née Torv; formerly Murdoch). He was raised in New York City, where his father owned the ''[[New York Post]]'',<ref name=nyt2017/> after moving there with his family at the age of three.<ref name=Pilkington2023/>

He received his primary and secondary education at the Aspen Country Day School in [[Aspen, Colorado]];<ref name=nyt2017/> then [[Dalton School]] and [[Trinity School (New York City)|Trinity School]] in [[Manhattan]], New York City; and then at [[Phillips Academy]]<ref name=totaro2012>{{cite web |last=Totaro |first=Paola |title=The Reluctant Son |website=[[The Monthly]] |date=2 March 2012 |url=https://www.themonthly.com.au/issue/2012/march/1330562641/paola-totaro/reluctant-son#mtr |access-date=21 September 2024}}</ref> in [[Andover, Massachusetts]].<ref name=nyt2017/>

In 1989<ref name=potter1994/> he took a [[gap year]], during which he spent three months in [[Sydney]], Australia, doing a menial job for the family business<ref name=totaro2012/> [[The Daily Mirror (Australia)|''Daily Mirror'']], while his father was in the city for business.<ref name=potter1994/>

In 1994, he graduated with a bachelor's degree in philosophy from [[Princeton University]].<ref name=nyt2017>{{Cite news|url=https://www.nytimes.com/2017/04/22/business/media/murdoch-family-21st-century-fox.html|title=In House of Murdoch, Sons Set About an Elaborate Overhaul|first1=Brooks|last1=Barnes|first2=Sydney|last2=Ember|newspaper=The New York Times|date=22 April 2017|access-date=23 April 2017|archive-date=23 April 2017|archive-url=https://web.archive.org/web/20170423060631/https://www.nytimes.com/2017/04/22/business/media/murdoch-family-21st-century-fox.html|url-status=live}}</ref><ref name=burrell2014>{{cite web | last=Burrell | first=Ian | title=Lachlan Murdoch: Has the heir to the family's media empire finally | website=[[The Independent]] | date=28 March 2014 | url=https://www.independent.co.uk/news/people/profiles/lachlan-murdoch-has-the-heir-to-the-family-s-media-empire-finally-been-chosen-9222166.html | access-date=20 September 2024}}</ref> While at Princeton, he studied philosophy with [[Béatrice Longuenesse]] and Alan Hajek.<ref>{{Cite news|url=https://theintercept.com/2019/03/30/lachlan-murdoch-fox-news/|title=How Lachlan Murdoch Went from Studying Philosophy at Princeton to Exploiting White Nationalism at Fox News|work=The Intercept|last=Maass|first=Peter|access-date=8 February 2020|archive-date=21 January 2020|archive-url=https://web.archive.org/web/20200121235356/https://theintercept.com/2019/03/30/lachlan-murdoch-fox-news/|url-status=live}}</ref> His senior thesis was on [[German philosophy]].<ref name=wendling2023>{{cite web |last=Wendling |first=Mike |title=Five things to know about Lachlan Murdoch |website=BBC |date=21 September 2023 |url=https://www.bbc.com/news/world-us-canada-66860912 |access-date=21 September 2024}}</ref>

== Career ==
=== News Corp executive (1995–2005)===
At the age of 22<ref name=potter1994/> or 23, Murdoch was appointed general manager of [[Queensland Newspapers]], the publisher of [[Brisbane]]'s ''[[Courier-Mail]]'',<ref name=totaro2012/><ref name=potter1994>{{cite news |last1=Potter |first1=Ben |title=Murdoch Jnr takes the helm at Queensland Newspapers |url=https://infoweb.newsbank.com/apps/news/openurl?ctx_ver=z39.88-2004&rft_id=info%3Asid/infoweb.newsbank.com&svc_dat=AWNB&req_dat=1054640702C8DBC0&rft_val_format=info%3Aofi/fmt%3Akev%3Amtx%3Actx&rft_dat=document_id%3Anews%252F11BCABEE08DB6908 |access-date=9 October 2023 |work= [[Sydney Morning Herald]] |via=[[NewsBank]] |date=19 August 1994|url-access=subscription}}</ref> and at this time became friends with [[James Packer]], also the son of a media mogul.<ref name=totaro2012/> He became publisher of Australia's first national paper, ''[[The Australian]]'',<ref name=mw2024/> and in 1995, was appointed deputy CEO of [[News Limited]] in Australia,<ref name=totaro2012/> and in 1996 was appointed to the [[News Corporation]] board.<ref name="guardian2005"/> After getting married in 1999, he was in 2000 appointed deputy chief operating officer of News Corp's global print operations,<ref name=totaro2012/> promoted from his previous roles as executive director of News Corp (1996), and senior executive vice-president (1999–2000).<ref name=luckhurst2005/>

With a personal interest in Australian [[rugby league]], on 30 March 1995 Murdoch was at the first [[Super League]] meeting in the Atanaskovic Hartnell offices in [[Sydney]]. He and former [[Brisbane Broncos]] chief [[John Ribot]] signed up leading [[Canterbury-Bankstown Bulldogs]] players on documents which were not legally effective. Murdoch was the Broncos' number one ticket holder. This venture lost money<ref>{{cite news|url=http://www.souths.com.au/fanzone/viewnewsarticle.asp?ArticleID=1229|title=Lachlan's legacy: $560m lost on Super League|work=[[The Australian Financial Review]]|publisher=South Sydney Rabbitohs|author=Chenoweth, Neil|date=5 August 2005|access-date=14 February 2015|archive-url=https://web.archive.org/web/20060314045353/http://www.souths.com.au/fanzone/viewnewsarticle.asp?ArticleID=1229|archive-date=14 March 2006}}</ref><ref name="broncsfans">Bronco Magazine 2002</ref><ref>{{cite news|url=http://www.smh.com.au/rugby-league/league-news/brisbane-broncos-cross-the-line-in-political-divide-20140813-103kua.html|title=Brisbane Broncos cross the line in political divide|work=[[The Sydney Morning Herald]]|date=13 August 2014|access-date=14 February 2015|author=Masters, Roy|author-link=Roy Masters (rugby league)|archive-date=16 August 2014|archive-url=https://web.archive.org/web/20140816165058/http://www.smh.com.au/rugby-league/league-news/brisbane-broncos-cross-the-line-in-political-divide-20140813-103kua.html|url-status=live}}</ref>

Encouraged to invest in [[One.Tel]] by his friend Australian businessman [[James Packer]], the son of television network owner [[Kerry Packer]], Murdoch was extensively criticised for encouraging News Corporation's multi-hundred million-dollar investment in the start-up telecommunications company in the late 1990s.<ref name=luckhurst2005>{{cite news|author=Luckhurst, Tim|url=https://www.independent.co.uk/news/media/so-where-does-rupert-murdoch-go-from-here-500802.html|archive-url=https://web.archive.org/web/20110722215804/http://www.independent.co.uk/news/media/so-where-does-rupert-murdoch-go-from-here-500802.html|url-status=dead|archive-date=22 July 2011|title=So where does Rupert Murdoch go from here?|newspaper=[[The Independent|The Independent on Sunday]]|date=31 July 2005|access-date=10 April 2010}}</ref> In April 2014, Murdoch and Packer agreed to an {{AUD}}40&nbsp;million settlement over the failure of One.Tel. The settlement was approved by the [[Supreme Court of New South Wales]] on 17 April 2014, with {{AUD}}14.93&nbsp;million to be paid by the Packer family's [[Consolidated Press Holdings]], {{AUD}}11.77&nbsp;million to be paid by Packer's [[Crown Resorts]] and {{AUD}}13.3&nbsp;million to be paid by News Corp.<ref>{{cite news |url=http://www.theage.com.au/business/court-approves-40m-onetel-settlement-20140417-36u8c.html |title=Court approves $40m One.Tel settlement |last=Butler |first=Ben |date=17 April 2014 |newspaper=[[The Age]] |access-date=17 April 2014 |archive-date=19 April 2014 |archive-url=https://web.archive.org/web/20140419084541/http://www.theage.com.au/business/court-approves-40m-onetel-settlement-20140417-36u8c.html |url-status=live }}</ref> During this time, Murdoch and his wife lived near his father in New York, and socialised with glamorous people, including expats [[Baz Luhrmann]] and [[Nicole Kidman]].<ref name=totaro2012/>

Murdoch led an initial $10.75&nbsp;million investment, of which only $2.25&nbsp;million was in cash, in [[REA Group]], and subsequently championed the retention of the investment over the objections of those who wished to sell it. The company later emerged as Australia's market leader in online real estate advertising, known as [[Realestate.com.au]], and in 2014 was assessed as worth more than $3.6&nbsp;billion to News Corp.<ref>{{cite news|url=http://www.bignewsnetwork.com/index.php/sid/220002499/scat/5c99d63b36637bd7/ht/How-Lachlan-Murdoch-turned-10-million-into-more-than-3-billion |archive-url=https://archive.today/20140213021215/http://www.bignewsnetwork.com/index.php/sid/220002499/scat/5c99d63b36637bd7/ht/How-Lachlan-Murdoch-turned-10-million-into-more-than-3-billion |url-status=dead |archive-date=13 February 2014 |title=How Lachlan Murdoch turned $10 million into more than $3 billion |newspaper=Big News Network |date=5 February 2014 |access-date=13 February 2014 }}</ref><ref name=totaro2012/>

For the year 2001, Murdoch earned a salary of {{AUD}}2.59&nbsp;million.<ref>{{cite news|archive-url=https://web.archive.org/web/20050526215313/http://www.crikey.com.au/articles/2001/10/07-newscorpagm.html|title=Rappers, Fulon Gong and lots of questions|newspaper=[[Crikey]]|date=7 October 2001|archive-date=26 May 2005|access-date=14 February 2015|author=Mayne, Stephen|author-link=Stephen Mayne|url=http://www.crikey.com.au/articles/2001/10/07-newscorpagm.html}}</ref> During his time at News Corp, Murdoch had oversight of [[HarperCollins]] and the company's lines of business in Australia, including REA. He also served on the board of [[Foxtel]] and as chairman of [[Fox Television]] stations, and was the publisher of the ''[[New York Post]]''.<ref name=newscorpboard>{{cite web|url=http://newscorp.com/leader/lachlan-murdoch/|title=Lachlan Murdoch|work=Our leadership|publisher=[[News Corp]]|date=2015|access-date=14 February 2015|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215140246/http://newscorp.com/leader/lachlan-murdoch/|url-status=live}}</ref> While at the ''New York Post'', its circulation grew by over 40 per cent.<ref name=foxprof2024sep/>

In July 2005, the 33-year-old Murdoch abruptly resigned as an executive at the News Corp<ref>{{cite news|last=Scocca|first=Tom |title=Why Lachlan Flew the Coop: It Was Rupert|website=[[The New York Observer]] |date=8 August 2005 |access-date=23 April 2017 |url-status=live|url=https://observer.com/2005/08/why-lachlan-flew-the-coop-it-was-rupe/ |archive-url=https://web.archive.org/web/20160825224143/http://observer.com/2005/08/why-lachlan-flew-the-coop-it-was-rupe/ |archive-date=25 August 2016 }}</ref> after a clash with then Fox News head [[Roger Ailes]], with whom his father had sided, and returned to Australia with his wife and son. At the time, aged 34, he was the third most powerful executive in the company.<ref name=Pilkington2023/> The media empire then included the [[Twentieth Century Fox]] movie studio, and included the [[Fox Broadcasting Company|Fox television network]], several satellite broadcasters, and newspapers in the UK, US, and Australia. [[Roger Ailes]], the chairman of [[Fox News]] Channel, was named chairman of News Corp's group of television stations to succeed Murdoch junior. Media speculated that his brother, [[James Murdoch]], then chief executive of UK satellite TV company [[BSkyB]], may succeed Rupert Murdoch.<ref name="guardian2005">{{cite news|url=https://www.theguardian.com/media/2005/jul/29/newscorporation.citynews|title=Lachlan Murdoch resigns from News Corp|work=[[The Guardian]]|location=Australia|date=29 July 2005|access-date=14 February 2015|author=Tryhorn, Chris|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215140155/http://www.theguardian.com/media/2005/jul/29/newscorporation.citynews|url-status=live}}</ref><ref>{{cite news|url=http://newyorkmetro.com/nymetro/news/media/features/14302/ |title=The Boy Who Wouldn't Be King |newspaper=[[New York (magazine)|New York]] |date=19 September 2005 |access-date=14 February 2015 |author=Fishman, Steve |url-status=dead |archive-url=https://web.archive.org/web/20080719163101/http://newyorkmetro.com/nymetro/news/media/features/14302/ |archive-date=19 July 2008 }}</ref><ref>{{cite news|url=http://www.theage.com.au/news/business/why-lachlan-murdoch-quit/2005/09/14/1126377322482.html|title=Why Lachlan Murdoch quit|newspaper=[[The Age]]|date=14 September 2005|access-date=14 February 2015|author=Porter, Jeni|archive-date=25 August 2012|archive-url=https://web.archive.org/web/20120825020311/http://www.theage.com.au/news/business/why-lachlan-murdoch-quit/2005/09/14/1126377322482.html|url-status=live}}</ref><ref>{{cite news|url=http://media.guardian.co.uk/mediaguardian/story/0,7558,1540260,00.html|title=End of the line|newspaper=[[The Guardian]]|location=Australia|date=1 August 2005|access-date=14 February 2015|author1=Gibson, Owen|author2=Milmo, Dan|archive-date=14 August 2023|archive-url=https://web.archive.org/web/20230814222618/https://www.theguardian.com/media/2005/aug/01/newscorporation.mondaymediasection|url-status=live}}</ref><ref>{{cite news|url=https://www.usatoday.com/money/media/2005-07-29-news-corp_x.htm|title=Murdoch's oldest son leaves empire|newspaper=[[USA Today]]|date=29 July 2005|access-date=14 February 2015|author1=Lieberman, David|author2=Petrecca, Laura|archive-date=4 September 2012|archive-url=https://web.archive.org/web/20120904222418/http://www.usatoday.com/money/media/2005-07-29-news-corp_x.htm|url-status=live}}</ref>

=== Private investments (2005–2014) ===
On leaving News Corp with a two-year non-compete agreement,<ref name="smh-2011"/> Murdoch founded an Australian private investment company, Illyria Pty Ltd,<ref>{{cite news|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=31336685|title=Company Overview of Illyria Pty, Ltd.|work=Bloomberg Business|publisher=[[Bloomberg Business|Bloomberg]]|date=2005|access-date=14 February 2015|archive-date=16 February 2015|archive-url=https://web.archive.org/web/20150216191440/http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=31336685|url-status=live}}</ref> in 2005.<ref name=foxprof2024sep/> He developed an eclectic mix of investments, with stakes in the [[Indian Premier League]] cricket team [[Rajasthan Royals]], online DVD rental company [[Quickflix]], toy marketer Funtastic and digital media company [[Destra Corporation|Destra]].<ref name="smh-2011">{{cite news|url=http://www.smh.com.au/business/building-another-murdoch-empire-20111118-1nmqv.html#ixzz3RoHFqZJT|title=Building another Murdoch empire|newspaper=[[The Sydney Morning Herald]]|date=19 November 2011|access-date=14 February 2015|author=Steffens, Miriam|archive-date=8 January 2015|archive-url=https://web.archive.org/web/20150108120038/http://www.smh.com.au/business/building-another-murdoch-empire-20111118-1nmqv.html#ixzz3RoHFqZJT|url-status=live}}</ref> On 21 January 2008, Murdoch and James Packer announced that their companies, Illyria and [[Consolidated Press Holdings]] would seek to privatise the [[Australian Securities Exchange|publicly listed]] [[Consolidated Media Holdings]]. It was expected that the proposed {{AUD}}3.3&nbsp;billion deal would deliver Murdoch and Packer with private stakes in [[Foxtel]], [[Fox Sports]], Universal Media Firm, LLC and [[PBL Media]], with the latter owning the [[Nine Network]] and [[Australian Consolidated Press|ACP Magazines]].<ref name="smh-2011"/><ref>{{cite news|url=http://www.scopical.com.au/articles/News/2202/Murdoch-junior-to-seize-control-of-old-Packer-empire|title=Murdoch junior to seize control of old Packer empire|work=Scopical.com.au|date=21 January 2008|access-date=17 March 2008}} {{dead link|date=February 2015}}</ref> Packer eventually decided to sell down his stake in media companies in a series of transactions between 2006 and 2008,<ref name=pamelawilliams>{{cite book|first=Pamela|last=Williams|publisher=[[HarperCollins]]|title=Killing Fairfax: Packer, Murdoch & The Ultimate Revenge|pages=140, 150, 159–160, 213, 222|date=22 July 2013|url=http://www.harpercollins.com.au/books/Killing-Fairfax-Packer-Murdoch-Ultimate-Revenge-Pamela-Williams/?isbn=9780732297664|access-date=21 October 2013|archive-url=https://web.archive.org/web/20131023061046/http://www.harpercollins.com.au/books/Killing-Fairfax-Packer-Murdoch-Ultimate-Revenge-Pamela-Williams/?isbn=9780732297664|archive-date=23 October 2013|url-status=dead}}</ref><ref>{{cite interview |last=Packer |first=James |subject-link=James Packer |interviewer=Helia Ebrahimi |title=James Packer on building a new Sydney casino |url=http://video.cnbc.com/gallery/?video=3000199729 |access-date=23 October 2013 |publisher=[[CNBC]] |date=13 September 2013}}</ref> and the deal with Murdoch collapsed.

In November 2009, Illyria acquired 50% of a network of radio stations called [[DMG Radio]], which was renamed Nova Entertainment,<ref name=foxprof2024sep/> with Murdoch as chairman. In September 2012 Illyria acquired the balance of shares it did not own.<ref name="smh-2011"/><ref>{{Cite news|title=Lachlan Murdoch acquires other half of DMG Radio |work=MediaSpy |date=2 September 2012 |access-date=3 September 2012 |url=http://www.mediaspy.org/2012/09/02/lachlan-murdoch-acquires-other-half-of-dmg-radio/ |url-status=dead |archive-url=https://web.archive.org/web/20121123024955/http://www.mediaspy.org/2012/09/02/lachlan-murdoch-acquires-other-half-of-dmg-radio/ |archive-date=23 November 2012 }}</ref> In 2012, Illyria purchased the remaining 50% of the holdings, and within a few years, NOVA Entertainment grew into the leading network of FM stations in Australia.<ref name=foxprof2024sep/>

In 2010, Packer purchased an 18% stake in [[Network Ten]], quickly offloading half to Murdoch. Both Packer and Murdoch joined the Ten board.<ref>{{cite news|url=http://www.abc.net.au/news/stories/2010/11/09/3061086.htm|title=Packer, Murdoch accept seats on Ten board|work=[[ABC News (Australia)|ABC News]]|location=Australia|date=9 November 2010|access-date=9 November 2010|archive-date=12 November 2010|archive-url=https://web.archive.org/web/20101112200216/http://www.abc.net.au/news/stories/2010/11/09/3061086.htm|url-status=dead}}</ref> In February 2011, Murdoch was appointed acting CEO of [[Ten Network Holdings]] after the company's board terminated the contract of CEO Grant Blackley.<ref>{{cite news|author=Janda, Michael|url=http://www.abc.net.au/news/stories/2011/02/23/3146785.htm?section=justin|title=Lachlan Murdoch appointed acting Ten CEO|work=[[ABC News (Australia)|ABC News]]|location=Australia|date=23 February 2011|access-date=23 February 2011|archive-date=25 February 2011|archive-url=https://web.archive.org/web/20110225011020/http://www.abc.net.au/news/stories/2011/02/23/3146785.htm?section=justin|url-status=dead}}</ref> The following month Packer unexpectedly resigned from the board.<ref>{{cite news |url=http://www.adelaidenow.com.au/business/ten-network-to-reveal-new-board/story-e6frede3-1226014647727 |title=James Packer quits Ten board |work=[[The Advertiser (Adelaide)|The Advertiser]] |via=adelaidenow.com|location=Adelaide |date=3 March 2011|access-date=13 February 2014|archive-url=https://web.archive.org/web/20110305035213/http://www.adelaidenow.com.au/business/ten-network-to-reveal-new-board/story-e6frede3-1226014647727|archive-date=5 March 2011|url-status=dead|last=Le May|first=Rebecca}}</ref><ref>{{cite news |first=Antonia |last=Magee |work=[[Herald Sun]] |date=2 March 2011 |title=James Packer, Lachlan Murdoch fall out over new Ten Network chief James Warburton |url=http://www.news.com.au/business/packer-resigns-from-ten-board/story-e6frfm1i-1226014676071 |access-date=21 August 2012 |archive-date=23 July 2013 |archive-url=https://web.archive.org/web/20130723005727/http://www.news.com.au/business/packer-resigns-from-ten-board/story-e6frfm1i-1226014676071 |url-status=dead }}</ref> In February 2012, the Ten board appointed Murdoch non-executive chairman of Ten Network Holdings.<ref>{{cite press release|url=http://www.tencorporate.com.au/lib/pdf/2012/mf547.pdf|title=Ten Appoints New Chairman|publisher=Ten Network Holdings|date=10 February 2012|archive-url=https://web.archive.org/web/20120317090559/http://www.tencorporate.com.au/lib/pdf/2012/mf547.pdf| archive-date=17 March 2012 |url-status=dead| access-date=25 July 2015}}</ref> Although Ten was already in some financial difficulties before Murdoch became CEO, by late 2012, on paper Illyria had lost {{AUD}}110&nbsp;million of the original {{AUD}}150&nbsp;million invested since 2010. The share price had fallen by about 80% and network profits had dropped by over half. In an attempt to control costs, Ten had reduced employment numbers by 160 people, and the problems were mainly attributed to falling advertising revenues and restructuring at the network. Ten purchased, at three times its original cost,<ref>{{cite news|author=Barry, Paul|author-link=Paul Barry|title=Thanks to Lachlan, Ten ripe for the picking|url=http://www.crikey.com.au/2012/11/15/paul-barry-thanks-to-lachlan-ten-ripe-for-the-picking/|work=Crikey|date=15 November 2012|access-date=20 November 2012|archive-date=25 February 2013|archive-url=https://web.archive.org/web/20130225170527/http://www.crikey.com.au/2012/11/15/paul-barry-thanks-to-lachlan-ten-ripe-for-the-picking|url-status=live}}</ref> the Australian rights for [[MasterChef Australia|''MasterChef'']] from the Australian subsidiary of the [[Shine Group]], itself a subsidiary of the News Corp{{endash}}owned [[21st Century Fox]]. On 14 June 2017, Ten went into voluntary administration after Murdoch and fellow shareholder [[Bruce Gordon (businessman)|Bruce Gordon]] declined to extend the company's credit facility.<ref name="SMHadmin">{{cite news |last=Danckert |first=Sarah |date=14 June 2017 |title=Network Ten heads into voluntary administration |url=http://www.smh.com.au/business/media-and-marketing/network-ten-heads-into-voluntary-administration-20170614-gwqo47.html |work=The Sydney Morning Herald |location=Sydney |access-date=14 June 2017 |archive-date=29 August 2017 |archive-url=https://web.archive.org/web/20170829011122/http://www.smh.com.au/business/media-and-marketing/network-ten-heads-into-voluntary-administration-20170614-gwqo47.html |url-status=live }}</ref><ref name="BIAadmin">{{cite news |last=Pash |first=Chris |date=14 June 2017 |title=The Ten network is in administration |url=https://www.businessinsider.com/the-ten-network-is-in-administration-2017-6 |work=Business Insider Australia |location=Sydney |access-date=14 June 2017 |archive-date=14 June 2017 |archive-url=https://web.archive.org/web/20170614045439/https://www.businessinsider.com.au/the-ten-network-is-in-administration-2017-6 |url-status=live }}</ref> Two bids were received for Ten; one from Murdoch and Gordon and one from [[CBS Corporation]] – Ten's largest creditor. The CBS bid was preferred by both the administrators and creditors.<ref>{{cite news|last=Kruger|first=Colin|title=CBS won because Network Ten employees didn't want Lachlan Murdoch to come back|url=http://www.smh.com.au/business/media-and-marketing/cbs-won-because-network-ten-employees-didnt-want-lachlan-murdoch-to-come-back-20170919-gykjmk.html|access-date=4 November 2017|work=The Sydney Morning Herald|date=20 September 2017|archive-date=21 February 2018|archive-url=https://web.archive.org/web/20180221184202/http://www.smh.com.au/business/media-and-marketing/cbs-won-because-network-ten-employees-didnt-want-lachlan-murdoch-to-come-back-20170919-gykjmk.html|url-status=live}}</ref> CBS's successful bid meant Murdoch lost his entire investment in the network.<ref>{{cite news|last=Patrick|first=Aaron|title=Ten-CBS hearing descends into near farce as court clears takeover bid|url=http://www.afr.com/business/legal/tencbs-hearing-descends-into-near-farce-as-court-clears-takeover-bid-20171110-gzips7|access-date=14 November 2017|work=Australian Financial Review|date=10 November 2017|archive-date=13 November 2017|archive-url=https://web.archive.org/web/20171113120934/http://www.afr.com/business/legal/tencbs-hearing-descends-into-near-farce-as-court-clears-takeover-bid-20171110-gzips7|url-status=live}}</ref>

=== Return to News Corp (2014)===
In March 2014, Murdoch was appointed as non-executive co-chairman of News Corp and 21st Century Fox (one of two companies formed in June 2013 from the old News Corp) in a move that was seen as succession planning for the media empire.<ref>{{cite news|url=https://www.bloomberg.com/news/articles/2014-03-26/news-corp-names-lachlan-murdoch-non-executive-chairman|title=Murdoch Promotes Son Lachlan in Succession Plan for Empire|work=Bloomberg Business|publisher=[[Bloomberg News|Bloomberg]]|date=27 March 2014|access-date=14 February 2015|author=Thomson, Amy|archive-date=16 February 2015|archive-url=https://web.archive.org/web/20150216191450/http://www.bloomberg.com/news/articles/2014-03-26/news-corp-names-lachlan-murdoch-non-executive-chairman|url-status=live}}</ref><ref>{{cite news|url=https://www.wsj.com/articles/SB10001424052702304418404579462722950228780|title=Sons of Rupert Murdoch Get Expanded Roles|work=[[The Wall Street Journal]]|date=26 March 2014|access-date=14 February 2015|author1=Peers, Martin|author2=Evans, Peter|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215150935/http://www.wsj.com/articles/SB10001424052702304418404579462722950228780|url-status=live}}</ref><ref>{{cite news|url=http://www.afr.com/p/national/inside_the_murdoch_dynasty_mz4UeFrTPKOnoGgxucGQkK|title=Inside the Murdoch dynasty|work=[[The Australian Financial Review]]|date=29 March 2014|access-date=14 February 2015|author=Chenoweth, Neil|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215150720/http://www.afr.com/p/national/inside_the_murdoch_dynasty_mz4UeFrTPKOnoGgxucGQkK|url-status=live}}</ref><ref>{{cite news|url=https://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/10723606/Rupert-Murdochs-eldest-son-Lachlan-takes-co-chairman-role-in-succession-plan.html|title=Rupert Murdoch's eldest son Lachlan takes co-chairman role in succession plan|work=[[The Daily Telegraph|The Telegraph]]|location=United Kingdom|date=26 March 2014|access-date=14 February 2015|author=Williams, Christopher|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215152502/http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/10723606/Rupert-Murdochs-eldest-son-Lachlan-takes-co-chairman-role-in-succession-plan.html|url-status=live}}</ref><ref>{{cite news|url=http://theconversation.com/lachlan-murdoch-and-news-the-first-born-son-is-ahead-for-now-24884|title=Lachlan Murdoch and News: the first-born son is ahead … for now|work=[[The Conversation (website)|The Conversation]]|date=28 March 2014|access-date=14 February 2015|author=McNair, Brian|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215150652/http://theconversation.com/lachlan-murdoch-and-news-the-first-born-son-is-ahead-for-now-24884|url-status=live}}</ref><ref>{{cite news|url=http://www.smartcompany.com.au/growth/41292-lachlan-murdoch-lured-back-to-news-corp-but-which-office-does-he-get.html|title=Lachlan Murdoch lured back to News Corp, but which office does he get?|work=SmartCompany|date=28 March 2014|access-date=14 February 2015|author=Mayne, Stephen|author-link=Stephen Mayne|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215180756/http://www.smartcompany.com.au/growth/41292-lachlan-murdoch-lured-back-to-news-corp-but-which-office-does-he-get.html|url-status=live}}</ref> This was in the wake of the [[News International phone hacking scandal|phone hacking scandal in the UK]] and his father's divorce from [[Wendi Deng Murdoch|Wendi Deng]].<ref name=wendling2023/>

Murdoch stood aside as chairman and a director of Ten Network Holdings at this time.<ref>{{cite press release|url=http://images.tenplay.com.au/~/media/Corporate%20Site%20Media/Files/Press%20Releases/2014/Changes%20to%20TENs%20Board%20of%20Directors.pdf |archive-url=https://web.archive.org/web/20150215160748/http://images.tenplay.com.au/~/media/Corporate%20Site%20Media/Files/Press%20Releases/2014/Changes%20to%20TENs%20Board%20of%20Directors.pdf |url-status=dead |archive-date=15 February 2015 |title=Changes to Ten's Board of Directors |publisher=Ten Network Holdings |date=26 March 2014 |access-date=23 October 2014 }}</ref>

In June 2015 he was named as executive chairman of 21st Century Fox.<ref>{{Cite news|url=http://www.mediaweek.com.au/lachlan-murdoch-named-executive-co-chairman-21st-century-fox/|title=Lachlan Murdoch named executive co-chairman 21st Century Fox|date=16 June 2015|publisher=Mediaweek|access-date=16 September 2016|archive-date=17 September 2016|archive-url=https://web.archive.org/web/20160917094713/http://www.mediaweek.com.au/lachlan-murdoch-named-executive-co-chairman-21st-century-fox/|url-status=live}}</ref>

After 21st Century Fox was acquired by Disney in March 2019, Murdoch was named as the chairman and CEO of the [[Fox Corporation]],<ref>{{Cite web|url=https://variety.com/2019/tv/news/fox-corp-lachlan-murdoch-town-hall-1203169197/|title=New Fox CEO Lachlan Murdoch Announces All Employees to Receive Stock in Company|first1=Joe |last1= Otterson|first2=Daniel|last2=Holloway|date=21 March 2019|access-date=21 March 2019|archive-date=29 September 2019|archive-url=https://web.archive.org/web/20190929225412/https://variety.com/2019/tv/news/fox-corp-lachlan-murdoch-town-hall-1203169197/|url-status=live}}</ref><ref name=wapo>{{Cite news|url=https://www.washingtonpost.com/lifestyle/style/lachlan-murdoch-takes-control-of-fox-corp-but-how-will-he-deal-with-president-trump/2019/03/20/abbb43d6-40ee-11e9-a0d3-1210e58a94cf_story.html|title=Lachlan Murdoch takes control of Fox Corp. But how will he deal with President Trump? |newspaper=[[The Washington Post]]|date=20 March 2019|last=Ellison|first=Sarah|access-date=21 March 2019|archive-date=28 March 2019|archive-url=https://web.archive.org/web/20190328151608/https://www.washingtonpost.com/lifestyle/style/lachlan-murdoch-takes-control-of-fox-corp-but-how-will-he-deal-with-president-trump/2019/03/20/abbb43d6-40ee-11e9-a0d3-1210e58a94cf_story.html|url-status=live}}</ref> and was named by his father as heir to his business interests.<ref name=Pilkington2023/> His father was still hoping "to continue an active role in the company".<ref>{{Cite news |last=Helmore |first=Edward |date=25 November 2023 |title=Headaches at Fox as Lachlan Murdoch takes reins from father Rupert |language=en-GB |work=The Guardian |url=https://www.theguardian.com/media/2023/nov/25/lachlan-rupert-murdoch-fox-news |access-date=18 December 2023 |issn=0261-3077}}</ref> Former president [[Donald Trump]] met him in 2019.<ref name=whittaker2024/>

In 2022, he and his father wanted to merge News Corp and Fox Corp, but his brother James' opposition, along with that of major shareholders, sunk the proposition the following year.<ref name=verrender2024/>

===Successor to his father (2023)===
In September 2023, at the age of 52, when Rupert Murdoch retired, Lachlan Murdoch took over the leadership of his father's group, becoming chair of both Fox Corp and News Corp.<ref name=Pilkington2023>{{cite web | last1=Pilkington | first1=Ed | last2=Rushe | first2=Dominic | title=How Lachlan Murdoch became the new head of Fox and News Corp | website=The Guardian | date=22 September 2023 | url=https://www.theguardian.com/media/2023/sep/21/lachlan-murdoch-fox-news-politics | access-date=20 September 2024}}</ref><ref>{{Cite news |title=Lachlan Murdoch prend la suite de son père Rupert Murdoch, mais toujours sous le contrôle du magnat |url=https://www.lemonde.fr/economie/article/2023/09/22/comme-dans-la-serie-succession-lachlan-murdoch-prend-la-suite-du-magnat-rupert-murdoch-mais-toujours-sous-le-controle-de-son-pere_6190498_3234.html |website=le monde|date=22 September 2023 }}</ref><ref>{{cite news|url=https://www.nytimes.com/2023/09/21/business/media/rupert-murdoch-fox-retire.html|title=Rupert Murdoch to Retire From Fox and News Corporation Boards|work=[[New York Times]]|date=21 September 2023 |last1=Rutenberg |first1=Jim }}</ref><ref name=foxprof2024sep>{{cite web |title=Lachlan K. Murdoch |website=[[Fox Corporation]]  |url=https://www.foxcorporation.com/management/board-of-directors/lachlan-murdoch/ |access-date=21 September 2024}}</ref> In 2023, ''[[The Australian Financial Review]]'' placed Lachlan Murdoch 33rd on their list of Australia's wealthiest people, with his wealth estimated at {{AUD|3.35}} billion (US$2.1 billion).<ref name=wendling2023/>

In a July 2024 interview with [[Paul Kelly (journalist)|Paul Kelly]] of ''The Australian'', Murdoch said:{{blockquote|I believe that if it wasn't for ''The Australian'' today, if the policy debate in Australia today was being driven by the [[Australian Broadcasting Corporation|ABC]], then we would be a totally different country. I think our role is essential both here in Australia but also in Britain and the United States. This is absolutely how I see my leadership mission. It’s also our responsibility as a company and I feel that very strongly.}}

{{as of|September 2024}} Murdoch is executive chair and CEO of Fox Corporation, as well as chair of News Corp and executive chairman of [[Nova Entertainment]], an Australian company.<ref name=foxprof2024sep/>

==Other activities==
In 2002, Murdoch gave the [[Andrew Olle Media Lecture]].<ref>{{cite speech |title=2002 Andrew Olle Media Lecture|author=Murdoch, Lachlan|date=12 May 2008|url=http://www.abc.net.au/local/stories/2002/10/22/592878.htm |format=transcript|publisher=Australia: [[ABC Local Radio]] |archive-url=https://web.archive.org/web/20081020083551/http://www.abc.net.au/local/stories/2002/10/22/592878.htm| archive-date=20 Oct 2008}}</ref>

Murdoch is one of the founding patrons (along with [[Anthony Pratt (Visy Board)|Anthony Pratt]], Peter Lowy, and [[Lisa Fox]]) of an organisation called "Advance", formerly known as the Young Australian Professionals in America. They held a benefit dinner in November 2005.<ref>{{cite speech |title=2005 Advance Benefit Dinner|author=Allen, Ken|date=18 November 2005|location=Cipriani, [[Wall Street]], New York City|url=http://www.australianyc.org/consulate/news/speeches/2005|access-date=14 February 2015|archive-url=https://web.archive.org/web/20060824032914/http://www.australianyc.org/consulate/news/speeches/2005%20Advance%20Benefit%20Dinner.pdf|format=PDF|archive-date=24 August 2006|publisher=Australian Consul General New York}}</ref>

== Lawsuits ==
=== Dominion lawsuit (2021–2023)===
{{Main|Dominion v. Fox News Network}}
In 2021, Lachlan Murdoch and his father Rupert were the defendants in a $1.6 billion lawsuit, filed by voting machine maker [[Dominion Voting Systems]], for knowingly and maliciously spreading false accusations that Dominion committed election fraud. Fox News Corporation requested that the case be dismissed and on 16 December 2021, the court rejected the request, with the opinion that "Dominion adequately pleaded actual malice by Fox News".

On 6 June 2022, Fox News Corp requested Judge Eric M. Davis drop the lawsuit. In his opinion, Judge Davis denied the request, saying that Dominion had shown enough evidence of actual malice on behalf of Rupert and Lachlan Murdoch of Fox Corporation to allow the case to continue.<ref>{{Cite web |date=22 June 2022 |title=Fox Corp. Must Face $1.6 Billion Defamation Lawsuit That Dominion Claims Goes to the Top of the Murdoch Empire, Judge Rules |url=https://lawandcrime.com/2020-election/fox-must-face-1-6-billion-defamation-lawsuit-that-dominion-claims-goes-to-the-top-of-the-murdoch-empire-judge-rules/ |access-date=17 August 2022 |website=Law & Crime |language=en |archive-date=30 June 2022 |archive-url=https://web.archive.org/web/20220630140507/https://lawandcrime.com/2020-election/fox-must-face-1-6-billion-defamation-lawsuit-that-dominion-claims-goes-to-the-top-of-the-murdoch-empire-judge-rules/ |url-status=live }}</ref> Documentation obtained by Dominion showed that Lachlan had played "a hands-on role in determining the political thrust of Fox News in favour of Trump".<ref name=Pilkington2023/> In the end, Fox had to pay $787.5 million in damages in April 2023,<ref>{{Cite news |date=18 April 2023 |title=Dominion-Fox News Trial: Fox News Settles Defamation Suit for $787.5 Million, Dominion Says |work=The New York Times |language=en |url=https://www.nytimes.com/live/2023/04/18/business/fox-news-dominion-trial-settlement?smid=url-share#the-787-5-million-deal-is-one-of-the-largest-defamation-settlements-in-us-history |access-date=28 July 2023 |archive-date=30 April 2023 |archive-url=https://web.archive.org/web/20230430134352/https://www.nytimes.com/live/2023/04/18/business/fox-news-dominion-trial-settlement?smid=url-share#the-787-5-million-deal-is-one-of-the-largest-defamation-settlements-in-us-history |url-status=live |last1=Peters |first1=Jeremy W. |last2=Robertson |first2=Katie }}</ref> and [[Tucker Carlson]] was dismissed on 24 April 2023.<ref>{{cite news |title=Live Updates: Fox News Parts Ways With Tucker Carlson Days After Dominion Settlement |url=https://www.nytimes.com/live/2023/04/24/business/tucker-carlson-fox-news |work=The New York Times |date=April 24, 2023 |url-access=subscription |last1=Peters |first1=Jeremy W. |last2=Robertson |first2=Katie |last3=Grynbaum |first3=Michael M. |access-date=April 24, 2023 |archive-date=June 19, 2023 |archive-url=https://web.archive.org/web/20230619101118/https://www.nytimes.com/live/2023/04/24/business/tucker-carlson-fox-news |url-status=live }}</ref><ref>{{Cite news |last=Simonetti |first=Isabella |title=Tucker Carlson Is Leaving Fox News |url=https://www.wsj.com/articles/tucker-carlson-is-leaving-fox-news-db31f2fa |access-date=April 24, 2023 |website=[[The Wall Street Journal]] |date=April 24, 2023 |language=en-US |archive-date=July 5, 2023 |archive-url=https://web.archive.org/web/20230705181432/https://www.wsj.com/articles/tucker-carlson-is-leaving-fox-news-db31f2fa |url-status=live }}</ref>

=== ''Crikey'' (2022–2023)===
Murdoch sent a series of legal threats to ''[[Crikey]]'', an Australian electronic magazine, after political editor Bernard Keane tied the Murdochs to the [[January 6 United States Capitol attack]] in a 29 June 2022 article.<ref>{{Cite web |title=Australian site Crikey fights back after Lachlan Murdoch threatens to sue : NPR |url=https://www.npr.org/2022/08/22/1118705940/fox-news-lachlan-murdoch-australia-crikey-capitol-insurrection-jan-6 |access-date=12 April 2023 |website=npr.org |language=en-US |archive-date=13 April 2023 |archive-url=https://web.archive.org/web/20230413011437/https://www.npr.org/2022/08/22/1118705940/fox-news-lachlan-murdoch-australia-crikey-capitol-insurrection-jan-6 |url-status=live }}</ref> Crikey originally removed the article to avoid legal persecution but later republished it, with editor Peter Fray accusing Murdoch of "using the law to silence public debate", and "seeking to intimidate us".<ref>{{Cite web |title=Lachlan Murdoch Goes to War With Website Blaming Him for Jan. 6 |url=https://news.yahoo.com/lachlan-murdoch-goes-war-website-234114621.html |access-date=17 August 2022 |website=news.yahoo.com |date=15 August 2022 |language=en-US |archive-date=17 August 2022 |archive-url=https://web.archive.org/web/20220817032902/https://news.yahoo.com/lachlan-murdoch-goes-war-website-234114621.html |url-status=live }}</ref>

On 21 April 2023, Murdoch's lawyers filed a notice to discontinue the case.<ref>{{cite news |author=Heath Parkes-Hupton |agency= |title=Lachlan Murdoch drops defamation case against Crikey publisher |url=https://www.abc.net.au/news/2023-04-21/lachlan-murdoch-drops-crikey-defamation-case/102251072 |quote= |newspaper=[[ABC News Australia]] |date=21 April 2023 |access-date=26 April 2023 |archive-date=26 April 2023 |archive-url=https://web.archive.org/web/20230426052650/https://www.abc.net.au/news/2023-04-21/lachlan-murdoch-drops-crikey-defamation-case/102251072 |url-status=live }}</ref><ref>{{cite news |author=Amanda Meade |agency= |title=Lachlan Murdoch drops defamation proceedings against independent Australian publisher Crikey |url=https://www.theguardian.com/media/2023/apr/21/lachlan-murdoch-drops-defamation-proceedings-against-independent-australian-publisher-crikey |quote= |newspaper=[[The Guardian]] |date=21 April 2023 |access-date=26 April 2023 |archive-date=25 April 2023 |archive-url=https://web.archive.org/web/20230425170032/https://www.theguardian.com/media/2023/apr/21/lachlan-murdoch-drops-defamation-proceedings-against-independent-australian-publisher-crikey |url-status=live }}</ref> Murdoch had to pay more than {{AUD|800,000}} in legal fees to [[Private Media (Australia)|Private Media]] after abandoning the case.<ref name=Pilkington2023/>

=== Smartmatic (2022–)===
In a lawsuit similar to Dominion's, voting machine maker [[Smartmatic]] filed a lawsuit implicating both Lachlan Murdoch and his father Rupert for US$2.7&nbsp;billion on 4 February 2021. Smartmatic claims "Fox News engaged in conspiracy to spread disinformation about Smartmatic. They lied, and did so knowingly and intentionally." In March 2022, Justice David Cohen allowed the removal of several hosts as co-defendants but rejected Fox's motion for dismissal of the suit allowing it to go to the discovery phase. In a second attempt from Fox News to dismiss the lawsuit, Justice Cohen again rejected Fox's request and gave the opinion that Smartmatic had shown a "substantial basis" for their claim that Fox News "showed a reckless disregard for the truth".<ref>{{Cite web |date=16 August 2022 |title=SmartMatic: Lawsuit Updates & Fact Checks |url=https://www.smartmatic.com/us/lawsuit-updates-fact-checks/ |access-date=17 August 2022 |archive-date=17 August 2022 |archive-url=https://web.archive.org/web/20220817165614/https://www.smartmatic.com/us/lawsuit-updates-fact-checks/ |url-status=live }}</ref>

{{as of|September 2024}}, the case continues. In July 2024, Smartmatic subpoenaed four Fox Corporation board members.<ref>{{cite web | title=Lawsuit Updates | website=Smartmatic | date=17 September 2024 | url=https://www.smartmatic.com/us/lawsuit-updates-fact-checks/ | access-date=20 September 2024}}</ref><ref>{{cite web | last=Passantino | first=Jon | title=Fox board members subpoenaed in Smartmatic's defamation lawsuit over 2020 election lies | website=CNN | date=11 June 2024 | url=https://edition.cnn.com/2024/06/11/media/fox-corp-board-subpoena-smartmatic-lawsuit/index.html | access-date=20 September 2024}}</ref>

===Family challenge (2024–)===
{{further|Succession of Rupert Murdoch}}
In September 2024, the [[Murdoch family]] is involved in a court case in [[Reno]], [[Nevada]], in which three of Lachlan's siblings (James, his sister [[Elisabeth Murdoch (businesswoman)|Elisabeth]] and half-sister [[Prudence Murdoch|Prudence MacLeod]]) are challenging their father's bid to amend the family trust to ensure that Lachlan retains control of News Corp and Fox Corp, rather than benefiting all of his six children, as is specified in the "irrevocable" terms of the trust. According to ''[[The New York Times]]'', Murdoch Sr wants his companies to remain politically conservative, and sees his other children as too politically liberal.<ref name=clarke2024>{{cite web | last1=Clarke | first1=Carrington | last2=Ryan | first2=Brad | title=Rupert Murdoch's family feud over future of News Corp and Fox plays out in Nevada court | website=[[ABC News (Australia)|ABC News]] | date=17 September 2024 | url=https://www.abc.net.au/news/2024-09-17/rupert-lachlan-james-murdoch-news-corp-fox-court-nevada/104358816 | access-date=17 September 2024}}</ref><ref name=rutenberg2024/>

The irrevocable family trust was set up after Rupert and Anna Murdoch's divorce in 1999, to hold the family's 28.5% stake in News Corp. It relates only to the children born before then, giving them equal say in the fate of the businesses:<ref name=erskine2024/> each would have one vote in the trust, while their father would have four. Almost all of the family's wealth is in shares controlling 40% of both News Corp and Fox Corp, and is tied up in the trust, which is {{as of|lc=yes|2024}} worth around $US6 billion.<ref name=verrender2024>{{cite web |last=Verrender |first=Ian |title=Inside 'Project Harmony', Rupert Murdoch's desperate plan to keep control from beyond the grave |website=[[ABC News (Australia)|ABC News]] |date=21 September 2024 |url=https://www.abc.net.au/news/2024-09-21/inside-the-murdoch-family-power-struggle/104376356 |access-date=20 September 2024}}</ref> The terms of the trust dictate that the four children would continue to have these votes after Rupert's death.  Chloe and Grace Murdoch, Rupert's children with third wife [[Wendi Deng Murdoch|Wendi Deng]], will have no say in the business,<ref name=hassall2024>{{cite web | last=Hassall | first=Greg | title=Lachlan Murdoch controls his family's media empire, but for how long and at what cost? | website=[[ABC News (Australia)|ABC News]] | date=8 September 2024 | url=https://www.abc.net.au/news/2024-09-08/bitter-battle-brewing-over-the-murdoch-family-succession/104036852 | access-date=19 September 2024}}</ref> although will share the stock proceeds.<ref name=erskine2024>{{cite web | last=Erskine | first=Matthew F. | title=Succession: The Brewing Controversy Over The Murdoch Family Trust | website=Forbes | date=8 August 2024 | url=https://www.forbes.com/sites/matthewerskine/2024/08/08/succession-the-brewing-controversy-of-the-murdock-family-trust/ | access-date=19 September 2024}}</ref> The case follows Rupert's attempt to change the trust in October 2023 (which he dubbed "Project Harmony"), revealed to his offspring in December of that year,<ref name=verrender2024/> and the Nevada [[probate|probate commissioner]]'s finding that he was allowed to amend the trust "if he is able to show he is acting in good faith and for the sole benefit of his heirs".<ref name=rutenberg2024>{{cite web | last1=Rutenberg | first1=Jim | last2=Mahler | first2=Jonathan | title=The Murdoch Family Is Battling Over the Future of the Fox Empire | website=[[The New York Times]] | date=24 July 2024 | url=https://www.nytimes.com/2024/07/24/business/media/rupert-murdoch-succession-fox.html | access-date=19 September 2024}}</ref> According to the ''[[Wall Street Journal]]'' in September 2024, James had made an attempt at settlement, in a proposal that included the possible sale of his and his sisters' interests in the trust. However, this would lead to a loosening of the hold of Lachlan and Rupert on the companies, as they would be under financial strain.<ref name=verrender2024/> Rupert's argument in the court is that interference by the other siblings would cause a financial loss to Fox, and therefore "in their own best interests if they have their votes taken away from them".<ref name=whittaker2024>{{cite web | last=Whittaker | first=Mark | title=Lachlan Murdoch: Holding the keys to the empire and, maybe, the future of democracy | website=Forbes Australia | date=8 September 2024 | url=https://www.forbes.com.au/news/billionaires/lachlan-murdoch-holding-the-keys-to-the-empire-and-democracy/ | access-date=18 September 2024}}</ref> He argues that preserving the outlet's conservative editorial stance against interference by the more politically moderate siblings would better protect its commercial value.<ref name=erskine2024/> The court proceedings are being held in secret, although some details surround the case have leaked out.<ref name=verrender2024/>

The case has led to the three children becoming estranged from their father, with none of them attending his wedding to his fifth wife, Elena Zhukova, in June 2024.<ref name=rutenberg2024/>

== Personal life ==
Apart from full siblings Elisabeth and James Murdoch, Lachlan has three half-siblings, an elder half-sister [[Prudence Murdoch|Prudence]], and two younger sisters by his father's third marriage, Grace and Chloe.<ref name=clarke2024/> In later years, tensions between the two brothers have been reported.<ref name=Pilkington2023/><ref name=verrender2024/>

He holds Australian citizenship,<ref name=folkenflik2022>{{cite web | last=Folkenflik | first=David | title=Fox CEO Lachlan Murdoch threatened Aussie news site 'Crikey.' It's fighting back | website=[[NPR]] | date=22 August 2022 | url=https://www.npr.org/2022/08/22/1118705940/fox-news-lachlan-murdoch-australia-crikey-capitol-insurrection-jan-6 | access-date=20 September 2024}}</ref> has often stated that he sees himself as Australian and his home is in Australia.<ref name=mw2024>{{cite interview | title=Lachlan Murdoch in his own words: With The Australian's Paul Kelly| first=Lachlan |last=Murdoch|interviewer-first=Paul|interviewer-last=Kelly| interviewer-link = Paul Kelly (journalist) |publisher=[[The Australian]]| website= [[Mediaweek (Australia)]] | date=13 July 2024 | url=https://www.mediaweek.com.au/lachlan-murdoch-in-his-own-words-speaking-to-the-australians-paul-kelly/ | access-date=20 September 2024}}</ref><ref name=day2005>{{cite web | last1=Day | first1=Julia | last2=Brook | first2=Stephen | title=Life and times of Lachlan Murdoch | website=the Guardian | date=29 July 2005 | url=https://www.theguardian.com/media/2005/jul/29/pressandpublishing.rupertmurdoch1 | access-date=20 September 2024}}</ref><ref name=russell2024/> Like his brother James, as he was born in the UK before 1983, he is likely automatically a British citizen otherwise than by descent as well, though he may not have opted to exercise that citizenship. He does not have as strong ties to the UK as his father and siblings, not having spent a lot of time there.<ref name=waterson2023>{{cite web | last1=Waterson | first1=Jim | last2=Sweney | first2=Mark | title=What does Rupert Murdoch's resignation mean for his UK media outlets? | website=[[The Guardian]] | date=21 September 2023 | url=https://www.theguardian.com/media/2023/sep/21/what-does-rupert-murdochs-resignation-mean-for-his-uk-media-outlets | access-date=20 September 2024}}</ref> Having lived and worked for extended periods in the US<ref name=burrell2014/> and acquired an American accent, it is often assumed that he is American, but he said in a 2001 interview that he considers himself Australian and wishes he could lose the accent.<ref name=russell2024>{{cite web | last=Russell | first=Stephen A | title=Australian Story: Making Lachlan Murdoch, ABC review: a closer look at the chosen one | website=ScreenHub Australia | date=9 September 2024 | url=https://www.screenhub.com.au/news/reviews/australian-story-making-lachlan-murdoch-abc-review-a-closer-look-at-the-chosen-one-2651602/ | access-date=18 September 2024}}</ref>

Murdoch married British-born Australian model/actress [[Sarah O'Hare]] in 1999. The couple have two sons;<ref>{{cite news |url=http://www.heraldsun.news.com.au/common/story_page/0,5478,19059417%255E1702,00.html|title=Murdochs welcome their second son|work=[[Herald Sun]]|date=7 May 2006|access-date=11 March 2008}}</ref> and one daughter.<ref name="autogenerated1">{{cite book |last=Jukes |first=Peter |title=The Fall of the House of Murdoch: Fourteen Days That Ended a Media Dynasty |date=8 August 2012 |location=London |publisher=Unbound |publication-date=2012 |isbn=978-1-908717-43-6|language=en}}</ref><ref>{{cite news|url=http://www.theage.com.au/lifestyle/people/new-baby-for-murdochs-20100412-s4cj.html|title=New baby for Murdochs|work=[[The Age]]|date=13 April 2010|access-date=23 December 2013|author=Bibby, Paul|archive-date=17 June 2010|archive-url=https://web.archive.org/web/20100617041758/http://www.theage.com.au/lifestyle/people/new-baby-for-murdochs-20100412-s4cj.html|url-status=live}}</ref>

The Murdochs owned "Berthong", a house in {{NSWcity|Elizabeth Bay}}, Sydney, until it was sold to [[Russell Crowe]] in 2003.<ref>{{cite news|author=Sams, Christine|url=http://www.smh.com.au/articles/2003/05/31/1054177765250.html|title=On the move with Russell and Danielle|work=[[The Sydney Morning Herald|The Sun-Herald]]|date=1 June 2003|access-date=11 March 2008|archive-date=1 February 2018|archive-url=https://web.archive.org/web/20180201193054/http://www.smh.com.au/articles/2003/05/31/1054177765250.html|url-status=live}}</ref> In November 2009, Murdoch purchased "Le Manoir", a {{convert|4097|m2|adj=on}} mansion in [[Bellevue Hill, New South Wales|Bellevue Hill]] for $23&nbsp;million; and purchased an adjoining {{convert|1049|m2|adj=on}} property two years later.<ref>{{cite news|author=Chancellor, Jonathan|url=http://news.domain.com.au/domain/real-estate-news/murdochs-buy-next-door-to-expand-fiefdom-20110225-1b8rt.html|title=Murdochs buy next door to expand fiefdom|work=[[The Sydney Morning Herald]]|date=26 February 2011|access-date=14 February 2015|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215151228/http://news.domain.com.au/domain/real-estate-news/murdochs-buy-next-door-to-expand-fiefdom-20110225-1b8rt.html|url-status=live}}</ref><ref>{{cite news|author1=Thistleton, Rebecca|author2=Hutchinson, Samantha|url=http://www.afr.com/p/national/murdochs_begin_overhaul_of_bellevue_yv0HU4b8hCpwPnfu7wqCYP|title=Murdochs begin $11.6m overhaul of Bellevue Hill mansion|work=[[The Australian Financial Review]]|date=23 September 2013|access-date=11 March 2008|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215150147/http://www.afr.com/p/national/murdochs_begin_overhaul_of_bellevue_yv0HU4b8hCpwPnfu7wqCYP|url-status=live}}</ref> In 2017, Murdoch and his wife paid {{USD}}29&nbsp;million for a large equestrian property in [[Aspen, Colorado|Aspen]], Colorado, that contains a {{convert|13500|sqft|m2|order=flip|adj=on}} six-bedroom home.<ref>{{cite news |author=Clarke, Katherine |url=https://www.wsj.com/articles/lachlan-murdoch-pays-29-million-for-an-aspen-colo-home-1506007004 |title=Lachlan Murdoch Pays $29 Million for an Aspen, Colo., Home |work=[[The Wall Street Journal]] |date=21 September 2017 |access-date=18 December 2020 |archive-date=12 November 2020 |archive-url=https://web.archive.org/web/20201112032533/https://www.wsj.com/articles/lachlan-murdoch-pays-29-million-for-an-aspen-colo-home-1506007004 |url-status=live }}</ref> In 2019, they purchased the [[Chartwell Mansion|Chartwell Estate]] in Los Angeles for an estimated {{USD}}150&nbsp;million.<ref>{{Cite web|author1=Frank, Frank|author2=DiLella, Chris|date=12 December 2019|title=Take a look inside of Lachlan Murdoch's new $150 million LA mansion|url=https://www.cnbc.com/2019/12/12/tour-the-inside-of-lachlan-murdochs-new-150-million-la-mansion.html|access-date=25 June 2020|website=CNBC|language=en|archive-date=25 June 2020|archive-url=https://web.archive.org/web/20200625211530/https://www.cnbc.com/2019/12/12/tour-the-inside-of-lachlan-murdochs-new-150-million-la-mansion.html|url-status=live}}</ref><ref name=Geier>{{cite news |url=https://www.yahoo.com/entertainment/lachlan-murdoch-buys-beverly-hillbillies-133903307.html |title=Lachlan Murdoch Buys 'Beverly Hillbillies' Mansion in Bel-Air for Record $150 Million |work=[[TheWrap]] |author=Geier, Thom |date=12 December 2019 |access-date=27 August 2020 |archive-date=12 November 2020 |archive-url=https://web.archive.org/web/20201112032553/https://www.yahoo.com/entertainment/lachlan-murdoch-buys-beverly-hillbillies-133903307.html |url-status=live }}</ref>

{{as of|2023}} Murdoch owns homes in Sydney,  Aspen, and Los Angeles. His wife and children have lived in Sydney since 2021, and Lachlan splits his time between there, Los Angeles (location of Fox Corp. HQ), and New York City, where News Corp is headquartered. He speaks with an American accent but considers Australia to be his home.<ref>{{cite web | last=Rodini | first=Laura | title=Lachlan Murdoch: Everything you need to know about Rupert Murdoch's successor | website=[[TheStreet]] | date=29 September 2023 | url=https://www.thestreet.com/investing/lachlan-murdoch-everything-you-need-to-know-about-rupert-murdoch-successor | access-date=18 September 2024}}</ref>

===Political views===
Although it has been assumed that Lachlan is more [[conservative]] than his siblings, it was reported that he did not support Trump's presidency, and kept toilet paper printed with his face in his house during the 2016 campaign. However, he has backed his father's moves in business, including defending Tucker Carlson when he was on the rise.<ref name=Pilkington2023/>

In 2018, Lachlan described his political views as "conservative economically and more liberal on social policy," although this liberalism has been called performative given the anti-queer views regularly platformed by Fox Corp.<ref>{{cite web |last=Littleton |first=Cynthia |title=Lachlan Murdoch Talks Fox News, Megyn Kelly, Hope Hicks and Vision for New Fox |website=Variety |date=1 November 2018 |url=https://variety.com/2018/tv/news/lachlan-murdoch-fox-news-hope-hicks-trump-disney-1203017263/ |access-date=24 September 2024}}</ref>

In February 2023, Lachlan and his wife Sarah Murdoch gave A$1 million to a [[queer]] museum in Sydney called Qtopia, although protests outside the museum opening accused the Murdochs of 'pinkwashing' decades of vilifying the queer community<ref>{{cite web |last=Magaletti |first=Douglas |title=Murdochs Donate $1 Million To Sydney's New Queer Museum Qtopia |website=Star Observer |date=16 February 2023 |url=https://www.starobserver.com.au/news/murdochs-donate-1-million-to-sydneys-new-queer-museum-qtopia/221542 |access-date=24 September 2024}}</ref><ref>{{cite web |title=Albo, Minns open 'new chapter' of history |website=news |date=23 February 2024 |url=https://www.news.com.au/national/nsw-act/news/anthony-albanese-chris-minns-open-qtopia-in-celebration-of-sydney-queer-community/news-story/fa8412070b332f0e703510f363fc5fa4 |access-date=24 September 2024}}</ref><ref>[https://www.theaustralian.com.au/arts/qtopia-kicks-off-with-1m-gift-from-sarah-and-lachlan-murdoch/news-story/fa5e9307be8a29ab9fdd826074ef481c "Qtopia kicks off with $1m gift from Murdochs"] ''The Australian'' (subscription only)</ref>

=== Ancestry ===
{{ahnentafel
|collapsed=yes |align=center
|boxstyle_1=background-color: #fcc;
|boxstyle_2=background-color: #fb9;
|boxstyle_3=background-color: #ffc;
|boxstyle_4=background-color: #bfc;
|1=1. Lachlan Keith Murdoch
|2=2. [[Rupert Murdoch|Keith Rupert Murdoch]]
|3=3. [[Anna Murdoch Mann|Anna Torv]]
|4=4. [[Keith Murdoch|Sir Keith Murdoch]]
|5=5. [[Elisabeth Murdoch (philanthropist)|Dame Elisabeth Murdoch]]
|6=6. Jacob Tõrv
|7=7. Sylvia Braida
|8=8. [[Patrick John Murdoch]]
|9=9. Annie Brown
|10=10. Rupert Greene
|11=11. Marie Grace de Lancey Forth
|12=12. Jaan Tõrv
|13=13. Anna Tõnisson
}}

==Recognition and in the media==
In June 2005, Murdoch received the Press & Outdoor Advertising "media person of the year" award in [[Cannes]].<ref>{{cite news|url=http://blogs.smh.com.au/newsblog/archives/001299.html|title=Lachlan Murdoch heckled in Cannes|newspaper=[[The Sydney Morning Herald]]|date=23 June 2005|access-date=14 February 2015|archive-date=15 February 2015|archive-url=https://web.archive.org/web/20150215150519/http://blogs.smh.com.au/newsblog/archives/001299.html|url-status=live}}</ref>

In September 2024, [[ABC Television (Australian TV network)|ABC Television (Australia)]] aired a three-part documentary for their ''[[Australian Story]]'' program entitled: "Making Lachlan Murdoch". Murdoch did not participate in its production, which was made by journalist Paddy Manning and introduced by veteran ABC journalist [[Leigh Sales]], but it does feature a 2001 interview with him, and his billionaire friend [[James Packer]] is interviewed.<ref name=russell2024/><ref name=whittaker2024/> The style of the documentary has no voice-overs, allowing the people featured to talk in their own voices.<ref name=lewis2024>{{cite web | last=Lewis | first=Charlie | title=How do you make a series about Lachlan Murdoch when he won't participate? We asked the ABC | website=Crikey | date=9 September 2024 | url=https://www.crikey.com.au/2024/09/09/making-lachlan-murdoch-australian-story-abc-series/ | access-date=18 September 2024}}</ref>

The opening episode, "Blood" focuses on his father, Rupert, and grandfather  [[Keith Murdoch|Sir Keith Murdoch]].<ref name=russell2024/><ref>{{cite web | title=Making Lachlan Murdoch | website=ABC News | date=9 September 2024 | url=https://www.abc.net.au/news/2024-09-09/making-lachlan-murdoch-blood/104329766 | access-date=18 September 2024}}</ref> The second episode is called "Money".<ref>{{cite web | title=Making Lachlan Murdoch | website=ABC News | date=16 September 2024 | url=https://www.abc.net.au/news/2024-09-16/making-lachlan-murdoch-part-2-money/104358036 | access-date=18 September 2024}}</ref> The series is also aired on YouTube.<ref>{{YouTube|FwOcer1Aops|The roots of the bitter Murdoch family succession battle: Part 1}} Australian Story, 11 September 2024.</ref>

== Net worth ==
{{columns-start}}
{| class="wikitable"
! rowspan=2 | Year
! colspan=2 | ''[[The Australian Financial Review|Financial Review]]''<br />[[Financial Review Rich List|Rich List]]
! colspan=2 | ''[[Forbes Asia|Forbes]]''<br />[[List of Australians by net worth|Australia's 50 Richest]]
|-
! Rank
! [[Net worth]] ([[AUD|A$]])
! Rank
! {{nowrap|[[Net worth]] ([[USD|US$]])}}
|-
| 2018<ref name="afr2018">{{cite web|url=http://www.afr.com/brand/afr-magazine/rich-list-overview-20180413-h0yqo5|title=2018 AFR Rich List: Who are Australia's richest people?|work=[[The Australian Financial Review]]|date=25 May 2018|editor=Stensholt, John|access-date=26 May 2018|archive-date=26 May 2018|archive-url=https://web.archive.org/web/20180526045256/http://www.afr.com/brand/afr-magazine/rich-list-overview-20180413-h0yqo5|url-status=live}}</ref><ref name="Forbes2017">{{cite news |url=https://www.forbes.com/sites/forbesasia/2017/11/01/australias-richest-2017-mining-for-dollars/#4d3806661d24 |title=Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars |access-date=28 September 2019 |work=Forbes Asia |date=1 November 2017 |archive-date=15 August 2019 |archive-url=https://web.archive.org/web/20190815005459/https://www.forbes.com/sites/forbesasia/2017/11/01/australias-richest-2017-mining-for-dollars/#4d3806661d24 |url-status=live }}</ref>
| align="center" | ''n/a''
| align="right"  | ''unlisted''
| align="center" | ''n/a''
| align="right"  | ''unlisted''
|-
| 2019<ref name="afr2019">{{cite web|url=https://www.afr.com/rich-list/australia-s-10-wealthiest-people-revealed-20190529-p51sj0|title=Australia's 200 richest people revealed|work=[[The Australian Financial Review]]|publisher=Nine Publishing|date=30 May 2019|last=Bailey|first=Michael|access-date=31 May 2019|archive-date=3 September 2019|archive-url=https://web.archive.org/web/20190903083639/https://www.afr.com/rich-list/australia-s-10-wealthiest-people-revealed-20190529-p51sj0|url-status=live}}</ref><ref name="Forbes2019">{{cite news|url=https://www.forbes.com/australia-billionaires/list/#tab:overall|title=2019 Australia's 50 Richest|access-date=28 September 2019|work=Forbes Asia|date=January 2019|archive-date=10 June 2015|archive-url=https://web.archive.org/web/20150610174708/http://www.forbes.com/australia-billionaires/list/#tab:overall|url-status=live}}</ref>
| align="center" | {{nowrap|{{nts|18}} {{increase}}}}
| align="right"  | $3.62&nbsp;billion {{increase}}
| align="center" | ''n/a''
| align="right"  | ''unlisted''
|-
| 2020<ref name="afr2020">{{cite web|url=https://www.afr.com/rich-list/the-10-richest-australians-revealed-20201028-p569c7|url-access=subscription|title=The full list: Australia's wealthiest 200 revealed|work=[[The Australian Financial Review]]|publisher=Nine Publishing|date=30 October 2020|author1=Bailey, Michael|author2=Sprague, Julie-anne|access-date=31 October 2020|archive-date=30 October 2020|archive-url=https://web.archive.org/web/20201030180356/https://www.afr.com/rich-list/the-10-richest-australians-revealed-20201028-p569c7|url-status=live}}</ref>
| align="center" | {{nowrap|{{nts|22}} {{decrease}}}}
| align="right"  | $3.76&nbsp;billion {{gain}}
| align="center" | 
| align="right"  | 
|-
| 2021<ref name="afr2021">{{cite news |author1=Bailey, Michael |author2=Sprague, Julie-anne |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20210526-p57vfr |title=The 200 richest people in Australia revealed |work=[[Australian Financial Review]] |date=27 May 2021 |access-date=28 May 2021 |archive-date=27 May 2021 |archive-url=https://web.archive.org/web/20210527120707/https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20210526-p57vfr |url-status=live }}</ref>
| align="center" | {{nowrap|{{nts|22}} {{steady}}}}
| align="right"  | $4.43&nbsp;billion {{up}}
| align="center" | 
| align="right"  | 
|-
| 2022
| align="center" | {{nowrap|{{nts|28}} {{down}}}}
| align="right"  | $4.00&nbsp;billion {{down}}
| align="center" | 
| align="right"  | 
|-
| 2023<ref name="afr2023">{{cite news |author1=Bailey, Michael |author2=Sprague, Julie-anne |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20230523-p5dapa |title=The 200 richest people in Australia revealed |work=[[Australian Financial Review]] |date=26 May 2023 |access-date=6 June 2023 |archive-date=6 June 2023 |archive-url=https://web.archive.org/web/20230606141432/https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20230523-p5dapa |url-status=live }}</ref>
| align="center" | {{nowrap|{{nts|33}} {{down}}}}
| align="right"  | $3.35&nbsp;billion {{down}}
| align="center" | 
| align="right"  | 
|-
| 2024<ref name="afr2024">{{cite news |author1=Redrup, Yolanda |author2=Bailey, Michael |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20240521-p5jfe4 |title=Australia's wealthiest 200 now control $625b |work=[[Australian Financial Review]] |date=30 May 2024 |access-date=18 September 2024}}</ref>
| align="center" | {{nowrap|{{nts|35}} {{down}}}}
| align="right"  | $3.75&nbsp;billion {{up}}
| align="center" | 
| align="right"  | 
|-
| 2025<ref name="afr2025">{{cite news |author1=Redrup, Yolanda |url=https://www.afr.com/rich-list/australia-s-wealthiest-200-revealed-fortunes-blow-past-667b-20250509-p5lxxb |title=Australia’s wealthiest 200 revealed, fortunes blow past $667b |work=[[Australian Financial Review]] |date=30 May 2025 |access-date=31 May 2025 |url-access=subscription }}</ref>
| align="center" | {{nowrap|{{nts|47}} {{down}}}}
| align="right"  | $3.21&nbsp;billion {{down}}
| align="center" | 
| align="right"  | 
|}

{{column}}
{| class="wikitable"
!colspan="2"|<small>Legend</small>
|-
!<small> Icon</small>
!<small> Description</small>
|-
|{{steady}}
|<small>Has not changed from the previous year</small>
|-
|{{profit}}
|<small>Has increased from the previous year</small>
|-
|{{loss}}
|<small>Has decreased from the previous year</small>
|}
{{columns-end}}

==Footnotes==
{{notelist}}

== References ==
{{Reflist}}

== Further reading ==
* {{cite book |last=Barry |first=Paul|author-link=Paul Barry |title=Rich Kids: How the Murdochs and Packers lost $950 million in One.Tel |publisher=Bantam Books |year=2003 |isbn=978-1-86325-339-0 |url=https://books.google.com/books?id=5DtcAMtgkL0C}}
* {{cite book |last=Chenoweth |first=Neil |title=Virtual Murdoch: Reality Wars on the Information Highway |publisher=Secker & Warburg |year=2001 |isbn=978-0-436-23389-0 |url=https://books.google.com/books?id=yIEVAQAAIAAJ}} Mainly about Rupert Murdoch
* {{cite book |last=Manning |first=Paddy |title=The Successor: The High-Stakes Life of Lachlan Murdoch |publisher=[[Black Inc]] |year=2022 |isbn=978-1-74382-271-5 |url=https://books.google.com/books?id=PJp8EAAAQBAJ}}

== External links ==
<!--general ones first, followed by newest to oldest--->
{{commons category}}
* {{NYTtopic|people/m/lachlan_murdoch}}
*[https://ireland.mom-gmr.org/en/owner/individual-owners/detail/owner/owner/show/murdoch-family-2/ Murdoch family], Media Ownership Ireland, 2023
* {{cite journal|author=Strupp, Joe|url=http://www.editorandpublisher.com/Article/Murdoch-the-Next-Generation|title=Murdoch, the Next Generation|journal=[[Editor & Publisher]]|date=16 December 2002|archive-url=https://web.archive.org/web/20150215150208/http://www.editorandpublisher.com/Article/Murdoch-the-Next-Generation| archive-date=15 Feb 2015}}
<!---can't really see the point of this one, without indicating why it is relevant---* {{cite web|url=http://investor.newscorp.com/secfiling.cfm?filingID=1181431-09-55595|title=Statement of Changes of Beneficial Ownership|work=[[Securities and Exchange Commission|U. S. Securities and Exchange Commission]]|publisher=News Corp|date=8 December 2009|archive-url=https://web.archive.org/web/20110714174033/http://investor.newscorp.com/secfiling.cfm?filingID=1181431-09-55595|archive-date=14 July 2011|url-status=dead}}--->
{{News Corporation}}
{{Subject bar
|portal1=Australia
|portal2=Biography
|portal3=Business and economics
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{{Authority control}}

{{DEFAULTSORT:Murdoch, Lachlan}}
[[Category:1971 births]]
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[[Category:Murdoch family|Lachlan]]
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