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Lachlan Murdoch

Opinion

Lachlan got his prize, but like everything in Murdoch world, money was the real winner

Eric Beecher Journalist and author September 9, 2025 — 7.30pm

When Rupert Murdoch inherited his news empire from his father in 1952, it comprised a scrappy Adelaide afternoon tabloid paper, a pile of debt and the raw ambitions of a 21-year-old neophyte who had never run anything.

When, on Monday, Lachlan Murdoch inherited his news empire from his father – on his 54th birthday – it comprised tens of billions of dollars of assets, including Fox News – the world’s most profitable media business – big daily papers in the US, Britain and Australia, sports broadcasting, book publishing and lucrative online property websites.

Both inheritances, 73 years

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