Who is Lachlan Murdoch?
Lachlan Murdoch is a prominent figure in the media industry, known for his significant role in his family’s media empire. Here are some key points about him:
Key Takeaways
- Lachlan Murdoch is a key figure in the global media industry, serving as the Chairman and CEO of Fox Corporation.
- He has a strong educational background with a degree from Princeton University.
- Lachlan has held significant roles in News Corporation, 21st Century Fox, and Ten Network Holdings.
- He is an active investor through his private investment company, Illyria Pty Ltd.
- Lachlan is involved in various philanthropic activities alongside his wife, Sarah O’Hare.
- He has been recognized for his strategic vision and leadership in the media industry.
- Lachlan Murdoch continues to shape the future of media and entertainment through his influential roles and investments.
- He is the owner of the sailing yacht SARISSA, and also owns a Gulfstream G650ER private jet.
Background and Early Life
Birth and Education: Lachlan Keith Murdoch was born on September 8, 1971, in London, England. He is the eldest son of media mogul Rupert Murdoch and his second wife, Anna Torv. He was raised in New York City and attended the prestigious Trinity School. He later attended Phillips Academy in Andover, Massachusetts, before graduating from Princeton University with a degree in Philosophy.
Professional Career
News Corporation: Lachlan began his career within his father’s media companies. He held various roles at News Corporation, a global media conglomerate founded by Rupert Murdoch. He rose through the ranks and was appointed Deputy Chief Operating Officer and Executive Vice President.
Ten Network Holdings: In 2010, Lachlan Murdoch made a significant investment in Australia’s Ten Network Holdings, a major television network, and eventually became its Chairman.
21st Century Fox: After a brief departure from his father’s businesses, Lachlan returned to the fold and took on senior executive roles at 21st Century Fox. He served as Executive Chairman of 21st Century Fox, which housed Fox’s film and television assets.
Fox Corporation: Following the sale of 21st Century Fox’s entertainment assets to Disney in 2019, Lachlan became Chairman and CEO of the newly formed Fox Corporation, which retained the news, sports, and broadcast assets. Under his leadership, Fox Corporation continues to be a significant player in the media landscape.
Investment Ventures
In addition to his roles in the family business, Lachlan Murdoch is an active investor. He founded Illyria Pty Ltd, a private investment company. Through Illyria, he has invested in various media and technology ventures, further expanding his influence in the industry.
Personal Life
Family: Lachlan Murdoch is married to Australian model and actress Sarah O’Hare. The couple has three children. The family resides in both the United States and Australia, reflecting Lachlan’s dual commitments to his professional interests in both countries.
Philanthropy: Lachlan and his wife are involved in various philanthropic activities, supporting causes related to education, health, and the arts.
Recognition and Influence
Industry Recognition: Lachlan Murdoch is widely recognized for his strategic vision and leadership in the media industry. His ability to navigate the evolving media landscape and drive growth in his family’s businesses has earned him a respected place among industry leaders.
Public Perception: Like his father, Lachlan’s business decisions and leadership style have been subject to public scrutiny. However, he continues to be a key figure in shaping the future of media and entertainment.
Net Worth
His net worth is estimated by Forbes at $4 billion. His father’s net worth is $20 billion.
Sources
https://en.wikipedia.org/wiki/Lachlan_Murdoch
https://www.foxcorporation.com/management/board-of-directors/lachlan-murdoch/
https://www.forbes.com/profile/rupert-murdoch/
Rupert Murdoch
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