What Happened to Keith Rupert Murdoch?
Rupert Murdoch is an Australian-born American media mogul who built a vast global media empire, including News Corp and Fox Corporation. After decades of aggressive expansion and strategic acquisitions, he stepped down from his chairman roles in 2023, passing control of the family's media assets to his eldest son, Lachlan Murdoch, following a significant family trust settlement in 2025. He remains active as Chairman Emeritus and recently married for the fifth time in 2024.
Quick Answer
Rupert Murdoch, the influential media magnate, retired as Chairman of Fox Corporation and News Corp in November 2023, transitioning to Chairman Emeritus. His eldest son, Lachlan Murdoch, assumed sole control of the media empire after a family trust settlement in September 2025, which resolved a protracted succession battle. In June 2024, Murdoch married retired molecular biologist Elena Zhukova, marking his fifth marriage. As of early 2026, he continues to exert influence, notably lobbying former President Donald Trump in February 2026 regarding NFL media rights and the threat of streaming services to broadcast networks.
📊Key Facts
📅Complete Timeline14 events
Inherits 'The News'
Following his father's death, Rupert Murdoch takes over 'The News,' a small Adelaide newspaper, marking the beginning of his media career.
Expands to the UK
Murdoch expands his media holdings into the United Kingdom, acquiring 'News of the World' and 'The Sun,' establishing a significant presence in the British tabloid market.
Moves to the United States
Murdoch relocates to New York City to focus on expanding his media empire into the American market, acquiring the 'San Antonio Express-News' and later the 'New York Post'.
Becomes US Citizen and Acquires 20th Century Fox
Murdoch becomes a naturalized U.S. citizen, a legal requirement for owning American television stations, and acquires 20th Century Fox Film Corporation.
Launches Fox Broadcasting Company
Murdoch establishes the Fox Broadcasting Company, creating a fourth major television network in the United States to compete with ABC, CBS, and NBC.
Launches Fox News Channel
The Fox News Channel is launched, quickly growing to become a dominant and influential 24-hour cable news network.
Acquires Dow Jones & Company
News Corp acquires Dow Jones & Company, the publisher of 'The Wall Street Journal,' for $5.6 billion, significantly expanding its financial news holdings.
Phone Hacking Scandal Erupts
Allegations surface that Murdoch's companies, including 'News of the World,' engaged in phone hacking, leading to widespread investigations and the closure of the newspaper.
News Corporation Splits
The original News Corporation splits into two publicly traded companies: News Corp (focusing on publishing) and 21st Century Fox (holding media and entertainment assets).
Sells 21st Century Fox Assets to Disney
Most of 21st Century Fox's entertainment assets are sold to The Walt Disney Company for $71.3 billion, with the remaining news, sports, and broadcast assets forming the new Fox Corporation.
Retires as Chairman
Rupert Murdoch announces he will step down as Chairman of Fox Corporation and News Corp in November 2023, becoming Chairman Emeritus. His son, Lachlan Murdoch, is named sole chairman.
Marries Elena Zhukova
Rupert Murdoch marries retired molecular biologist Elena Zhukova in June 2024, marking his fifth marriage.
Family Trust Succession Settlement
The Murdoch family reaches a settlement in a legal battle over the family trust, ensuring Lachlan Murdoch secures long-term control of the media empire. Three of his older siblings relinquish their stakes.
Lobbies Trump on NFL Streaming Rights
As Chairman Emeritus, Rupert Murdoch reportedly lobbies former President Donald Trump at a White House dinner, raising concerns that the NFL's shift to streaming could harm broadcast networks.
🔍Deep Dive Analysis
Rupert Murdoch's journey to becoming one of the world's most powerful media moguls began in 1952 when he inherited a small Adelaide newspaper, 'The News,' after his father's death. From this modest beginning, he embarked on an aggressive expansion strategy, first acquiring newspapers in Australia and New Zealand, then expanding into the United Kingdom in 1969 with the acquisition of 'News of the World' and 'The Sun'. His move to New York City in 1974 marked his entry into the American market, where he purchased the 'San Antonio Express-News' and later the 'New York Post'.
A key turning point in his career was the establishment of the Fox Broadcasting Company in 1986, challenging the dominance of established networks like ABC, CBS, and NBC. This was followed by the launch of the highly influential Fox News Channel in 1996, which quickly became a dominant force in cable news. Murdoch's empire continued to grow with significant acquisitions, including Dow Jones & Company, publisher of 'The Wall Street Journal,' in 2007.
Murdoch's career has also been marked by controversy, most notably the 2011 phone-hacking scandal involving 'News of the World' in the UK, which led to its closure and widespread investigations. In 2013, News Corporation underwent a major restructuring, splitting into two publicly traded companies: News Corp (publishing assets) and 21st Century Fox (media and entertainment assets). In 2019, he sold the majority of 21st Century Fox's entertainment assets to The Walt Disney Company for $71.3 billion, with the remaining broadcasting, news, and sports properties forming the new Fox Corporation.
The question of succession became a central theme in recent years, often likened to the HBO series 'Succession'. In September 2023, Murdoch announced his retirement as Chairman of Fox Corporation and News Corp, becoming Chairman Emeritus, with his eldest son Lachlan Murdoch taking over as sole chairman. A contentious legal battle over the family trust, which aimed to ensure Lachlan's long-term control, was settled in September 2025. This agreement saw three of his older children (Prudence, Elisabeth, and James) relinquish their stakes for an estimated $1.1 billion each, cementing Lachlan's control of the media empire until at least 2050 and preserving its conservative editorial direction.
As of May 13, 2026, Rupert Murdoch, at 95 years old, remains Chairman Emeritus of both News Corp and Fox Corporation. He married retired molecular biologist Elena Zhukova in June 2024, his fifth marriage. Demonstrating his continued engagement in media politics, in February 2026, Murdoch reportedly lobbied former President Donald Trump at a White House dinner, expressing concerns that the NFL's increasing shift of games to streaming platforms could harm traditional broadcast networks like Fox. This intervention led to federal inquiries into the NFL's media rights practices.
What If...?
Explore alternate histories. What if Keith Rupert Murdoch made different choices?