Wednesday, July 15, 2026

Commissioner blocks Murdoch from changing family trust to favour son

Meanwhile, the lawyer for the father and son duo, Adam Streisand, said Mr Murdoch and Lachlan were disappointed with the ruling and intended to appeal.

• December 10, 2024
Rupert Murdoch and Lachlan
Rupert Murdoch and Lachlan [Credit: GETTY IMAGES]

American billionaire and owner of News Corp, Rupert Murdoch, has lost his attempt to change the family’s trust to consolidate eldest son Lachlan’s control of his media empire after a Nevada commissioner ruled that the father and the son had acted in ‘bad faith’.

According to the New York Times, the current irrevocable trust divides the company’s control equally among Mr Murdoch’s four oldest children Lachlan, James, Elisabeth and Prudence — after his death.

However, the father and son, the head of Fox News and News Corp, had moved to amend the terms of the trust to give the latter more control of the media, which ultimately resulted in a legal tussle between the Murdoch family.

Through his News Corp company, Mr Murdoch owns dozens of other media outlets, including The Sun and The Times in the United Kingdom, The Daily Telegraph and Herald Sun in Australia, The Wall Street Journal and New York Post in the U.S. and other publishing companies.

In a sealed court document obtained by the Times following a decision filed by commissioner Edmund J. Gorman Jr on Saturday, the Nevada commission ruled against Mr Murdoch and Lachlan and even characterised the plan to change the trust as a “carefully crafted charade” in the scathing 96-page opinion.

Mr Gorman also faulted Mr Murdoch’sattempt to “permanently cement Lachlan Murdoch’s executive roles” inside the empire “regardless of the impacts such control would have over the companies or the beneficiaries” of the family trust.

In a statement following the ruling, James, Elisabeth and Prudence said, “We welcome Commissioner Gorman’s decision and hope that we can move beyond this litigation to focus on strengthening and rebuilding relationships among all family members.”

Meanwhile, the lawyer for the father and son duo, Adam Streisand, said Mr Murdoch and Lachlan were disappointed with the ruling and intended to appeal.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Police officer

States

Two suspects arrested over alleged car theft in Bauchi

The suspects were arrested in an intelligence operation at Yelwa area on July 12, 2026 at 10: 30 p.m.

Atiku Abubakar

NationWide

Kogi Abduction: Atiku decries normalisation of insecurity under Tinubu

The abduction occurred on Tuesday at about 5:25 p.m. when the students were writing their exam.

Ogun state government

States

Ogun, GIZ meet to sustain skills, enterprise initiatives

Ms Sofela reaffirmed the government’s commitment to private sector-led industrialisation.

Industrial Training Fund (ITF)

NationWide

ITF targets 200,000 artisans under SUPA 2026 programme

Mr Ogun said that the SUPA programme is a presidential initiative.

Dangote Refinery

NationWide

Dangote Refinery shields Nigerians from global fuel price shock: S&P

Despite global pressures, Dangote Petroleum Refinery has continued its policy of gradual price moderation.

Governor Charles Soludo

States

Land Dispute: Anambra community seeks Soludo’s intervention

Mrs Obi appealed to the governor to ensure justice prevailed.