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Lachlan Murdoch becomes serial dealmaker at helm of media empire

Heir apparent has overseen $7bn of acquisitions since 2019 compared with $700m by brother James

Lachlan Murdoch has emerged as a serial dealmaker since taking the reins as the heir apparent of his father Rupert’s entertainment empire in 2019, overseeing almost $7bn in acquisitions. 

Over the past decade Lachlan and his brother James jockeyed for the role of successor to Rupert, who is now 90 years old, but the question was settled after the break-up of the Murdoch empire through the $71bn sale of the bulk of 21st Century Fox to Disney in March 2019.

Lachlan, 50, now has leading roles at the companies still controlled by the Murdoch family, becoming chief executive of Fox and continuing as co-chair of News Corp, which publishes The Wall Street Journal, The Times and the New York Post.

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