Lachlan Murdoch
Michael Buckner for Variety
United States United Kingdom
2021

Fox Corporation

Lachlan
Murdoch

Executive Chairman / CEO

Murdoch had to give up his studio-chief job in 2019 when News Corp. sold its 21st Century Fox assets to Disney, but he’s retained his position as the No. 2 man at the company and heir apparent to his father, Rupert Murdoch, who turned 90 in March 2021. As chairman and CEO of Fox Corp., he was able to boast of rising ad revenue, the success of its AVOD platform Tubi and Fox News’ continued ratings dominance. In May, Fox acquired sports website Outkick, which complements its Fox Bet online gambling platform, owned in partnership with the Stars Group. Murdoch took a break from News Corp. from 2005 to 2014, during which time he founded the private investment company Illyria Pty Ltd, whose holdings include media company Nova Entertainment in Australia.

Career

  • 21st Century Fox (DEFUNCT)
  • News Corporation
  • Fox Corporation

Education

  • Princeton University (NJ, USA)

Variety Honors

  • 2017 Variety500 Honoree
  • 2018 Variety500 Honoree
  • 2019 Variety500 Honoree
  • 2020 Variety500 Honoree

Philanthropy

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News from Variety

Rupert and Lachlan Murdoch's Fox Corp. Compensations Decrease to $31M and $27M

Rupert and Lachlan Murdoch's Fox Corp. Compensations Decrease to $31M and $27M

Salaries for senior executives at Fox Corporation declined in the company's most recent fiscal year as the owner of Fox News Channel and the Fox broadcast network reduced compensation packages as part of dealing with conditions spurred by the coronavirus pandemic.Lachlan Murdoch, CEO of Fox and executive chairman, saw his total compensation fall to $27.7 million in fiscal 2021, compared with $29.2 million in the previous fiscal year, marking a decrease of approximately 5%. Rupert Murdoch, the company's executive chairman...

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