Rupert Murdoch

A family trust and its limits. Murdoch controlled News Corp and Fox through voting shares held in a family trust that gave his four eldest children equal votes after his death. When he tried to change the trust to hand control to his son Lachlan, a Nevada probate court blocked him in 2024, and in 2025 the family settled by buying out three of the siblings. It shows how a trust can tie a founder's hands.