Lachlan Murdoch

Co-Chairman, News Corp.

Executive Chairman and Chief Executive Officer, Fox Corp.

THE LATEST: Fox Corp. announced in March that it has entered into a definitive agreement to acquire Tubi, a free ad-supported streaming company, for about $440 million in net cash consideration at closing. It wasn't the only big deal Murdoch was involved in last year. In December, he paid $150 million — a California record — for the "Beverly Hillbillies" estate in Bel Air.

BACKGROUND: Murdoch is one of the heirs to News Corp., the media company built by his father, Rupert Murdoch. Lachlan Murdoch has held a range of roles across Fox properties over the past two decades. He served as executive chairman of 21st Century Fox prior to the closing of the company's merger with The Walt Disney Co. in March 2019. He has also served as deputy chief operating officer at News Corp., chairman of Fox Television Studios and publisher of the New York Post.

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