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The Murdoch Family Trust: When Irrevocable is Revocable

In Trust & Estates Litigation by admin

Billionaire media mogul Rupert Murdoch established the Murdoch Family Trust in 1999, as a condition of his divorce from his second wife, Anna Murdoch Mann. The Trust ensures that the family’s 28.5% stake in News Corporation- which is valued at approximately $6 billion and includes Fox News, The Wall Street Journal and the New York Post- be passed down equally …