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=== Children === Murdoch has six children.<ref name="Explode">{{Cite news | url = https://www.telegraph.co.uk/news/uknews/phone-hacking/8641599/Phone-hacking-Rupert-Murdochs-media-empire-explodes.html | title = Phone hacking: Rupert Murdoch's media empire explodes | date = 16 July 2011 | work = Daily Telegraph | location=London | first1=Neil | last1=Tweedie | first2=Matthew | last2=Holehouse }}</ref> His eldest child, Prudence MacLeod, was appointed on 28 January 2011 to the board of [[Times Newspapers Ltd]], part of [[News International]], which publishes ''[[The Times]]'' and ''[[The Sunday Times]]''.<ref>{{cite news|title=Another Murdoch joins the Time.|url=https://www.theguardian.com/media/greenslade/2011/mar/02/rupert-murdoch-thetimes|work=The Guardian|access-date=24 July 2011|date=2 March 2011|location=London|first=Roy|last=Greenslade|archive-date=30 September 2013|archive-url=https://web.archive.org/web/20130930145210/http://www.theguardian.com/media/greenslade/2011/mar/02/rupert-murdoch-thetimes|url-status=live}}</ref> Murdoch's elder son [[Lachlan Murdoch|Lachlan]], formerly the Deputy Chief Operating Officer at the News Corporation and publisher of the ''[[New York Post]]'', was Murdoch's [[heir apparent]] before resigning from his executive posts at the global media company at the end of July 2005.<ref name="Explode" /> Lachlan's departure left [[James Murdoch]], Chief Executive of the satellite television service [[British Sky Broadcasting]] since November 2003 as the only Murdoch son still directly involved with the company's operations, though Lachlan has agreed to remain on the News Corporation's board.<ref>{{cite news | url = http://www.economist.com/node/4255447 | title = The sadness of Rupert Murdoch | newspaper = The Economist | date = 4 August 2005 | access-date = 19 July 2011 | archive-date = 23 October 2012 | archive-url = https://web.archive.org/web/20121023234557/http://www.economist.com/node/4255447 | url-status = live }}</ref> After graduating from [[Vassar College]]<ref name="Court" /> and marrying classmate Elkin Kwesi Pianim (the son of Ghanaian financial and political mogul [[Kwame Pianim]]) in 1993,<ref name="Court" /> Murdoch's daughter [[Elisabeth Murdoch (businesswoman)|Elisabeth]] and her husband purchased a pair of NBC-affiliate television stations in California, [[KSBW]] and [[KSBY]], with a $35 million loan provided by her father. By quickly re-organising and re-selling them at a $12 million profit in 1995, Elisabeth emerged as an unexpected rival to her brothers for the eventual leadership of the publishing dynasty. But, after divorcing Pianim in 1998 and quarrelling publicly with her assigned mentor [[Sam Chisholm]] at BSkyB, she struck out on her own as a television and film producer in London. She has since enjoyed independent success, in conjunction with her second husband, [[Matthew Freud]], the great-grandson of [[Sigmund Freud]], whom she met in 1997 and married in 2001.<ref name="Court">{{cite web | location = UK | url = https://www.theguardian.com/politics/2008/nov/13/elisabeth-murdoch-matthew-freud-politics | title = Inside the court of London's golden couple | work = The Guardian | date = 13 November 2008 | first = John | last = Harris | access-date = 13 December 2016 | archive-date = 4 November 2016 | archive-url = https://web.archive.org/web/20161104031834/https://www.theguardian.com/politics/2008/nov/13/elisabeth-murdoch-matthew-freud-politics | url-status = live }}</ref> Until September 2023, it was not known how long Murdoch would remain as News Corporation's CEO. For a while the American cable television entrepreneur [[John Malone]] was the second-largest voting shareholder in News Corporation after Murdoch himself, potentially undermining the family's control. In 2007, the company announced that it would sell certain assets and give cash to Malone's company in exchange for its stock. In 2007, the company issued Murdoch's older children voting stock.<ref>{{Cite web|title=The Murdoch family's $US71 billion peace treaty|url=https://www.afr.com/companies/media-and-marketing/the-murdoch-family-s-us71-billion-peace-treaty-20190322-p516mp|date=22 March 2019|website=Australian Financial Review|language=en|access-date=12 May 2020|archive-date=6 August 2020|archive-url=https://web.archive.org/web/20200806193341/https://www.afr.com/companies/media-and-marketing/the-murdoch-family-s-us71-billion-peace-treaty-20190322-p516mp|url-status=live}}</ref> Murdoch has two children with Wendi Deng: Grace (b. New York, November 2001)<ref name="BBC Murdoch" /> and Chloe (b. New York, July 2003).<ref name="Wherenow">{{cite news | url = https://www.independent.co.uk/news/media/so-where-does-rupert-murdoch-go-from-here-500802.html | title = So where does Rupert Murdoch go from here? | date = 31 July 2005 | work = The Independent | location = London | access-date = 22 August 2017 | archive-date = 22 July 2011 | archive-url = https://web.archive.org/web/20110722215804/http://www.independent.co.uk/news/media/so-where-does-rupert-murdoch-go-from-here-500802.html | url-status = live }}</ref><ref name="GuardianWives" /> It was revealed in September 2011 that [[Tony Blair]] is Grace's [[Guardian (law)|godfather]].<ref>{{Cite journal | url = https://www.telegraph.co.uk/news/politics/tony-blair/8740530/Tony-Blair-is-godfather-to-Rupert-Murdochs-daughter.html | title = Tony Blair is godfather to Rupert Murdoch's daughter | date = 4 September 2011 | journal = The Telegraph | location = London | first = Anita | last = Singh | access-date = 5 April 2018 | archive-date = 25 December 2017 | archive-url = https://web.archive.org/web/20171225223419/http://www.telegraph.co.uk/news/politics/tony-blair/8740530/Tony-Blair-is-godfather-to-Rupert-Murdochs-daughter.html | url-status = live }}</ref> There is reported to be tension between Murdoch and his oldest children over the terms of a trust holding the family's 28.5% stake in News Corporation, estimated in 2005 to be worth about $6.1 billion. Under the trust, his children by Wendi Deng share in the proceeds of the stock but have no voting privileges or control of the stock. Voting rights in the stock are divided 50/50 between Murdoch on the one side and his children of his first two marriages. Murdoch's voting privileges are not transferable but will expire upon his death and the stock will then be controlled solely by his children from the prior marriages, although their half-siblings will continue to derive their share of income from it. It is Murdoch's stated desire to have his children by Deng given a measure of control over the stock proportional to their financial interest in it. It does not appear that he has any strong legal grounds to contest the present arrangement, and both ex-wife Anna and their three children are said to be strongly resistant to any such change.<ref>{{cite web | url = https://www.nytimes.com/2005/08/02/business/media/02murdoch.html | title = Wife and Ex-Wife Now Shape News Corp.'s Fate | date = 2 August 2005 | work = The New York Times | access-date = 18 February 2017 | archive-date = 10 August 2014 | archive-url = https://web.archive.org/web/20140810123645/http://www.nytimes.com/2005/08/02/business/media/02murdoch.html | url-status = live }}</ref>
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