Rupert Murdoch resigns from his 92-year-old empire, the reason was not age
Australian born in America, one of the most influential people in America and beyond, Rupert Murdoch has resigned from Fox News, leaving his son in charge.
92 years old, Republican. The powerful businessman, media mogul, Murdoch has moved many marionettes in the political and media life of business.
He will become chairman emeritus of the two corporations, Fox Corp. announced. in a press release. His eldest son, Lachlan Murdoch, will become sole chairman of both firms.
"For my entire professional life, I have been engaged every day with news and ideas, and that will not change. But the time is right for me to take on different roles," Murdoch, 92, said in a message to employees. .
"In my new role, I guarantee you that I will be involved every day in the competition of ideas", he wrote.
Fox Corp said in its news release that Murdoch will formally step down at a shareholder meeting in November.
Rupert Murdoch has 6 children, but has chosen to entrust the management of his empire to his eldest son, Lachlan Murdoch.