Lachlan Murdoch's Pay Rises to $23.8M Amid Fox Family Succession Battle

Rupert Murdoch seeks to amend trust to give Lachlan more control, facing opposition from his other children.

Fox Corp. CEO Lachlan Murdoch's compensation increased by 9% to $23.8 million for fiscal 2024.
Rupert Murdoch received $21.2 million in total compensation for fiscal 2024, a 7% decrease from the previous year.
The Murdoch family is currently in a Nevada probate court dispute over the future control of the family trust.
Rupert Murdoch aims to change the trust to give Lachlan more control, opposed by his other children, James, Elisabeth, and Prudence.
Fox shareholders will vote on executive compensation and other matters at the annual meeting on November 19.