Rupert Murdoch has filed for divorce from his third wife, Wendi Deng Murdoch, saying their 14-year marriage had “broken down irretrievably for a period of more than six months”, writes Andrew Edgecliffe-Johnson in New York.
The decision, two weeks before News Corp’s split into separate entertainment and publishing companies, should have “no effect” on either business, two people close to the group said.
Ms Murdoch has no equity in News Corp and no voting rights in a company where the Murdoch family controls 39.4 per cent of the voting stock. The couple’s children, Grace and Chloe, have 8.73m class A non-voting shares administered by the GCM Trust, worth $270m at current prices.