• Thu
  • Dec 18, 2014
  • Updated: 2:23pm
NewsHong Kong

Rupert Murdoch files for divorce from Wendi Deng

PUBLISHED : Friday, 14 June, 2013, 2:28am
UPDATED : Friday, 14 June, 2013, 2:35am

LOS ANGELES — Rupert Murdoch filed for divorce Thursday, seeking to break up his 14-year marriage to third wife Wendi Deng.

News of the marriage split comes just two weeks before Murdoch plans to break apart his global media empire into two separate companies.

News Corp. confirmed that its 82-year-old chief executive has filed for divorce in New York state court. Murdoch and Deng, 44, have two children, Grace, 13, and Chloe, 10. Murdoch also has four children from his previous marriages.

The two met when Deng was a junior executive at News Corp.’s Star TV in Hong Kong in 1999. The settlement to dissolve Murdoch’s marriage to his second wife Anna was estimated at $1.7 billion, making it one of the expensive divorces ever.

The Deng divorce is not expected to affect the corporate structure of News Corp., a senior executive said. Murdoch controls almost 40 percent of News Corp.’s voting stock.

Forbes lists Murdoch’s net worth at $11.2 billion. The mogul’s wealth has soared in the past year as News Corp. stock has been trading at an all-time high. With the expected break-up of News Corp., Murdoch’s pay next year is expected to exceed $28 million.

———

©2013 Los Angeles Times

Visit the Los Angeles Times at www.latimes.com

Distributed by MCT Information Services

_____

Topics: t000027855,t000003146,t000003142,c000213780,c000214847

Share

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive
 
 

 

 
 
 
 
 

Login

SCMP.com Account

or