Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
$71bn Disney-Fox deal turns Murdoch's 6 children into billionaires
short by Krishna Veera Vanamali / on Wednesday, 20 March, 2019
US media tycoon Rupert Murdoch's six children will become billionaires following Disney's $71 billion acquisition of 21st Century Fox assets. The $12 billion of proceeds from the deal are set to be distributed to his children – Prudence, Elisabeth, Lachlan, James, Grace Helen and Chloe, Bloomberg reported. Murdoch's fortune will fall from $19.3 billion to $7.3 billion as a result.
read more at Bloomberg Quint