Even media tycoon Rupert Murdoch — the architect of the Fox empire and Lachlan's father — took a pay cut after the deal closed.
Fox Corp. CEO Lachlan Murdoch — Rupert Murdoch's billionaire heir — is still being paid the same $20 million he was to lead the much larger 21st Century Fox before the sale to Disney, a review of regulatory filings by Bloomberg found. Even Rupert Murdoch — the architect of the Fox empire — took a pay cut after the deal closed. His target compensation was cut in half to $18 million, Bloomberg's Anders Melin reported.
Fox Corp. CEO Lachlan Murdoch — Rupert Murdoch's billionaire heir — is still being paid the same $20 million he was to lead the much larger 21st Century Fox before the sale to Disney, a review of regulatory filings by Bloomberg found. Even Rupert Murdoch — the architect of the Fox empire — took a pay cut after the deal closed. His target compensation was cut in half to $18 million, Bloomberg's Anders Melin reported.
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