© Reuters. FILE PHOTO: 91st Academy Awards – Vanity Fair – Beverly Hills, CA, USA, February 24, 2019 – Rupert Murdoch and Jerry Hall.REUTERS/Danny Molochock
(Reuters) – Media mogul Rupert Murdoch and actress Jerry Hall are divorcing, the New York Times reported on Wednesday, citing two people familiar with the matter.
Murdoch married Hall in March 2016 in a low-key ceremony in central London. The Fox chairman and his ex-supermodel wife often provide material for the tabloids documenting their wedding at Spencer Palace and the celebrations surrounding Murdoch Sr.’s 90th birthday at Tavern on the Green in New York City last year celebrations held.
Murdoch’s fourth divorce is unlikely to change the ownership structure of businesses in which he has stakes, which include Fox News, the parent company of Fox News Channel, and the News Corp (NASDAQ: WSJ) publisher of The Wall Street Journal. Report.
He controls News Corp. and Fox Corp. through a family trust based in Reno, Nevada, that holds about 40 percent of the voting shares in both companies.
Murdoch’s spokesman, Bryce Tom, declined to comment. A representative for Hall did not immediately respond to a request for comment.
With an estimated net worth of $17.7 billion, the billionaire has built a vast media empire with assets spread across the globe.He sold Fox Studios and other entertainment properties to Walter disney (NYSE: ) Co in a $71.3 billion deal that closed in March 2019.
Murdoch was previously married to entrepreneur Wendi Deng, who divorced in 2014 after 14 years of marriage. They have two daughters. In 1999, he split from his second wife, Anna Murdoch Mann, a Scottish journalist with whom he has three children. He and his first wife, Patricia Booker, a former flight attendant, divorced in 1966.