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Rupert Murdoch divorcing Wendi Deng, citing relationship “broken down irretrievably” - EOTM! Online – New Media Connoisseurs

Rupert Murdoch divorcing Wendi Deng, citing relationship “broken down irretrievably”

Published by EOTM News Editor on June 14th, 2013 - in Breaking News, Celebrity break ups, Entertainment News

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News Corp founder Rupert Murdoch has filed for divorce from Wendi Deng Murdoch, the mother of his two youngest children.

The Murdochs -- Photo credit: AFP/Getty Images

The news, first reported by Deadline Hollywood and confirmed by a spokesman, brings to an end the media mogul’s third marriage.

The divorce filing, which was sealed, comes just days before News Corp is to split into two companies, one containing its entertainment assets and the other holding its publishing business. Murdoch, who Forbes says is worth $9.4 billion, is to be chairman of both publicly traded companies.

Despite the timing, there is no connection between the divorce and the corporate split, said a source close to News Corp who was not authorized to discuss the matter publicly.

Analysts said the end of the Murdochs’ marriage was unlikely to have an impact on the media empire. Murdoch and Deng had a prenuptial agreement, according to a person familiar with the situation. Their girls, Grace and Chloe, have stakes in the family trust that holds the Murdochs’ stake in News Corp, but they do not have voting rights.

Murdoch, 82, met Deng in 1997 at a company party in Hong Kong. They were married two years later, less than a month after his divorce from ex-wife Anna Murdoch was finalized after 32 years of marriage.

The couple are believed to have filed for joint custody of their children but there were no details of any settlement. Murdoch has cited irretrievable breakdown in marriage for more than six months as the reason for the divorce.

 

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