Rupert Keeps Fox; Wendi Gets Apartment

Murdoch divorce said to be almost finalized
By Matt Cantor,  Newser User
Posted Nov 20, 2013 1:44 AM CST
In this Sunday, Jan. 15, 2012, file photo, Rupert Murdoch and his wife Wendi arrive at the 69th Annual Golden Globe Awards in Los Angeles.   (AP Photo/Matt Sayles, File)

(Newser) – As the Murdoch divorce approaches finalization, settlement details are emerging: Don't expect any changes to 21st Century Fox or News Corp, the Los Angeles Times reports. Rupert will keep both properties, as well as his Beverly Hills home and newly-acquired Moraga Vineyards, though New York will remain his primary residence. Wendi Deng Murdoch, however, gets the Fifth Avenue penthouse in the city, purchased for $44 million eight years ago; the couple has had some $50 million worth of work and decorating done, insiders say. Murdoch apparently gave up the place so his and Wendi's two daughters, ages 12 and 10, could stay there.

The division of residences—which the couple also have in Australia, Beijing, California, and London—has been a sore spot in the case, the New York Times reports. So have questions over the $13 billion Murdoch family trust, in which the couple's daughters lack the voting rights of Rupert's four older children. A hearing is set for today in Manhattan. (Read more Rupert Murdoch stories.)

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