Rupert Murdoch And Wife Wendi Deng Are Divorcing
Money can buy a lot of things, but a successful relationship is not one of them. Powerful News Corp. CEO Rupert Murdoch filed for divorce for the third time today, setting in motion the process needed to split from his current wife of more than ten years Wendi Deng.
The eighty-two-year-old met his now estranged spouse at a Hong Kong cocktail party in 1997. She was born in China, attended college at Yale and worked as a junior executive for the Asian based Star TV. The two hit it off immediately, and two years later, they walked down the aisle. She eventually gave him two children, Grace and Chloe, but apparently, all those bonds werenít enough to save the marriage.
According to the Associated Press, the children and Wendi have accrued sizeable stakes in the company over the years, but as their shares are of the non-voting variety, the split seems unlikely to affect anything to do with News Corpís day-to-day operations. At this point, thatís probably a great thing since executives are already working on splitting the company into two separate entities, one that handles publishing and Australian TV and one that handles global TV and movies.
As a billionaire with a ton of power over the media, Murdoch might not be the most sympathetic figure, but when it comes to splitting up, the mogul and his wife are going to have to work through their issues just like everyone else. For their sake, I truly hope they choose the easier route.