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The amazing, unbelievable story of the Henokiens
IN THE NEWS
NEW YORK -- Rupert Murdoch is becoming publisher of the New York Post, replacing his 33-year-old son Lachlan, who abruptly resigned last week.
Aug. 1, 2005
The bitter battle has all the hallmarks of a classic family drama. It pits the toddler children of Mr. Murdoch and Ms. Deng, a Chinese-born woman in her mid-30s, against Mr. Murdoch's children from his first two marriages. One of the key debates: Who should inherit the family's $6 billion fortune and Mr. Murdoch's control of News Corp.? Should it be just the media titan's adult children, as is now the arrangement, or also his two youngest children by Ms. Deng?
--Martin Peers, Julia Angwin and John Lippman
"At News Corp., a Bitter Battle over Inheritance Splits Family"
The Wall Street Journal, Aug.1, 2005
Lachlan Murdoch's sudden decision to tell his father to "take this job and shove it" is the latest in a seeming blitz of stories about family-controlled companies that are coming apart at the seams.
A nasty family feud among Chicago's richest family, the secretive Pritzkers--owners of the Hyatt hotel chain, cruise ships and tobacco interests worth $15 billion--erupted when two children claimed their trust fund had been looted.
Sumner Redstone, owner of 71 percent of Viacom, has just outed his daughter Shari, saying he believes in professional management.
In France, the Taittinger family agreed to sell its 70-year-old champagne and hotel business to Barry Sternlicht's Starwood Capital Group LLC.
Think of it; after 70 years a family busines comes apart.
In the world of the Henokiens, 70 years is peanuts.
How about 700 years?
I disagree, sir. I've used a Beretta for ten years--I've never missed with it yet!
"Dr. No," 1963
When President John F. Kennedy told a reporter that he was reading "From Russia With Love," the spy novels of Ian Fleming took off like a rocket. Young Bond wannabes sidled up to bars all over the world and ordered a "vodka martini, very cold, shaken not stirred, served straight up." Straightdope.com surmised, "James Bond has probably created more martini drinkers than all the gin joints in the world."