James Murdoch, Vox, and the question of a ‘good’ billionaire

Just when we thought the fight between the Murdoch family was over, a new plot emerges; recently disenfranchised younger brother James is set to launch his own new media properties to counter the inheritance older brother Lachlan inherited from father Rupert.

James reportedly spent a tidy sum of US$300 million to acquire a large portion of Vox Media’s assets. new York magazine, Vox.com, and a growing podcast network.

This isn’t his first such purchase. Since ending the Murdoch family’s relationship with media companies in 2020, James has amassed a bag of controlling shares in several other businesses, including Robert de Niro’s film company. Tribeca BusinessesAnd Art BaselThe world’s largest art fair.