Lachlan Keith Murdoch (; born 8 September 1971) is a British-Australian businessman and mass media heir. He is the executive chairman of Nova Entertainment, co-chairman of News Corp, executive chairman and CEO of Fox Corporation, and the founder of Australian investment company Illyria Pty Ltd. Early life and education Lachlan Murdoch was born on 8 September 1971 at Wimbledon Hospital in Wimbledon, London, England. He is the eldest son of Australian-born American media mogul Rupert Murdoch, and his second wife, Scottish journalist and author Anna Murdoch Mann. He was raised in New York City where his father owned the New York Post. He received his primary and secondary education at the Aspen Country Day School in Aspen, Colorado, Trinity School in New York City, and at Phillips Academy in Andover, Massachusetts. In 1994, he graduated with a bachelor's degree in philosophy from Princeton University. While at Princeton, he studied philosophy with Béatrice Longuenesse and Alan Hajek. Career News Corp executive In 1989, Rupert Murdoch brought Lachlan Murdoch, then 18 years old, to Australia while on business, to have Lachlan trained for three months at the Daily Mirror. At the age of 22, Murdoch was appointed general manager of Queensland Newspapers, the publisher of Brisbane's Courier-Mail. One year later, he became publisher of Australia's first national paper, The Australian. In 1995 he was appointed deputy CEO of News Limited, executive director of News Corporation in 1996, deputy chief operating officer in 2000; he was made senior executive vice president from 1999 to 2000, and has been chairman of STAR since 1995. Encouraged to invest in One.Tel by his friend Australian businessman James Packer, the son of television network owner Kerry Packer, Murdoch was extensively criticized for encouraging News Corporation's multi-hundred million-dollar investment in the start-up telecommunications company. In April 2014, Murdoch and Packer agreed to an 40 million settlement over the failure of One.Tel. The settlement was approved by the Supreme Court of New South Wales on 17 April 2014, with 14.93 million to be paid by the Packer family's Consolidated Press Holdings, 11.77 million to be paid by Packer's Crown Resorts and 13.3 million to be paid by News Corp. Murdoch led an initial $10.75 million investment, of which only $2.25 million was in cash, in REA Group, and subsequently championed the retention of the investment over the objections of those who wished to sell it. The company later emerged