Murdoch’s lefty sons are another example of why control over conservative media organizations should never pass via inheritance. Even if it’s Trump Jr.
My grandfather started a business in 1908 in Minnesota. It was sold in 2007 by the 3rd generation. Their father died in 1996 and they ran the place afterward.
They tried to sell several years earlier but the uncles in Calif and New Jersey said no as they were paying them money for their shares over the years for their retirement.
One day around 2006 they get a call from the finance guy at the company telling them they could get all the money for their shares at once instead of being paid out year after year. The uncles were in their 80’s and took the money. One day in 2007 I did a search on the family business and discovered it was sold to a competitor and after searching on the publicly traded company that bought it, I found it was sold for $20 million. I told my uncle and he was surprised as he was never told by his nephews. He never did hear from them.
My uncle said he wished they could have waited for the 100th year before selling.....
I worked at the company when I was in my 20’s and the 2 cousins were pretty worthless. One would leave his work for the other delivery guys and they had to go out and deliver his work to the customers after they had done their job. His dad then made him a “supervisor” where of course the real supervisor would do all his work.