Ivanka Trump served for several years as a trustee for a fortune set aside for
- 7 years ago
Ivanka Trump served for several years as a trustee for a fortune set aside for
the daughters of Rupert Murdoch, people familiar with the arrangement said.
Her role highlights the close ties between President Trump’s family and the family
that controls Fox News Channel, The Wall Street Journal and other news outlets.
The trust for the Murdoch daughters holds some $300 million in stock in News Corporation and 21st Century Fox, companies
that Mr. Murdoch, 85, leads, and in which he and his family hold controlling interests.
It was Wendi Murdoch who chose Ms. Trump, 35, as a trustee, according to the people familiar with the matter,
who spoke on the condition of anonymity because they were not authorized to discuss it publicly.
A version of this article appears in print on February 9, 2017, on Page A18 of
the New York edition with the headline: Ivanka Trump Was a Murdoch Trustee.
the daughters of Rupert Murdoch, people familiar with the arrangement said.
Her role highlights the close ties between President Trump’s family and the family
that controls Fox News Channel, The Wall Street Journal and other news outlets.
The trust for the Murdoch daughters holds some $300 million in stock in News Corporation and 21st Century Fox, companies
that Mr. Murdoch, 85, leads, and in which he and his family hold controlling interests.
It was Wendi Murdoch who chose Ms. Trump, 35, as a trustee, according to the people familiar with the matter,
who spoke on the condition of anonymity because they were not authorized to discuss it publicly.
A version of this article appears in print on February 9, 2017, on Page A18 of
the New York edition with the headline: Ivanka Trump Was a Murdoch Trustee.