THE NEW DAILY
On March 17 in New York, Murdoch presented Smith with an Asscher-cut diamond solitaire ring, according to the Post.
They will be married in the northern hemisphere summer.
“I was very nervous. I dreaded falling in love but I knew this would be my last. It better be. I’m happy,” Murdoch told the Post.
Murdoch’s nuptials are unlikely to change the ownership structure of businesses in which he holds stakes, including Fox Corp, the parent company of Fox News Channel, and News Corp.
Murdoch controls News Corp and Fox Corp through a Reno, Nevada-based family trust that holds roughly a 40 per cent stake in voting shares of each company.
Fox is currently defending itself in a $US1.6 billion ($A2.4 billion) defamation lawsuit from Dominion Voting Systems.