“Do the show,” Murdoch supposedly told Ailes. “Don’t listen to Lachlan.”

After spending a professional life in his father’s shadow, Lachlan decided this humiliation was too great to ignore.

“I have to do my own thing,” Lachlan told his father. “I have to be my own man.”

He then returned to Australia with his wife Sarah and son Kalan to start a private investment firm focused on media properties.

New York magazine reported that Lachlan told a colleague that “You don’t want to wake up in 10 years’ time and feel your soul has been destroyed. For what? One day you might run the company?”

Elisabeth Murdoch’s experience working for the family business was not dissimilar to the one Lachlan had had. She’d been appointed managing director of Murdoch’s satellite TV operation, British Sky Broadcasting, or BSkyB. It was reported that Elisabeth was not given credit for her successes but was handed liberal amounts of blame for her failings, along with being passed over for the CEO job when it became available. So, one day, she walked out to start her own TV production company called Shine, in which she eventually sold a 15% stake to Sony (SNE) - not News Corp.

Prudence, Murdoch’s daughter from his first marriage, never worked at News Corp. and has not publicly expressed any desire to do so. However, the family business is still part of her life, as husband Alasdair MacLeod is an executive at the company.

The only Murdoch still working directly for News Corp. (they all remain on the board, save Elisabeth, who left to avoid losing substantial funding from the British government for production costs available only to independent production companies like hers) is son James. After successfully turning around Hong Kong-based satellite service Star TV, James was sent to London to run News Corp.’s Asian and European operations.

But wait! There’s more!

What family drama would be complete without a battle over how a $5 billion inheritance would be divvied up? With one child from his first marriage, 3 from his second and 2 from his third to Wendi Deng, a showdown began to brew. Originally, it was intended to be left to the first 4. None of them had expected they’d ever be competing with 2 more heirs.

A family friend explained the situation to Vanity Fair: “If you see your dad marry a young girl, and then you see the young girl being reasonably aggressive toward the family assets, no one human is not going to [question that].”

Eventually, Rupert clarified things to Charlie Rose, saying, “If I go under a bus tomorrow…they’ll all get treated equally financially.”

In 2007, Rupert Murdoch distributed non-voting shares in News Corp. worth $100 million to each of his 6 children and, as it seems to stand now, James Murdoch will be his father’s successor.

As the old saying goes, when you marry for money, you pay for everything you get. It would seem the adage holds true for being born into money as well.