Rupert Murdoch files for divorce from his third wife, Wendi Deng

LOS ANGELES — Rupert Murdoch filed for divorce Thursday, seeking to break up his 14-year marriage to third wife Wendi Deng. News of the marriage split comes just two weeks before Murdoch plans to break apart his global media empire into two separate companies.

News Corp. confirmed that its 82-year-old chief executive has filed for divorce in New York state court. Murdoch and Deng, 44, have two children, Grace, 13, and Chloe, 10. Murdoch also has four children from his previous marriages.

The two met when Deng was a junior executive at News Corp.'s Star TV in Hong Kong in 1999. The deal to dissolve Murdoch's marriage to his second wife, Anna, was estimated at $1.7 billion, making it one of the most expensive divorces ever.

The Deng divorce is not expected to affect the corporate structure of News Corp., a senior executive said.

Forbes lists Murdoch's net worth at $11.2 billion. The mogul's wealth has soared in the past year as News Corp. stock has been trading at an all-time high. With the expected break-up of News Corp., Murdoch's pay next year is expected to exceed $28 million.

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