Rupert Murdoch has filed for divorce from his wife of 14 years Wendi Deng.
The 82-year-old News Corp chairman and CEO married Wendi, 44, in 1999 after meeting at a party in Hong Kong two years prior.
She is most famously known for punching a man who threw a pie at her husband over the phone hacking scandal.
A source told MailOnline there is a prenuptial agreement in place and the divorce will not have any real effect on News Corporation.
Their marriage came less than a month after his divorce from ex-wife Anna Maria Torv Murdoch Mann was finalized, which was one of the most expensive in history at $1.7billion.
Court papers state 'the relationship has broken down irretrievably' as grounds for the divorce.
The former couple have two daughters together. She is his third wife.
Spokesman Steven Rubenstein confirmed to MailOnline that Murdoch filed for divorce this morning.
Deng is the chief of strategy for MySpace's operations in China.