Rupert Murdoch, 92, announced he planned to tie the knot with his girlfriend Ann Lesley Smith, 66, following a divorce from his fourth wife, Jerry Hall, last year.
The media mogul and former dental hygenist turned radio host has reportedly called time on their pending nuptials.
Mr Murdoch and Mrs Smith planned to wed this summer with one insider claiming Mr Murdoch said he had become increasingly uncomfortable with Mrs Smith’s outspoken evangelical views.
Their whirlwind romance generated headlines in January as the pair were snapped on holiday in Barbados.
Rupert Murdoch’s representatives declined to comment when approached by Express.co.uk.
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The marriage would be Mr Murdoch’s fifth and comes less than one year after his divorce from former model Jerry Hall, 66.
Speaking to the New York Post, the media mogul gushed: “I was very nervous. I dreaded falling in love.
“But I knew this would be my last. It better be. I’m happy.”
Mrs Smith, who was previously married to late country singer Chester Smith, added: “For us both it’s a gift from God. I’m a widow 14 years.
“Like Rupert, my husband was a businessman. Worked for local papers, developed radio and TV stations and helped promote Univision. So I speak Rupert’s language. We share the same beliefs.
“In perspective, it’s not my first rodeo. Getting near 70 means being in the last half. I waited for the right time. Friends are happy for me.”
Mr Murdoch told the publication that they are “looking forward to spending the second half of our lives together” and that they will split their time between California, Montana, New York and the UK.
The media mogul has six children from his previous marriages.
His eldest is daughter Prudence MacLeod, 64, by his first wife Patricia Booker who he was married to from 1956 until 1967.
In 1967, he wed Anna Mann. They have daughter Elisabeth, 53, and sons Lachlan, 50, and James, 49.
The Murdochs divorced in 1999 and he married his third wife, Wendi Deng, in the same year.
During their 14 years together they had two daughters: Grace, 21, and Chloe, 19.
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