Hottest Online News Portal

What Will Happen To Bobbi Kristina Brown’s $20 Million Fortune?

in Entertainment/Latest

TRAGIC Bobbi Kristina Brown was set to inherit $20 million when her mother died in 2012.

The aspiring singer was given 10% of the money on her 21st birthday and was then due to get another lump sum from her mother’s estate when she turned 25.

According to TMZ, who have seen a copy of the late star’s will, if Bobbi Kristina died before she reached 25 the rest of the money would go to people that the I Will Always Love You singer designated.

Whitney’s mum Cissy and her two brothers Michael and Gary – who is married to Pat Houston who was once Whitney’s manager – are all named on her will and Whitney asked that her estate be divided “among them as they might agree”.

Whitney’s ex-husband Bobby Brown is also named, but because the will was drafted before they split up in 2007 he reportedly won’t be able to make any claims.

Bobbi Kristina’s grandmother and Whitney’s mother Cissy is the executor of the singer’s will and will be responsible for distributing property – but not Bobbi Kristina’s trust, which is seperate.

While Gary’s wife Pat is a co-executor of Bobbi Kristina’s trust and her co-legal guardian.

According to reports, Pat has already taken belongings from Bobbi Kristina’s Atlanta home shortly before her death and moved them to her own.

An insider told Us Weekly that Pat had kept the music plaques that had once been given to mark milestones in Whitney’s legendary career from the home.

It’s unlikely Bobbi Kristina’s boyfriend Nick Gordon will receive any money unless stated in the will.

On Sunday Whitney Houston’s daughter died following her six month battle to live after she was found unconscious in the bath at her home.

In a heart-breaking statement, the Houston family announced she had passed away on Sunday at the Peachtree Christian Hospice in Duluth, Georgia, surrounded by her loved ones – including her father, singer Bobby Brown.

“She is finally at peace in the arms of God,” the Houston family said in statement. 
”We want to again thank everyone for their tremendous amount of love and support during these last few months.” – Mirror

Tags:

Latest from Entertainment

Go to Top