Family Ties: Incredible Fortunes Celebrities Left Their Children
Celebrities are known to live lavish lifestyles, and accumulate their wealth quickly, by making millions of dollars each year. As our favorite celebrities continue to increase their wealth and fortunes, safeguarding their money by securing trust funds for their children becomes top priority. After all their hard work and dedication to their careers, celebrities put forth legal documents which ensure that in the instance of their passing, their children have enough money to live a comfortable lifestyle, and in many cases, as Yahoo Life indicates, a very luxurious one. Some of the trust funds and inheritance values that celebrities have left for their kids is absolutely mind-blowing, meaning that even at a very young age, their children are born into such extreme wealth that they know they don't have to work a single day in their lives to secure their own futures.
When North was just a tiny infant that couldn't even speak, her very famous dad, Kanye West took swift action to ensure that a trust fund was established in her name. She was born into an immediate $10 million trust fund, which has been described as being a "starter" trust fund that will be added to and is expected to grow exponentially over time. Keep in mind this is just her trust fund, and with her ultra rich parents, Kanye West and Kim Kardashian both topping the charts as being top paid celebrities, all of their children are expected to receive a massive inheritance, as well.
Khloe Kardashian and Tristan Thompson may not be an official couple anymore, but there is one thing the both still agree on - having an established trust fund available for their daughter. GQ reports that True's very wealthy parents have ensured that at the tender age of just 3 years old, her trust fund has already reached the value of $15, 574, 620. Of course, this will continue to grow and isn't even inclusive of her inheritance.
Valentina Pinault was born into extreme wealth, and as the daughter of French billionaire François-Henri Pinault, and Salma Hayek, she has already amassed an astounding $18,689.544 trust fund that was established by her wildly wealthy parents. This trust fund will become available to her when she turns 21. Francois is currently worth well over $33 billion, and Salma Hayek is worth $200 million, so Valentina is set to inherit more money than she will ever be able to spend in her lifetime.
The incredible legacy of Whitney Houston was passed down to her daughter, Bobbi Kristina Brown, upon Whitney's death. After a tragic drowning resulting from an accidental drug overdose, Whitney's entire $20 million estate was handed to her daughter, who was just 19 years old at the time.
Sadly, Bobbi enjoyed her mother's inheritance for just 2 short years before being discovered unresponsive in a coma in her bathtub, as well.
Elvis Presley will always be revered as one of the music industry's biggest, most legendary icons. He lived a full life and entertained the masses in a way that truly demonstrated his passion for music. When he died of a heart attack in 1977, he left the entire value of his estate to his only child, Lisa Marie Presley. At the time of his death, his fortune was valued at $5 million, which ballooned into $100 million thanks to some clever business moves by Priscilla Presley. That was handed to Lisa Marie the day she turned 25 years old.
Michael Jackson is one of the biggest names the music industry has ever seen, and his controversial lifestyle solidified Michael's place in the media. Always making a front-page splash, Michael Jackson generated $2 billion by 2015, roughly 6 years after his death.
This meant that his estate was worth $500 million and was divided among his children. Paris Jackson inherited $100 million from her famous dad, solidifying her financial security and enabling her to pursue her own dreams and passions without ever being held back by financial insecurity.
Famous TV personality, Joan Rivers, was known to undergo a variety of cosmetic procedures to enhance her appearance. Sadly, what was supposed to be a simple, routine endoscopy, ended up costing Joan her life, and she passed away in September of 2014.
Upon her tragic passing, her daughter, Melissa Rivers, inherited $75 million in cash and a $35 million condo situated in New York City.
Frontman for Nirvana and famous for his epic contributions to the world of music, Kurt Cobain struggled with the impact of fame and addiction, and at the height of his career, he sadly committed suicide in April of 1994.
As the father of only child Frances Bean Cobain, Kurt left his daughter with a deep inheritance which she was able to tap in to when she turned 18. She inherited $200 million after his death, and continues to earn millions in dividends, and from ownership of his publicity rights.
Jay-Z and Beyonce are music moguls that sit at the very top of the food chain in the world of music. Jay-Z has also seen incredible success in a variety of his business ventures, and has ensured that proper actions were taken to safeguard his family. Thanks to the talents of her parents, Blue Ivy already has a $1 billion trust fund, and she's only 9 years old.
Kylie Jenner soared to fame after growing up in front of the public on her family's hit reality TV show, Keeping Up With The Kardashians. She then went on to create a $1 billion empire with the sales of her cosmetics, Kylie Cosmetics. As the only child of her doting mother, $1 billion has already been dedicated to Stormi Webster in the way of an inheritance, which she an access when she is older.
Sources: Yahoo Life, GQ, Worthly
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