Farrah Fawcett Leaves Nothing Of Her ‘$50million’ Estate To Ryan O’Neal
FARRAH Fawcett has died. News reaches us that Fawcett left nothing to Ryan O’Neal in her will.
Anorak’s Man in LA investigates:
Ryan O’Neal might have had good reason to attempt to marry Farrah Fawcett on her deathbed: he was not mentioned in Farrah’s will.
Sources tell TB this morning say that Farrah left the bulk of her $5.5 million estate to Redmond O’Neal, her son by the contentious Love Story actor, who is now jailed on drug charges.
Ryan O’Neal took control of Farrah’s affairs and cancer documentary project after she began to slip in and out of consciousness in the final stage of the cancer battle that ended on June 25th.
Sources tell TB that the $5.5 million figure quoted may reflect Farrah’s cash holdings, but that her assets push the total value of Farrah’s estate past the $50 million mark.
Farrah’s holdings include a collection of Andy Warhol art (some of which depicting her as subject), property in Texas, and the copyright to the legendary 1976 burnt-orange swimsuit poster, which is worth millions every year in licensing fees.
Farrah was also the majority owner of the film production company, Sweetened By Risk, that produced Farrah’s cancer journal documentary that was taken over by O’Neal in April and turned into the morbid, Emmy-nominated NBC special, “Farrah’s Story.”
Farrah’s production partner is currently suing O’Neal and his associates over the documentary and the takeover, claiming that Farrah signed the necessary documents while in a medicated state.
Developing…
- TB
Posted: 27th, July 2009 | In: Celebrities Comments (4) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
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July 28th, 2009 at 9:29 am
unfortunately in this nasty, suspicious, money-grabbing society, motives and feelings can be misconstrued and you have to admit, even if O’Neal’s feelings were completely genuine, to some people it might seem a bit odd that he only tried to marry her at the very last, coupled with the fact that he was not included in the will.
however, it could well be that he is genuine and that it was a simple mistake/error/lapse of memory that meant she did not revise her will before she died, or maybe she just thought he was well-off enough on his own and her son needed the financial back-up more….?
who knows? ultimately, it doesn’t really matter now, does it?
July 28th, 2009 at 3:25 am
whew…I KNEW her estate was worth more than the measly $6 million reports have been sayin! She made $2million off the sale of “Farrah’s Story” ALONE from NBC.And this is a woman who has been VERY VERY smart with her money. I remember reading that in 1978 alone she amassed $17m, that amount of money in the 70’s is enormous! And over the years she NEVER stopped working and her Playboy layouts alone earned her millions each time she posed so I know FF was very,very wealthy. RIP Farrah.
July 27th, 2009 at 8:48 pm
Probably because it usually is c&c.
July 27th, 2009 at 8:19 pm
You’re so wrong to keep knocking O’Neal. he may be flawed but he genuinely loved her and she him. They also may not have been that good for each other but thats the way it was. Like many, they just couldn’t live together but he came up trumps in the past few years caring for her. Really caring…..
This is media specuation at its worst. Why does everything have to be assumed to be about money?