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Finding A Place For Elizabeth Taylor’s Fortune

Elizabeth Taylor was laid to rest and now comes the question of her fortune. According to Popeater.com the actress had a fortune of between $600 million and $1 billion. Fifteen year old divorce documents claimed the actress was worth $608 million back in the mid-1990s. Now the work must be done to figure out where the money will go.

The website says that her jewelry collection alone was worth as much as $150 million back in 2002 and will be auctioned off to provide funds for the Elizabeth Taylor AIDS Foundation and amfAR. Elizabeth also made arrangements to split the rest of her fortune between her four children and other charities that she cared so much about, a close friend of the stars tells me. But what is causing all the problems is not the money she made during her life, but rather what should happen to the millions she is going to make after her death.

Elizabeth Arden is the company behind the film stars popular fragrances. Last year they earned $77 million through sales and they say theyll continue to sell the products after Taylors death. According to The New York Post, during the 90s Taylor brought in $2 per second, an annual income of $63 million.

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This entry was posted on Sunday, April 3rd, 2011 and is filed under Debt Consolidation. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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