The Singer and the Socialite: Inside Their Estates

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by Admin

George Michael had a massive estate worth an estimated $125 million, but it could be worth even more over the next few years. His estate could see up to $10 million more as his music soars in popularity in the wake of his death.

Michael died of heart failure and was found in his home on Christmas Day.

 

There have been multiple reports that he left the majority of his estate to his sisters, Melanie and Yioda Panayiotou. Luckily, George was very close to his sisters, so it is unlikely that there will be any heated disagreements over his fortune.

Other sources believe he may have also left part of his estate to his father and his boyfriend, Fadi Fawaz. His godchildren are thought to be named in his will and may inherit some money, as well.

Over the years, Michael supported several charities including, Childline, the Terrence Higgins Trust, and Macmillan Cancer Support. He most likely designated some of his money for these charities, thanks to his generosity.

 

Zsa Zsa Gabor died last month, too, and it’s no question how large her estate was. She and her ninth husband, Frédéric Prinz von Anhalt, paid $325,000 each year for their ornate Bel Air home. The home was a six-bedroom villa where the late actress lived for four decades.

Unfortunately for her husband, it looks like he will have to move out of the home. During a time when they were struggling with income, the couple found a buyer who put himself on the note and allowed them to live there for at least four years or until her death. Now, escrow is expected to close in less than three months, and whether or not Frédéric wants to stay at the elegant estate, it looks like he will have to find a new place to live.

It is said that the owner of the home has plans to renovate or even tear down the mansion.

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