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 (5) | TrackBack | Permalink
