From Rags to Riches (Well, Not Exactly Rags, But You Get the Idea) : How Much Did Bobbi Kristina Inherit?
Whitney Houston, the queen of pop herself, was rolling in it - you know, mansion-filled, private jet-owning kind of "it." So, the burning question is: when it came time to pass on the wealth, how much did her daughter, Bobbi Kristina, inherit? Let's dive into the vault, shall we?
The Trust Fund That Kept on Ticking
Whitney set up a trust for Bobbi Kristina, which basically means the money flowed like a fancy faucet, but with a very slow drip at first. At age 21, Bobbi Kristina got a cool $2 million, which is enough to make most of us say "adulting, who needs it?" But here's the kicker: the rest of the inheritance was like a locked treasure chest. Bobbi Kristina would have had to wait until age 25 for another chunk, and then full access to everything at the grand old age of 30. Let's be honest, most of us wouldn't remember what we downloaded for free yesterday at that point, let alone manage millions.
So, How Much Was the Big Payday?
Estimates put Whitney's estate at around $20 million, which is a lot of money - like, "never-have-to-wordenough to write a book about your struggles" kind of money. Tragically, Bobbi Kristina passed away before reaching the ripe old age of financial freedom. So, where did the rest of the moolah go? Well, Whitney's will had it covered. Since Bobbi Kristina didn't have a will of her own, the Houston family ended up inheriting the remaining $18 million . Guess that's what they call keeping it in the family… literally.
Moral of the Story?
This whole situation is a cautionary tale, folks. Estate planning is important! Who knows what could have happened if Bobbi Kristina had set up her own will. Maybe it would have gone to good causes, funded a lifetime supply of Scrabble games (her favorite!), or even started a foundation for aspiring singers with questionable taste in men (just kidding... mostly).
Remember, folks: you can't take it with you, but you can definitely plan where it goes! Just don't leave your loved ones guessing like a Whitney Houston ballad left on repeat.
