Tuesday 10 April 2012

Bobbi Kristina inherits $20m from Whitney Houston

Bobbi Kristina

Daughter of pop music legend Whitney Houston, Bobbi Kristina, is set to inherit $20 million from her mother’s estate following Whitney’s sudden death a month ago. According to TMZ, Whitney left all of her worldly possessions–including furnishings, clothing, personal effects, jewelry and cars–to all of her children. Since Bobbi Kristina is Houston’s only biological child, everything belongs to her.

As per documents signed by Houston a month before Bobbi Kristina was born in 1993, Bobbi Kristina’s $20 million inheritance will be placed in a trust where she will be able to access a portion of the money when she turns 21. She will receive another lump sum at 25 and the remaining money once she hits 30.

With the return of Houston’s music to the pop charts, that $20 million is sure to balloon into something heftier than that.

source: theurbandaily.com

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