The details of David Bowie’s will are now available and CDL elaborates on how the late superstar divided his massive $100 million estate. David Bowie generously provided for two specific employees in his will. Bowie’s personal assistant Corinne Coco Schwab will receive $2 million as well as all stock owned by David in a company by the name of Possum, Inc.
Marion Skene, son Duncan Jones former nanny, will receive $1 million from Bowie’s estate. An undisclosed additional few million dollars has been set aside for Bowie’s household staff.
As expected David bequeathed $50 million to Iman, approximately half of the music icon’s estate. Daughter Lexi Bowie, 15, and son Duncan Jones, 44, will each receive $25 million.
Duncan, David’s son with Angela Barnett, will receive his $25 million with no strings attached. Lexi’s portion of the fortune will be held in trust until the teenager is 25-years-old.
At that time Lexi will also receive Bowie’s Little Tonshi Mountain vacation home in the Catskills of upstate New York. The New York Daily News reports that Duncan will inherit “numerous other properties,” owned by David Bowie.
Iman will not receive her $50 million inheritance outright. The money will be managed by New York attorney William Zysblat and London attorney Patrick Grafton Green. Iman will receive a undisclosed allowance from the trust four times per year. The amount of the quarterly allowance was not made public.
In addition, Iman can request additional funds to cover health, education and maintenance per David’s instructions in the last will and testament. Iman will also inherit the couple’s apartment on Lafayette Street in New York as well as other homes around the globe.
David Bowie’s will is dated 2004,the same year Bowie was forced to cancelled six concerts after suffering a heart attack while on tour in Europe. Bowie died on January 10 after an 18-month battle with cancer. The musical genius passed just two days after his 69th birthday.
David Robert Jones, Bowie’s legal name, provided quite handsomely for friends, employees and his family. It is believed that the man whose alter ego was Ziggy Stardust was one of the richest rock stars in the world.
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