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What's Next For Robin Williams' Family And Estate?
Forbes ^ | 08/13/2014 | Danielle and Andy Mayoras

Posted on 08/13/2014 1:36:36 PM PDT by SeekAndFind

The initial shock of Robin Williams’ tragic death, from an apparent suicide, is giving way to reflections of his legacy and memory. Another question many people are asking is what happens next for his family. He was survived by his third wife, Susan Schneider, to whom he was married for three years, and three adult children from his prior two marriages, whose ages range from 25 to 31. There is a realistic fear that Williams’ death may have left them in financial distress.

In an interview with Parade Magazine last year, Williams lamented how he had to change his lifestyle because of how much he lost in his two divorces (reportedly, $30 million). He said he returned to TV because of “bills to pay.” Williams also admitted to listing his Napa Valley estate for sale because he could no longer afford it.

Public records about Williams’ real estate show that they have significant value. His Napa Valley mansion, which rests on 653 acres and is named Villa Sorriso (translated to 'Villa of Smiles'), has been on the market since April for $29.9 million. Williams also left behind a 6,500-square-foot waterfront home in Tiburon, California, valued at roughly $6 million. The two properties are subject to mortgages, according to public records, that totaled $7.25 million as of 2011. This means that Williams left behind real estate with equity of around $25 million, depending on what Villa Sorriso can command in a sale.

How much more than that did Williams leave behind for his heirs? While he was reportedly worth around $130 million two years ago, that figure seems well off since Williams later said that he was close to bankruptcy. Recent estimates have pegged his net worth at $50 million, which may also be high based on his reported financial struggles.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Music/Entertainment; Society; TV/Movies
KEYWORDS: robinwilliams
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1 posted on 08/13/2014 1:36:36 PM PDT by SeekAndFind
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To: SeekAndFind

Why does anyone care outside of Robin Williams’ family and heirs? I know it is not my business and does not affect me at all.


2 posted on 08/13/2014 1:38:37 PM PDT by arthurus (Read Hazlitt's Economics In One Lesson ONLINE http://steshaw.org/economics-in-one-lesson/)
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To: SeekAndFind

One thing that comes to my mind....I’ve heard it said many times that dying was the best career move Michael Jackson (and Elvis) ever made.


3 posted on 08/13/2014 1:38:39 PM PDT by Gay State Conservative (Rat Party policy;Lie,deny,refuse to comply)
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To: SeekAndFind
What's Next For Robin Williams' Family And Estate?

Dividing up the loot?

4 posted on 08/13/2014 1:39:49 PM PDT by WayneS (Don't blame me, I voted for Kodos.)
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To: SeekAndFind

Obama will get the largest cut


5 posted on 08/13/2014 1:40:00 PM PDT by molson209 (Blank)
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To: arthurus

“Why does anyone care outside of Robin Williams’ family and heirs? I know it is not my business and does not affect me at all.”

Agree.

If the press wants to look into finances, let them look into how two presidential professional grifter families amassed millions when their combined abilities wouldn’t qualify them to hold stop signs at road work locations.


6 posted on 08/13/2014 1:41:31 PM PDT by Da Coyote
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To: SeekAndFind
There is a realistic fear that Williams’ death may have left them in financial distress.

Get jobs?

7 posted on 08/13/2014 1:42:20 PM PDT by Tax-chick (No power in the 'verse can stop me.)
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To: SeekAndFind

So how will this affect the schedule for Mrs. Doubtfire 2?


8 posted on 08/13/2014 1:42:29 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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Where Would You Go Without FR.......


Click The Pic To Donate

Support FR, Donate

9 posted on 08/13/2014 1:43:09 PM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: SeekAndFind

Who cuts the lawn of Robin Williams house? Who is the meter reader? Does it face east or west? Whatever happened to Baby Jane?


10 posted on 08/13/2014 1:44:06 PM PDT by Dallas59
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To: SeekAndFind

I hope they don’t do a “michael jackson” on it. Although I doubt they will.


11 posted on 08/13/2014 1:44:20 PM PDT by fwdude (The last time the GOP ran an "extremist," Reagan won 44 states.)
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To: Jonty30

RE: So how will this affect the schedule for Mrs. Doubtfire 2?

As of April 17, 2014, a sequel was in development at Fox 2000. Columbus and Williams were both expected to return, and the Elf movie screenwriter David Berenbaum is writing the script.

On August 11, 2014, Robin Williams died, drawing speculation that the project may be cancelled.

I mean honestly, WHO other than Robin Williams can play this role?


12 posted on 08/13/2014 1:45:21 PM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: molson209
and Kalifornia. The lawyers will get a large chunk.
13 posted on 08/13/2014 1:46:27 PM PDT by mad_as_he$$
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To: Dallas59
ROBIN WILLIAM's NAPA VALLEY ESTATE...


14 posted on 08/13/2014 1:47:00 PM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

Who indeed?

http://thepropstop.files.wordpress.com/2011/02/z22168.jpg?w=584


15 posted on 08/13/2014 1:47:08 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: molson209
Obama will get the largest cut

Yep! And the family gets to appreciate what all of that support for the RAT party got them - altho I sincerely doubt they or their friends will connect the dots.

16 posted on 08/13/2014 1:47:16 PM PDT by capydick (''Life's tough.......it's even tougher if you're stupid.'')
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To: SeekAndFind

I should care about this because?


17 posted on 08/13/2014 1:47:31 PM PDT by dfwgator
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To: dfwgator

RE: I should care about this because?

If you’re a rich, divorced and re-married man, it could happen to you...


18 posted on 08/13/2014 1:49:27 PM PDT by SeekAndFind (If at first you don't succeed, put it out for beta test.)
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To: SeekAndFind

Funny how all these liberals never think of leaving their stuff to the government.


19 posted on 08/13/2014 1:51:26 PM PDT by dfwgator
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To: Jonty30
So how will this affect the schedule for Mrs. Doubtfire 2?

Not much. Just call it "Weekend at Mrs. Doubtfire" and change the script a little bit.

20 posted on 08/13/2014 1:53:33 PM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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