When George Michael died in 2016, he might have had faith that his estate plan was in good shape. His Will left his £97 million estate to his two sisters, father, and seven close friends. However, his Will didn't include his long-term ex-boyfriend Kenny Goss or his boyfriend-at-the-time Fadi Fawaz.
How much money did George Michael leave his sister?
Following Michael's death at his home in Goring-on-Thames, Oxfordshire, in 2016, his sister Ms Panayiotou, who never married and had no children, shared the £97million fortune left in his will with older sister Yioda.
In a Christmas message to fans, George Michael's sister, father and former manager write that they have “donated a substantial amount from George's Last Christmas record royalties to some 20 organizations raising money for causes close to George's heart.”
George Michael didn't leave any inheritance money to his godson James Kennedy. The DJ was among a number of George's godchildren who were reportedly poised to inherit a portion of his $125 million fortune, but James has insisted he hasn't seen any of the 'Carless Whisper' hitmaker's money.
GEORGE MICHEAL UNKNOWN SISTER ABOUT TO INHERITANCE FORTUNE!!
Why did Kenny Goss get money from George Michael?
It is understood that Goss sought to bring a claim under this part of the Act, seeking reasonable financial provision from Michael's estate. To be successful with such a claim Goss would have had to convince a court that, despite no longer being with Michael, he was still being maintained by him until his death.
Holliman was never a band member of what became Wham! but, like her friend Dee C. Lee, was paid on a per performance basis as a backing singer, and continued to live with her parents.
The estate of George Michael has extended its global publishing agreement with Warner Chappell Music U.K. The deal covers Michael's solo work and songs from his time in Wham!
How much was George Michael worth when he passed away?
George Michael was a worldwide solo star following his breakthrough with his pop band Wham! in the mid-1980s. He sold an estimated 120million records and was reported to have a fortune of £97million ($120million) at his death.
According to news reports, George Michael reportedly left most of his assets to his two sisters. He also left his father a horse racing stud farm, 'The Mill Charitable Trust' artwork and antiques, and his closest friends who he named as beneficiaries the remaining share of his estate.
In the UK, there is a law allowing financially dependent people to file a claim on an estate, even if they aren't named in the Will. Goss and Michael's estate settled out of court in 2021 for an undisclosed amount.
George Michael (1963-2016) is buried in the West side of Highgate Cemetery, on one side of his mother's grave. His sister Melanie is on the other. His monument bears his birth name, Georgios Kyriacos Panayiotou. To see his grave, visitors will need to purchase a cemetery admission ticket.
Michael had several godchildren, including Roman and Harley Moon Kemp, the children of his Wham! Bandmate Shirlie Holliman and Spandau Ballet member Martin Kemp, Vanderpump Rules star James Kennedy, and Bluebell, who is the goddaughter of his former partner Kenny Goss and daughter of former Spice Girl Geri Horner.
The £97 million fortune left by George Michael to his sister has reportedly “disappeared”, with his sister leaving just £6.2 million in her will. Upon the popstar's death in 2016 on Christmas Day he only had two beneficiaries. Nothing was left to his partner, Fadi Fawaz.
The London High Court issued probate about Melanie's finances three years after her death since she died without a will. After settling her finances, Melanie's estate was valued at a meager £6 million despite her inheriting a significant portion of George Michael's £98 million estate.
MUSIC legend George Michael has raked in more than £30million from beyond the grave over the past two years, accounts show. The Wham! singer's firm, Nobby's Hobbies Holding Limited, turned over £23,777,273 in 2023 and £6,634,840 last year.
What Was Prince's Net Worth at Death? There was considerable disagreement over Prince's net worth at the time of his death. Comerica Bank & Trust, who was serving as interim administrator of Prince's estate, valued the estate at $82.3 million, according to NBC News.
Does Michael Jackson still own the rights to the Beatles?
Then, Sony, bought out “Sony/ATV”, so today, that 50% of the Beatles Catalogue is owned exclusively by Sony, which has no ties and no connection to the Michael Jackson Estate — or his greedy, money-grubbing, surviving family. That sale cost Sony $750 million. So, Nope. His heirs cashed in… for the easy money, up front.
George Michael alleged that his recording agreement with Sonywas void or unenforceable on two counts: As an unreasonable restraint of trade. As an agreement which infringed Article 85 of the Treaty ofRome (which, broadly, prohibits anti-competitive agreements).
On the surface, George and Elton were incredibly close, especially after the phenomenal success of their duet 'Don't Let The Sun Go Down On Me' in 1991. But George took exception to Elton's constant efforts to get him to give up his partying lifestyle, and their relationship soured from then onwards.
Shirlie opened up about developing tinnitus following the birth of her son Roman (Kemp), who is now 31 years old. She likened the condition's constant noise to living with a "generator" but noted that eventually one gets accustomed to it.
Does Andrew Ridgeley still get royalties from Wham?
Now in his late 50s, Ridgeley still receives significant royalties given that George Michael generously gave him co-writing credits on “Careless Whisper” (even though Michael pretty much wrote it by himself). Reportedly, he has a net worth of $30M. In October 2019 he wrote an autobiography called Wham!
Helen DeMacque was born on 10 December 1958 in Paddington, London, England, UK. She is an actress, known for Wham!: Last Christmas (1984), Wham!: Freedom (1984) and Pepsi & Shirlie: Goodbye Stranger (1987) She is married to James Dougal Crockett.
