What was Aretha Franklin’s net worth?
Aretha Franklin’s estate, which includes properties, cars, furs, and jewelry, is said to be worth at least $18 million and as much as $80 million (via The Detroit News). However, the singer’s longtime attorney David Bennett stated that she owed $8 million in taxes at the time of her death.
Did Sam Cooke date Aretha Franklin?
Franklin met Sam Cooke — often referred to as The King of Soul — in the 1950s, as MentalFloss reports. They met at Franklin’s church, and Franklin explained her reaction to eyeing the “Cupid” singer.
What was Aretha Franklin’s net worth when she died?
At the time of her death, Aretha Franklin was reportedly worth $80 million, which makes the fact that all she had were two handwritten notes about how she wanted her estate divided up all the more difficult to comprehend.
Who did Aretha Franklin leave her money to?
The agreement also sets up immediate $50,000 payments to each of Franklin’s four sons — Clarence, Edward, Teddy and Kecalf — and clears the way for other quarterly cash payouts to them. The proposed deal, authorized by 10 attorneys representing the sons, was submitted to the court by attorney Reginald Turner.
Who is the father of Aretha Franklin’s first baby?
Edward Jordan is the father of two of Franklin’s sons. At age 12, the music legend gave birth to her first child, Clarence, in 1955.
Did Aretha Franklin get pregnant by her father?
Preacher dad runs ‘sex circus’ at church At just 12, she fell pregnant by a school friend called Donald Burk. Aretha gave birth just two months before her 13th birthday to a baby boy she named Clarence after her father and who was the first of two babies she would have before the age of fifteen.
Why didn’t Aretha Franklin leave a will?
Franklin succumbed to pancreatic cancer at age 76 on Aug. 16, 2018, without a will filed with any of her attorneys. As a result, her estate was expected to be split evenly among her four sons, and they agreed to install their cousin — Franklin’s niece and confidante, Sabrina Owens — as the estate’s executor.
Has Aretha Franklin estate been settled?
Aretha Franklin’s estate reaches settlement to pay $7.8 mn federal income taxes that singer owed during lifetime. Aretha Franklin’s estate recently resolved a major financial issue that has been hanging over the estate since the singer died in 2018.
Did Aretha Franklin get paid in cash?
Aretha Franklin, the Queen of Soul, passed away at 76 this week and had a policy of being paid in cash before her performances.