Whitney Houston was a legendary American singer and actress who rose to fame in the 1980s and 1990s. She was born on August 9, 1963, in Newark, New Jersey, and was the youngest of three children. Houston began singing in church as a child and later pursued a career in music, eventually becoming one of the best-selling music artists of all time.
Houston’s music career spanned over three decades and included hits such as “I Will Always Love You,” “Greatest Love of All,” and “I Wanna Dance With Somebody.” She also starred in several films, including “The Bodyguard” and “Waiting to Exhale.”
Houston’s success was marred by personal struggles, including drug addiction and a tumultuous marriage to singer Bobby Brown. Much of their troubled relationship and its associated problems were made public in the reality T.V. show “Being Bobby Brown.”
On February 11, 2012, Houston died from a drug-related accidental drowning. She was just 48 years old at the time of her death. Today, if she were still alive, Whitney Houston wuld be 58 years old. Her legacy as one of the greatest singers of all time continues to live on through her music and the impact she had on the music industry.
Whitney Houston’s Net Worth at the Time of Her Death
Whitney Houston was one of the most successful singers of all time, achieving a number of record-breaking feats throughout her career. However, despite her success, the singer passed away with a negative net worth.
At the time of her death in February 2012, Whitney Houston’s estate was valued at approximately $20 million. However, this figure was largely offset by her debts, which were estimated to be around $40 million.
The majority of Whitney Houston’s wealth was earned through her music career, which spanned over three decades. She released seven studio albums, with her most successful being her self-titled debut album in 1985, which sold over 22 million copies worldwide.
In addition to her music career, Whitney Houston also appeard in a number of films, including “The Bodyguard” and “Waiting to Exhale,” which added to her overall net worth.
Despite her enormous success, Whitney Houston’s financial struggles in her later years were well-documented. She faced numerous legal and financial challenges, including a costly divorce from Bobby Brown and a struggle with drug addiction, which likely contributed to her negative net worth at the time of her passing.
While Whitney Houston was once one of the wealthiest musicians in the world, her financial struggles in her later years left her with a negative net worth at the time of her death.
Source: people.com
Who Inherited Whitney Houston’s Fortune?
After the death of legendary singer Whitney Houston, her only child, Bobbi Kristina Houston, inherited her mother’s fortune. Whitney Houston’s will stated that her daughter, Bobbi Kristina, would be the sole heir to her estate. The will was drafted around 20 years ago and contained specific instructions regardig the distribution of the money.
According to the will, Bobbi Kristina was set to receive the money in a series of payments over nine years. She was to receive 10 percent of the money at the age of 21, which amounted to approximately $2 million. The next distribution was to be made when Bobbi Kristina turned 25, at which point she would receive 30 percent of the remaining fortune. The remainder of the money would be given to her when she reached the age of 30.
It is worth noting that following Bobbi Kristina’s untimely death in 2015, the distribution of Whitney Houston’s fortune became a contentious issue within the family. Ultimately, the money was distributed to Bobbi Kristina’s surviving family members, including her father, Bobby Brown, and grandmother, Cissy Houston.
Whitney Houston’s only child, Bobbi Kristina Houston, inherited her mother’s fortune as stipulated in her will. However, following her death, the distribution of the money was altered and given to surviving family members.
The Date of Whitney Houston’s Death
Whitney Houston passed away on February 11, 2012. Therefore, she has been deceased for approximately 9 years as of 2021. Her death was caused by an accidental drowning, which was related to drug use. Houston was only 48 years old at the time of her passing. Her death was a significant loss to the music industry and her fans all around the world. Despite her struggles with addiction, Houston’s legacy as one of the greatest vocalists of all time lives on.
Conclusion
Whitney Houston was an iconic singer with an extraordinary talent that won her numerous accolades and made her a household name. However, she struggled with addiction and personal issues throughout her career, which ultimately led to her untimely death. Despite her challenges, Houston left behind a legacy of unforgettable music that continues to inspire and move people around the world. Her impact on the music industry will alays be remembered, and her story serves as a reminder of the dangers of substance abuse and the importance of seeking help when struggling with addiction. Whitney Houston will forever be missed, but her music will live on forever.
