Who inherited Elizabeth Taylor’s fortune? That is a question that has been a subject of interest for many people since the actress passed away at the age of 79. Depending on the source of the money, it could be anywhere from $600 million to $1 billion. But how much of that fortune actually came from her business side? Few fans of the star knew that she had a business background. So how did she wind up with so much money?
During her lifetime, the actress made billions of dollars, which she left to her four children and 10 grandchildren. The actress earned $2 per second. Her children and grandchildren also have a say in the foundation. According to Bloomberg Businessweek senior editor Diane Brady, Elizabeth Taylor’s heirs will be able to support their own charities. In addition to their own personal lives, the Taylor family has been active in the AIDS community for years.
When she passed away, she left behind a fortune of $600 million. Her jewelry collection alone was valued at $150 million. After her death, the estate of Elizabeth Taylor became known as the House of Taylor. The foundation revived the Elizabeth Taylor brand and sold Elizabeth Taylor’s clothing and accessories, including her beloved White Diamond fragrance. The estate’s wealth was largely passed on to her children, grandchildren, and friends.