Whitney Houston's Fortune In Limbo Amid Bobbi Kristina Tragedy
By Ian Halperin, Jun. 19, 2015, Billboard
Since Jan. 31, the day that Bobbi Kristina Brown was found face-down in the bathtub of her Roswell, Ga., townhouse, the world has focused on what led up to the tragedy, which eerily paralleled her mother Whitney Houston's drowning in 2012. Less attention has been focused on what becomes of the singer's estate.
Unconfirmed reports point to a battle between the Houston family and Whitney's ex-husband, Bobby Brown, over whether to remove Bobbi Kristina, 22, from life support -- framed as a clash over religious values and the sanctity of life. Beyond moral considerations, however, there are tens of millions of dollars playing a behind-the-scenes role in the conflict.
When Houston died in a Beverly Hills hotel room at age 48 -- which the coroner attributed to a combination of heart disease and cocaine use -- her legacy as one of history's most successful recording artists was undeniable. But while she earned an estimated $250 million throughout her career, Houston's fortune had dwindled after a decade-long decline into drug dependency and marital woes. Media reports shortly before her death claimed that mentor Clive Davis had to loan her $1.5 million to finance a stint in rehab.
More: www.billboard.com
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