When Whitney Houston died the pocket of her 19-year old daughter got a little fatter. TMZ reports that Whitney Houston will give Bobbi Christina (not to be confused with Bobby Brown) 100 percent of her assets and estate.
The specific assets left by the will of Whitney Houston are not clear in reports but she leaves all personal effects, cars, jewelry, etc solely to the 19-year old. This is estimated to have a $20 million dollar value.
Bobbi Christina now has a trust set-up and will receive the money in chucks over the next 11 years, one payout at 21, another at 25 and the rest will come at age 30.
Whitney Houston signed the will back in 1993, one month before she gave birth to Bobbi Christina, and it was filed yesterday in Atlanta.
It is estimated that since her death, Whitney Houston record sales have skyrocketed, and the family has made nearly $1 Million in royalties. Nine of the pop singers albums remain in Billboards top 200 list and according to Billboard, “The last time one act had at least nine out of the week’s top 100 sellers was on Oct. 17, 2009, when the Beatles racked 11 out of the top 100.”
Catch Bobbi Christina on the Oprah Winfrey Network for a special on the life and death of her mother March 11.
When Whitney Houston signed the will in 1993, she was named the third highest female entertainer, behind Barbara Streisand and, ironically, Oprah Winfrey.