Here's Who Inherited Katharine Hepburn's Money After She Died

Superstar actress Catherine Hepburn was one of the most iconic figures in Hollywood history earning widespread Acclaim from critics and love from fans over her long career but she also famously didn't have any children so what happened to her Fortune when she passed away to understand the unconventional choices she made in her will it hopes to understand the unconventional choices she made in both her personal life and her career she graduated college in 1928 with degrees in history and philosophy but decided to pursue an acting career instead then later that year she quit acting to become a housewife when she married Ludlow Smith it didn't suit her she was back to acting in no time aggressively chasing roles she wanted and brushing off criticisms and setbacks and she bucked the conventions of the time regarding the role of women in society she divorced Smith and never remarried chose a career over children wore pants instead of dresses and was famous for her sharp tongue and outspoken political beliefs none of that endured her to the press and after winning an Oscar for the 1933 film Morning Glory her career went into steep decline as she received poor reviews for a string of box office Duds undeterred she took control by returning to the stage in 1939 with the hit play the Philadelphia story she then bought the movie rights and turned the 1940 film adaptation into one of the biggest hits of her career that launched a career Revival that changed her life in unexpected ways when she teamed with Spencer Tracy for the 1942 film woman of the year the two fell in love but Tracy was already married and as a devout Catholic he refused to divorce his wife so Hepburn made another unconventional Choice she agreed to stay with him in secret over the next quarter of a century they made a total of nine films together and she remained devoted to him taking care of him until his death in 1967. but it's fun to take care of someone that you think is unusual and capable of whom you can help despite her popularity waning by the late 1940s she continued to starring critically and commercially successful films throughout her life including the Lion in Winter On Golden Pond and more her last movie with Tracy 1967's Guess Who's Coming to Dinner earned Hepburn her second of what would be her four Academy Awards her final role was in 1994's love affair when Hepburn was 87 years old more than six decades after her first film appearance and to the end she kept her love of trying new experiences there's so much you know the world's so full of Fascination Catherine Hepburn died on June 29 2003 at the age of 96. History reports that she died in her home in Old Saybrook Connecticut from natural causes according to the guardian Heparin had been sick for some time and was suffering from Parkinson's disease prior to her death her celebrity net worth Hepburn was reportedly worth 20 million dollars at the time of her death with much of that coming from the value of for waterfront home so considering she didn't have any children what ultimately happened to her estate after she died The Smoking Gun explains that in a will signed in 1992 Hepburn bequeathed her fortune and assets to her employees her family and charity according to her last will and testament she gave her housekeeper Nora Moore one hundred thousand dollars her accountant Eric Hansen fifty thousand dollars and her literary agent Freya manston five thousand dollars journalist Cynthia McFadden was given ten thousand dollars additionally McFadden was bequeathed furniture and art from Hepburn various belongings and memorabilia were distributed among Hepburn's friends family and charity and other small amounts of money were distributed to various employees and Friends Heparin also specified that ten thousand dollars each was to be given to actors fund of America the motion picture and television fund and a church in Maryland furthermore her nephew and grand niece inherited one hundred thousand dollars lastly Hepburn requested that her home homes in Connecticut and New York be sold and the profits given to her sister Margaret her brother Robert and the families of her deceased siblings Richard and Marion finally in her Will Hepburn also specified that she did not want a funeral one last unconventional choice for a rule-breaking icon [Music]

Channel: Grunge

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Keywords: grunge, katharine hepburn, actress, actor, hollywood

Id: YscQdK7DLhY

Length: 4min 21sec (261 seconds)

Published: Thu Nov 10 2022