David Bowie’s Will Outlines How the Late Singer Distributed His $230 Million Fortune
David Bowie’s last will and testament, which details how his estimated $230 million fortune is to be distributed, was officially filed in Manhattan Surrogate Court on Friday.
The “Let’s Dance” singer, who lost his battle with cancer at the age of 69 on January 10, is leaving up to $100 million to his supermodel wife Iman, their 15-year-old daughter Alexandria ‘Lexi’ Zahra Jones and his 44-year-old son, filmmaker Duncan Jones, from his marriage to first wife Angie, according to the New York Daily News.
In terms of property, the “Space Oddity” musician’s estate on Little Tonshi Mountain near Woodstock, New York has been left to his teenage daughter Alexandria. Iman, who Bowie married in 1992, will inherit all of the late rock ‘n’ roll icon’s other properties around the world, including their New York City apartment, located on Lafayette Street in the SoHo neighborhood.
Bowie’s residual estate has been split evenly between his two children – both Alexandria and Duncan get 25 percent each – and his widow Iman, who inherits the remaining 50 percent.
Back in 2007, his will was affected by a codicil he signed, in which his shares in a business called Possum Inc. were given to Schwab.
The singer also asked for his body to be cremated and his ashes to be scattered during a Buddhist ritual held in Bali.
Attorneys William Zysblat and Paddy Grafton Green, Bowie’s friends, have been named executors of his estate.
Bowie signed off on his last will and testament in 2004 reportedly after suffering a heart attack.