Inside Ozzy Osbourne’s will – How Black Sabbath rocker’s $200 million fortune will be divided
Ozzy Osbourne’s will has been revealed, with the Black Sabbath frontman’s $200 million fortune and real estate portfolio set to be divided among his wife Sharon and his six children
Sharon Osbourne will receive the majority of her husband’s fortune(Image: Dave Hogan, Getty Images)
Following the passing of rock legend Ozzy Osbourne, the Black Sabbath frontman has been laid to rest.
He leaves behind his wife, Sharon, and children Jack, Aimee, Kelly, Louis, Elliot, and Jessica. The iconic singer passed away on July 22 at the age of 76, just weeks after his final performance at the Back To The Beginning show in Birmingham’s Villa Park. The heavy metal superstar was honored with a public funeral procession last week, followed by a private ceremony attended by family and close friends.
Details of Ozzy’s will have now surfaced, with insiders stating that “no child would be cut out of his will, no matter their public profile.”
Radar Online reports that the lion’s share of Ozzy’s wealth will go to his wife, Sharon, who will have a lifetime interest in his estate. The site also suggests that after her passing, the remaining assets will be divided equally among their three children: Aimee, Kelly, and Jack.
Ozzy’s children are set to inherit his properties(Image: Getty Images)
The report also states that Kelly and Jack are named as executors alongside Sharon Osbourne. Kelly is set to inherit part of the estate in Buckinghamshire and maintain her mother’s Hancock Park home, reports the Express.
Additionally, Jack is slated to receive the Californian compound and a stake in the publishing rights. Aimee, on the other hand, is reportedly set to receive her share in trust, which will provide quarterly payments until she reaches 50, at which point the principal will be released.
From his first marriage to Thelma Riley, Ozzy Osbourne became a father to Jessica and Louis. He also adopted Thelma’s eldest son, Elliot.
Ozzy and Sharon share three children(Image: PA)
During a 2020 appearance on The Talk, Sharon Osbourne discussed plans for Ozzy’s estate. She stated, “Everyone is different. […] And I just know that my husband’s body of work, that he’s written, and kept us all in the lifestyle that we love, goes to my children.
I don’t want someone that never met my husband owning his name and likeness and selling T-shirts everywhere and whatever. No, it stays in the Osbourne family.”
At the time of his passing, Ozzy was estimated to have a net worth of around $220 million. The majority of his wealth was amassed from his successful music career, which spanned over five decades.
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