Sunday, March 27, 2011
Elizabeth Taylor amassed her fortune, now estimated to be between $600 million -$1 billion, mainly as an entrepreneur who branded her personality. Just because she died doesn't mean that she's finished hauling in the big bucks. She will most likely continue making money for years to come, similar to Michael Jackson. Elizabeth Arden has already announced that it will continue selling White Diamonds.
The question of who will receive her money is still unanswered. I recently blogged that it may go to her gay manager. She also may have left it to her dog or to her four children, but a large chunk of it will most likely go towards AIDS. She raised more than $270 million for AIDS through her foundation, and she was very committed to the cause.
See Elizabeth Taylor’s Fortune May Approach $1B, CBS, Mar. 26, 2011.