Tuesday, October 12, 2021
Due to Ono's "retirement," Sean Ono Lennon has taken control of John Lennon's estate. Sean Lennon mentioned to an audience at the National Music Publisher's Association Awards that Ono had an "illness" but did not disclose any further information.
Sean was appointed as the director at eight companies linking to Yoko Ono and the Beatles. Companies include multimedia company Apple Corp, "which was founded by John Lennon alongside bandmates Paul McCartney, George Harrison and Ringo Starr in 1968."
Sean Ono Lennon will also oversee Lincoln, a company that manages the publishing rights of some of John Lennon's music.
Taking control of Lennon's estate will not be a simple task. Lennon's estate was estimated to be worth around $800 million at his time of death, and it is safe to assume that it has grown since then.
In 2019, Forbes reported that Lennon's estate had earned more than $14 million. At the time, Lennon was the world's 7th top-earning dead celebrity.
Sean is motivated by his dad's music and looks to make sure the music is not forgotten.
See Riley Fitzgerald, Sean Lennon has taken control of John Lennon’s estate, Cosmic Magazine, last visited Oct. 12, 2021.
Special thanks to David S. Luber (Florida Probate Attorney) for bringing this article to my attention.