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March 8, 2012 | celebrity | editor | 0 Comments
Hopefully Bobby Brown wasn’t expecting any kind of a windfall when Whitney Houston died, because her will was filed today in Atlanta, and Inside Edition says she left literally everything to their 19-year-old daughter.
Bobbi Kristina gets everything: all of Houston’s money, furniture, clothing, personal effects, jewelry, and cars. ?The money will be placed in a trust until Bobbi Kristina turns 21. She gets more money when she turns 25 and the rest when she is 30.?
But don’t be too jealous, because Whitney, who sold over 200 million records during her career, wasn’t just broke, but $20 million in debt, according to The Daily:
Houston was out of cash in 2001 when she signed what was said to be a $100 million deal with Sony for six albums. While the agreement could have been worth $100 million if things had gone right, Houston only collected about $40 million. “It’s really an advance against sales. They loaned her the money, and her records didn’t sell.”
Based on the meager sales figures, “She owes Sony at least $20 million. She’s going to have to sell 5 million more records before her family sees a dime.”
And that seems unlikely, since ghosts don’t really sing. They pretty much just say “Boo!” Maybe she could do one of those Spooky Halloween Sounds cd’s that you get at Hallmark.