It is difficult to accurately answer the question of how rich Larry Birkhead is. His estimated net worth has been reported to range from $50,000 up to somewhere in the millions – how much exactly is not clear.
Reportedly, Larry Birkhead was entitled to a trust fund established by his late daughter’s mother, the legendary Anna Nicole Smith. It is reported that the trust fund was worth around $50 million but it is not known how much of that went to Larry Birkhead, if any.
Aside from any money he may have inherited, Larry Birkhead makes a living through a few sources of income. He works doing television appearances, endorsements, and professional speaking engagements. He is also said to participate in the entertainment industry, although the details of his involvement are not public.
It is also reported that he is an entrepreneur and businessman, although the details of this side of his life are also not public.
It is difficult to determine Larry Birkhead’s exact net worth, as he is especially private with his finances and does not publicly disclose any financial information. However, based on the various sources of income, one can safely assume it is in the hundreds of thousands to the millions, though exactly how much remains a mystery.
How much money did Anna Nicole Smith inherit?
Anna Nicole Smith was famously awarded a significant sum in inheritance after the death of her husband J. Howard Marshall II, in 1995. The case went through several appeals, and in 2006 the U. S. Supreme Court ruled that Marshall’s estate was required to pay Smith $474 million in cash and an additional estate asset estimated at approximately $88 million.
Smith had originally sought a much larger sum, and in 1997 the court awarded her nearly $450 million in punitive damages, which were overturned on appeal. Ultimately, the amount that Smith inherited was estimated to be about $560 million in cash and assets, though the exact figure is difficult to determine due to the complexities of estate taxes and legal fees.
Who inherited J. Howard Marshall money?
The late J. Howard Marshall was an American oil tycoon with a successful career and a large estate. After his death in 1995, his estate was left to his only son, E. Pierce Marshall. Pierce had been working with his father at their oil company before his father’s death, shaping the family’s extensive business interests.
Unfortunately, Pierce passed away in 2006, and his death dramatically changed the situation surrounding the inheritance of J. Howard Marshall’s money. Without an immediate heir, the estate was inherited by Pierce’s widow, Elaine T.
Marshall, and later, by a stepson from Elaine’s second marriage. Despite various legal disputes over the years, the estate remains in the possession of the Marshall family.
What is Anna Nicole Smith’s daughters net worth?
Anna Nicole Smith had one biological daughter, Dannielynn Hope Marshall Birkhead, who was born in 2006. Dannielynn’s father is Larry Birkhead. Dannielynn’s current net worth is estimated to be around $59 million, as of 2020.
This net worth includes both her inheritance from her father, J. Howard Marshall, as well as assets earned through her mother’s reality television series and modeling career.
Dannielynn’s inheritance from her mother is estimated to be between $49 – $59 million. In 2006, Anna Nicole won a $450 million case against the J. Howard Marshall Estate, the majority of which was to be held in a trust fund for Dannielynn.
The court later reduced the settlement amount to $88 million, but the trust fund is still said to be quite substantial.
Since her mother’s death, Dannielynn has also taken steps to capitalize on her mother’s iconic status. In 2011, she was chosen to be the face of Guess Kids clothing line. She also appears in print ads for high-end brands, including GUESS and Candies.
Dannielynn’s father, Larry Birkhead, is also a successful businessman. In 2019, he launched a website, Dannielynn’s World, where he sells clothing, jewelry and other items, with a portion of the proceeds going to a foundation in his daughter’s name.
Through his business ventures, it is assumed that Dannielynn has also benefited from a large source of income.
Overall, it is estimated that Dannielynn Smith’s net worth is currently around $59 million.
What happened to Anna Nicole’s son?
Unfortunately, Anna Nicole’s son Daniel Smith passed away in 2006. He was just 20 years old. Daniel was found unresponsive in his mother’s hospital room on September 10, 2006 in the Bahamas. It was later determined that he died of an accidental drug overdose, including a lethal combination of four drugs.
The aftermath of his death was difficult for Anna Nicole, who was also in mourning after the death of her husband, J. Howard Marshall, who had passed away two years earlier. Following the death of her son, Anna Nicole suffered from depression and substance abuse issues.
In 2007, she died of an accidental overdose of a sedative.
Did Anna Nicole get any of Marshall’s money?
When Anna Nicole Smith and J. Howard Marshall married in 1994, Marshall had already passed away, leaving her with an enormous estate. Anna Nicole legally challenged Marshall’s will, which stipulated that most of his estate should go to his sons, in spite of the fact that she was his wife.
After a long and protracted legal battle, Anna Nicole was eventually granted a portion of Marshall’s estate, although it was only a tiny fraction of what she was originally claiming for. Ultimately, Anna Nicole was awarded $474 million by a California court of appeals, but after further appeals the amount was later slashed down to just $88 million.
Anna Nicole died in 2007, with the final ruling of $88 million being upheld. Therefore, it can be said that in the end, Anna Nicole did get some of Marshall’s money, although it was far less than she had initially expected and legally requested.
Did Anna Nicole Smith get any money from her husband?
Yes, Anna Nicole Smith did receive money from her late husband, J. Howard Marshall. Their marriage was highly controversial due to the large age gap between them. At the time of her husband’s death, Smith had recently been the recipient of an inheritance of one-half of his estimated $1.
6 billion estate. Following the death of her husband, Smith filed lawsuits in multiple states over the estate. In 2001, a federal appeals court ruled in Smith’s favor, awarding her a $450 million judgment from her husband’s estate.
Smith was ultimately unable to receive the money due to the efforts of J. Howard Marshall’s son to block the claim. Marshall’s family argued that Smith had unduly influenced her husband to leave his estate to her.
The courts determined that Smith was ineligible to receive any of the money, leading to the eventual dissolution of the estate in 2006. Though Smith was never able to obtain any money from her late husband’s estate, her efforts to receive her share of his inheritance cemented her place in legal history.
How much is Anna Nicole’s estate worth today?
Anna Nicole Smith’s estate is estimated to be worth around $7. 9 million today. This figure is derived from her life insurance policy, investments, and other assets that she accumulated throughout her lifetime.
The majority of this figure is attributed to the $474 million settlement from the estate of her late husband, billionaire oil tycoon J. Howard Marshall. The majority of that settlement has since been settled in court, though the value and specific details are largely kept private.
Anna Nicole Smith’s assets have generated significant financial stability and investments, which has allowed her estate to keep growing over the years. Today, the Anna Nicole Smith estate is still managed by her estate executors and administered by her team of lawyers.
Is Larry Birkhead biological father?
Yes, Larry Birkhead is the biological father of the late Anna Nicole Smith’s daughter, Dannielynn Hope Marshall Birkhead, who was born on September 7, 2006 in the Bahamas. After Smith, her son Daniel, and her lawyer “were found dead under suspicious circumstances” it was revealed she must have a paternity test that would name a father.
Smith had many partners including Howard K. Stern and Zsa Zsa Gabor’s ninth husband, Prince Frederick von Anhalt, but it was Larry who filed for a paternity test to prove his fatherhood. On April 10, 2007, the paternity test results concluded that there was 99.
999% likelihood that Larry Birkhead was the father. Larry has been raising Dannielynn in his home in Louisville, Kentucky.
How did Anna Nicole Smith pass away?
Anna Nicole Smith passed away in 2007 from an accidental drug overdose. Reports from the Broward County Medical Examiner showed that the combination of chloral hydrate and other sedatives found in her body caused her death.
Smith had a history of prescription drug abuse and had lost a significant amount of weight in a short period of time, making the cocktails of drugs in her system even more dangerous. It is believed that she had been struggling with the addiction for some time and many of her friends and family had noticed her health deteriorating in the days leading up to her death.
A coroner ruled the death an accidental overdose on the basis of the drug levels in her body. Smith had recently undergone gastric bypass surgery and this procedure also left her at greater risk of a fatal overdose.
Who is the father of Dannielynn Birkhead?
The father of Dannielynn Birkhead is Larry Birkhead. Larry is an American photographer, television personality, and model who is most famously known for his paternity claims concerning Dannielynn, the daughter he shares with the late Anna Nicole Smith.
The legal battle to prove his paternity was dragged out for over a year following Anna Nicole Smith’s death in 2007. After a prolonged and complicated court battle, Larry Birkhead was finally confirmed as the father of Dannielynn in April 2007.
birthing at the same hospital in the Bahamas where Anna Nicole Smith did two years prior. Following his highly publicized court battle, Larry has continued to remain dedicated to raising his daughter and has stayed out of the spotlight for most of her life.
How old was Anna Nicole’s daughter when she died?
Anna Nicole’s daughter, Dannielynn Hope Marshall Birkhead, was 6 years old when her mother, Anna Nicole, died in 2007. Anna Nicole was an American model, actress and television personality. Dannielynn was born in 2006, almost a year before Anna Nicole’s death.
At the time of her death, Anna Nicole was in the Bahamas with Dannielynn and filming for a reality show. Dannielynn’s father and Anna Nicole’s partner, Larry Birkhead, immediately returned to the United States to take custody of his daughter and care for her full-time.
Dannielynn and Larry Birkhead currently reside in Louisville, Kentucky, where they have lived since Anna Nicole’s death.
What was J. Howard Marshall net worth?
J. Howard Marshall was an American businessman, lawyer, and investor whose net worth was estimated to be as much as $1. 6 billion at the time of his death in 1995. He was best known as the fourth husband of American actress and model, Anna Nicole Smith.
Marshall made his fortune in oil and gas development. In 1931, he received his law degree from Yale Law School, where he was editor of the Yale Law Journal. He eventually partnered with the Shearman & Sterling law firm in New York and in 1964 founded his own energy law firm, Marshall & Stevens.
In 1984, Marshall bought his first oil leases, which he used to capitalize on the natural gas boom. He was also a principal investor in Texaco, based in Texas and Sohio, an Ohio oil company. His investments paid off greatly, earning him hundreds of millions.
Marshall was also an investor in Pasadena-based First Interstate Bank of California, where he held a 15 percent stake through Marshall Equity Corporation. Throughout the years, he made multiple investments in banking organizations, becoming one of the largest shareholders in the California-based Security Pacific Bank.
By the time of his death, his company had major investments in banking and thrift businesses.
Roughly a decade into his marriage to Anna Nicole Smith in 1995, J. Howard Marshall died of natural causes. At the time of his death, it was estimated that his net worth was as much as $1. 6 billion.
Part of his estate was set aside in trusts, while many investments were distributed between family members and his wife.