It's rumored that the trust passed the majority of her assets to her children, grandchildren, and to various charities. It's also believed, according to Bloomberg Business, that Elizabeth Taylor's net worth at the time of her death was between $600 million and $1 billion.
From her marriages, the actress had four children and 10 grandchildren. It is believed that her trust passed the majority of her assets to her children, grandchildren as well as to various charities.
What happened to Elizabeth Taylor's jewelry after she died?
As such, after her death in 2011, a record-breaking, history-making auction of her jewelry took place in New York, billed as The Collection of Elizabeth Taylor. The event drew unprecedented interest from bidders all over the world and garnered sales of over $156 million - far exceeding Christie's expectations.
He married his fourth wife Sally Hay in 1983, and they were married until Burton's death in 1984. According to the Associated Press, Burton “left the bulk of his 2.7 million estate to his fourth wife and nothing to Elizabeth Taylor.
Burton details his passion for Taylor, writing in November 1968 of how the actress, then one of the biggest stars in the world, had shaped him as a man. "I have been inordinately lucky all my life but the greatest luck of all has been Elizabeth," he wrote.
Here's What Happened To Elizabeth Taylor's Money After She Died
Did Elizabeth Taylor have a child with Richard Burton?
Richard Burton
Though their fiery first marriage fizzled, Taylor and Burton (who had adopted a daughter, Maria, born in 1961) gave wedded bliss another shot — briefly — and remarried on Oct. 10, 1975. Some joked that Burton simply wanted to be near all the jewelry he had given his ex.
How much is Elizabeth Taylor's diamond ring worth today?
The final sale price was an astounding $156.8 million. This included $8.8 million for the engagement ring, which featured the Krupp – now renamed Taylor – diamond.
And, well, she must have loved playing that part, because Liz would infamously walk down the aisle eight times (to seven husbands, marrying Richard Burton twice) over the next 40 years. Her first wedding took place in 1950, at the age of 18, and she didn't stop until her last stint as bride in 1991, at the age of 59.
The historic home's new owner is Ardie Tavangarian, a Los Angeles-based real estate developer who is known for building massive spec mansions, including one that sold for $75 million in 2019.
Fortensky made headlines in the years after the divorce when he fell down a flight of stairs in 1999 and ended up in a coma. He suffered short-term memory loss because of the accident. He also had a home in Temecula repossessed in 2010. Taylor reportedly left him $825,000 when she died in 2011.
Since its discovery in India in 1642, the infamous diamond was stolen at least twice in its long history and has changed hands several times, leaving a trail of unfortunate fate and supposedly bad luck for almost every owner.
This exceptional stone was a symbol of one of Hollywood's greatest love affairs. Elizabeth Taylor's passion for glamorous jewels was legendary. Over the years she amassed a remarkable collection from the great houses—Bulgari, Cartier, Van Cleef & Arpels and more.
March 24, 2011 — -- Elizabeth Taylor was laid to rest in a small funeral ceremony today at The Great Mausoleum in Glendale, Calif.'s Forest Lawn Cemetery, the same cemetery where her close friend Michael Jackson is entombed.
Did Elizabeth Taylor go to Richard Burton's funeral?
The actor died from a brain haemorrhage in August 1984 in Geneva, Switzerland. Taylor was asked to stay away from the funeral because Burton's family feared her presence would create a media circus.
Taylor's final resting place at Forest Lawn -- the same place of burial for her longtime friend Michael Jackson -- is in the memorial park's Great Mausoleum "sheltered beneath a soaring marble Michelangelo angel," Morrison said.
