Net Worth Ranker
What Was Bobbi Kristina Brown’s Net Worth?
At the time of her death on July 26, 2015, Bobbi Kristina Brown, the only child of Whitney Houston and Bobby Brown, had a net worth of $20 million. This substantial amount was primarily held in a trust fund established following her mother’s death in February 2012.
Details of Bobbi Kristina Brown’s Trust Fund
The $20 million trust fund was structured to be distributed to Bobbi Kristina in installments. Upon turning 21 on March 4, 2014, she received approximately $2 million, representing around 10% of the total trust. A further 15%, roughly $2.7 million, was scheduled for distribution when she turned 25 in 2018. The remaining portion was intended for her 30th birthday. However, due to her untimely death at the age of 22, neither of these subsequent distributions occurred.
Whitney Houston’s will stipulated that upon Bobbi Kristina’s death, the remaining funds would be divided equally between Whitney’s mother, Cissy Houston, and her two brothers. Bobby Brown, Whitney’s ex-husband, was initially named as a beneficiary but was removed following their divorce in 2007.
Following Bobbi Kristina’s death, there was uncertainty regarding the distribution of the initial $2 million she had already received. Had Bobbi Kristina died without a will, her father, Bobby Brown, would theoretically have had a legitimate claim to these funds. However, the situation was complicated by Nick Gordon, Bobbi Kristina’s boyfriend, who claimed they were married, which would have made him the primary beneficiary. This claim was disputed by the family’s lawyer.
Legal Battles and Restitution
In 2016, Nick Gordon was found “legally responsible” for Bobbi Kristina’s death in a civil case and was ordered to pay $36 million in restitution to her estate. This judgment included various damages: $1.575 million for assault and battery, $13.8 million for pain and suffering, $4.2 million for loss of life value (including future earnings), and punitive damages of $250,000. Additional damages were awarded for conversion and for medical expenses incurred.
However, Nick Gordon died of a drug overdose on January 1, 2020, making it highly unlikely that the full $36 million restitution was ever paid to Bobbi Kristina’s estate.
Early Life and Career
Born on March 4, 1993, in Livingston, New Jersey, Bobbi Kristina Brown was the only child of music icons Whitney Houston and Bobby Brown. Her early life was significantly influenced by her parents’ high-profile careers and personal struggles. In 1994, at the age of one, she appeared with her mother on stage at the American Music Awards. In 1998, she was featured on Whitney Houston’s song “My Love Is Your Love” on the album of the same name, where her voice can be heard saying “Sing, mommy” and “Clap your hands!”.
During her elementary school years, Bobbi Kristina was part of a docu-drama on Bravo that focused on her parents’ lives. She frequently accompanied her parents on tour, experiencing both the highs and lows of their careers. After her parents divorced in 2007, she primarily resided with her mother in Atlanta.
Adult Life and Career Endeavors
Following her mother’s death in February 2012, Bobbi Kristina inherited Whitney Houston’s entire estate, which was valued at approximately $115 million and included cars, jewelry, clothing, personal effects, and furniture. This inheritance significantly contributed to her net worth.
In 2012, Bobbi Kristina was cast in a recurring role as Tina, a receptionist, on Tyler Perry’s television series “For Better or Worse.” Perry praised her performance, noting her potential for a successful career in show business. The role was Bobbi Kristina’s acting debut. Although rumors surfaced that she had left the set, Tyler Perry defended her, clarifying that she had never “tearfully exited the set.”
In July 2013, Bobbi Kristina announced her engagement to Nick Gordon, a close family friend who had lived with the Houston family since the age of 12 but was never formally adopted. This announcement sparked controversy within the family.
Final Tragic Events
On January 31, 2015, Nick Gordon and a friend discovered Bobbi Kristina face down in a bathtub at her home in Alpharetta, Georgia. They performed CPR until emergency services arrived. She was transported to North Fulton Hospital in Roswell, Georgia, where she was found to be alive and breathing.
However, her brain function was significantly diminished, and doctors placed her in a medically induced coma. She was later moved to Emory University Hospital on February 2nd and subsequently to an Atlanta rehab facility in March 2015. Doctors diagnosed her with global and irreversible brain damage.
In June 2015, Bobby Brown arranged for his daughter to be seen by specialists in Chicago, but they concluded that there was nothing they could do. She was returned to Atlanta on June 24 and placed in hospice care. Bobbi Kristina Brown died in hospice on July 26, 2015, at the age of 22. Her funeral services were held on August 1, 2015, in Alpharetta, Georgia, and she was buried between her mother and maternal grandfather in Westfield, New Jersey, on August 3, 2015.
