What Is Nick Gordon’s Net Worth?
At the time of his death on January 1, 2020, Nick Gordon, an American celebrity, had a reported net worth of -$36 million. This negative net worth stemmed primarily from a court judgment against him in connection with the death of Bobbi Kristina Brown, his former fiancé.
Legal Judgments and Financial Liabilities
In 2016, Nick Gordon was found legally responsible for the death of Bobbi Kristina Brown. A court ordered him to pay $36 million in restitution. This judgment was broken down into several categories, reflecting the various damages the court assessed. The breakdown included $1,500 to cover funds Gordon allegedly took from Brown’s checking account, $250,000 in punitive damages, $1.4 million for assault and battery, $13.8 million for pain and suffering, $4.2 million in punitive damages, and $15 million for the present value of life. The initial lawsuit sought $50 million in damages. This substantial legal liability significantly contributed to Nick Gordon’s negative net worth.
Early Life and Relationship with Bobbi Kristina Brown
While specific details regarding Nick Gordon’s early life, such as the schools he attended or specific addresses, are not widely available, it is known that he moved into the household of Bobbi Kristina Brown and her mother, Whitney Houston, at the age of 12. Brown reportedly considered Gordon a big brother. In 2012, Bobbi Kristina and Nick became engaged, marking a significant turning point in their relationship. Although they announced that they were married in 2014, Bobby Brown’s lawyer later denied this claim in 2015. This complex relationship drew considerable media attention and ultimately played a significant role in the events leading to Gordon’s financial downfall.
The Death of Bobbi Kristina Brown and Subsequent Legal Battles
In January 2015, Nick Gordon and a friend found Bobbi Kristina Brown unresponsive, face down in a bathtub at her home. Gordon performed CPR on Brown, but she never fully recovered. Brown’s death led to a series of legal battles, culminating in the aforementioned $36 million judgment against Gordon. While Gordon was never criminally charged in connection with Brown’s death, the civil lawsuit established his legal responsibility. This legal outcome and the associated financial penalties had a profound impact on his net worth, pushing it into negative territory.
Later Life and Death
In 2017, Nick Gordon faced further legal troubles when he was arrested for allegedly abusing his girlfriend. However, these charges did not directly affect the $36 million judgement. Nick Gordon died on January 1, 2020, at the age of 30, from a drug overdose. His death closed a tumultuous chapter marked by personal struggles, legal battles, and significant financial liabilities. At the time of his death, the $36 million judgement was still outstanding, ultimately defining his net worth as a negative $36 million.