Whitney Houston’s net worth and who received her fortune following her death have been hotly debated topics since her passing.
The head of Arista Records, Clive Davis, helped Houston, dubbed “The Voice,” sign to her first record label when she was 19 years old. Davis would go on to serve as Houston’s mentor and close friend. Houston was found lifeless in a suite at the Beverly Hilton Hotel on February 11, 2012. She was submerged in the bathtub when she was discovered.
When the ambulance arrived, the singer was not breathing; shortly after, she was pronounced dead.
So how much money did Whitney Houston have in the bank before she passed away? Please continue reading to learn Whitney Houston’s estimated net worth and the beneficiaries of her estate.
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Who is Whitney Houston?
Houston was born in Newark, New Jersey, on August 9, 1963; her full name is Whitney Elizabeth Houston. Houston, known as “The Voice,” signed to her first record company at 19 with the help of Clive Davis, the head of Arista Records, who would later become her mentor and close friend.
Whitney Houston from 1985 and Whitney from 1987, which peaked at number one on the Billboard 200, are two of the best-selling albums of all time. With more than 200 million records sold globally since her debut, Houston has become one of the best-selling music artists of all time.
From 1985’s “Saving All My Love For You” to 1988’s “Where Do Broken Hearts Go,” she holds the Record for being the only musician in music history to have seven straight number-one songs on the Billboard Hot 100. She holds 28 Guinness World Records, six Grammys, and two Emmys.
Houston made her big-screen acting debut in the 1992 film The Bodyguard, which earned her a Grammy for Record of the Year for the soundtrack song “I Will Always Love You.” The track retains the Record for a female artist’s highest-selling physical single in music history.
She later produced films, including 1997’s Cinderella, in which she played the Fairy Godmother. Houston also acted in the movie. Houston passed away on February 11, 2012, having spent over 40 years in the music business. Aged 48, she was.
How much did Whitney Houston make for The Bodyguard?
For The Bodyguard, how much money did Whitney Houston earn? Houston made her big-screen acting debut in 1992’s The Bodyguard as Rachel Marron. The film made more than 121.9 million dollars in North America and $410.9 million globally.
It was released the same day as Disney’s Aladdin, the second-highest-grossing movie of 1992. “Run to You” and “I Have Nothing,” two songs from the film, were nominated for Best Original Song at the 1993 Academy Awards.
The movie was also nominated for four Grammy Awards in 1995 and took home three of them, including Album of the Year for the soundtrack and Record of the Year for “I Will Always Love You.”
What was Whitey Houston’s salary for The Bodyguard? Although the amount of money made by Houston as an actor in The Bodyguard is unknown she had made $33 million from the music, The Bodyguard: Original Soundtrack Album, by the time of her passing.
With more than 45 million copies sold worldwide, the album Houston co-executive produced with Clive Davis is the most successful soundtrack of all time. It also broke Adele’s 21 in 2011’s Record for the most weeks spent at number one by a female artist on the Billboard 200, which had stood for 19 years.
With the album’s release, Houston made history as the first artist to sell more than a million copies of an album weekly. Dolly Parton, who penned “I Will Always Love You” and owns the song’s copyright, discussed how her life changed due to Houston’s success with the music in a 2012 interview.
At the time, she recalled, “Whitney did it, and I got all the money for the publication and the writing, and I bought a lot of inexpensive wigs.”
What is Whitney Houston’s Net Worth?
How much money did Whitney Houston have when she passed away? Cheat Sheet estimates that Whitney Houston had a $20 million net worth at the time of her death. Whitney Houston’s net worth also included the $10 million she earned for her role as Julia Coleman Biggs in 1995’s The Preacher’s Wife, the $36 million she made for her 2010 Nothing But Love Tour, and the $100 million contract she signed with Arista Records in 2001.
Houston’s mother, Cissy Houston, addressed a claim that she was “broke” at the time of her death in an interview with My9 following her daughter’s passing. “Whitney did not pass away poor; she is not poor. None of that nonsense,” she urged. Zack O’Malley Greenburg, a Forbes reporter, addressed the rumor at the time.
He told E! News that there were “definitely whispers” that Whitney Houston had died penniless and had made little money in her final years. It had been a while since she released an album and went on tour, so it makes sense that she could be running a little low on funds as she neared the end of her life. He said, “Selling 200 million recordings is still at least a quarter of a billion dollars in earnings, [even] for someone without publishing royalties.”
According to Forbes, Houston’s career era of tremendous financial success occurred between 1993 and 1994, following the release of The Bodyguard. Only Oprah Winfrey and Barbra Streisand earned more money as female entertainers at the time than Houston, who was listed third.
Houston owned two residences in New Jersey totaling $2.85 million in her name at the time of her death. In 2007, Houston also sold a house in Atlanta for $509,875 following the divorce she had with Bobby Brown, her ex-husband. In 2005, she also sold a Florida house for $1.35 million.
Who received the estate of Whitney Houston?
Who received the estate of Whitney Houston? Her only kid, Bobbi Kristina Brown, whom she had with her ex-husband Bobby Brown, received the entirety of Houston’s wealth. Houston created her will in 1993, following the birth of Bobbi Kristina, and updated it in April 2000 to ensure that Bobbi Kristina would receive the entirety of her wealth.
Bobbi Kristina received $2 million from Houston’s estate because she was just 19 years old when she passed away, while the remainder was placed in a trust fund until she reached 21. In Houston’s will, Bobbi Kristina was to inherit a further sixth of the estate at age 25, followed by the remainder at age 30.
She never reached the age of 25. On July 26, 2015, Bobbi Kristina passed away. She had just turned 22. On January 31, 2015, her partner, Nick Gordon, and a friend discovered her face in a bathtub at her Roswell, Georgia, home. They started CPR until emergency medical personnel came.
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After being moved to North Fulton Hospital while still conscious and breathing, Brown was declared to have “seriously decreased” brain function and put into an induced coma. On July 26, 2015, she passed away in hospice care. She was 22 years old.
Following Bobbi Kristina Houston’s passing, her mother, Cissy Houston and her two brothers received her estate. Although Cissy was designated as the executor of Houston’s will, she eventually relinquished the position. She asked that Marion “Pat” Houston, Houston’s sister-in-law and manager, take sole estate administration.
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