Who Inherited Lucille Ball's Money After Her Death?

williamfaulkner

Who Inherited Lucille Ball's Money After Her Death?

Lucille Ball, a beloved figure in the world of comedy, continues to capture the hearts of audiences long after her passing. With the recent release of the biopic "Being the Ricardos," available on Amazon Prime, her legacy is once again in the spotlight. Ball's iconic sitcom, "I Love Lucy," not only made her a household name but also contributed significantly to her wealth. According to Celebrity Net Worth, she was estimated to be worth around $60 million at the time of her death in 1989, which translates to a staggering $125 million when adjusted for inflation. Even decades later, "I Love Lucy" continues to generate substantial revenue, reportedly earning CBS $20 million annually.

Ball's illustrious career, spanning from 1933 to 1986, included over 121 acting credits, establishing her as one of the most influential figures in television history. With such a remarkable career and ongoing earnings from her show, the question arises: who benefits from Ball's estate and her comedic legacy? The answer to this question is not straightforward, as it involves a complex web of familial relationships and disputes over her fortune.

The aftermath of Ball's death was marked by an intense struggle over her estate, with her children and second husband embroiled in a legal battle. This situation raises important questions about inheritance and the lasting impact of a celebrity's financial legacy on their family. As we delve deeper into the intricacies of Lucille Ball's estate and the controversies that followed her death, we uncover the dynamics of family relationships and the value of preserving a legacy.

An Estate War Broke Out Among Inheritors

After Lucille Ball's death, her estate became the center of a significant dispute. According to the Reelz documentary "Lucille Ball: Death, Life & Money," friction arose primarily between her children, Lucie Arnaz and Desi Arnaz Jr., and her second husband, Gary Morton. The source of tension stemmed from disagreements about the distribution of her assets. More specifically, conflicts emerged between Ball's children and Morton’s wife, Susie McAllister.

When Morton passed away, he left several of Ball's personal belongings to McAllister, who subsequently sold them. This decision sparked a series of disputes, as Ball's children sought to reclaim items such as jewelry, awards, and letters that had been sold. Notably, one of Ball’s faux pearl necklaces was sold for just $325 on the show "Pawn Stars," a far cry from its true value.

In 2010, McAllister began auctioning off many of Ball's personal items, prompting Lucie Arnaz to take legal action against her. A judge issued a restraining order against McAllister, leading to negotiations with the auction house that ultimately resulted in Ball's lifetime achievement awards being returned to Lucie. She plans to donate these awards to a museum, ensuring that her mother’s legacy is preserved for future generations.

How Lucie Arnaz Reacted to Being the Ricardos

The release of "Being the Ricardos" reignited discussions about Lucille Ball and Desi Arnaz, particularly regarding the casting of Nicole Kidman as Ball. Regardless of public opinions on the casting choice, it is crucial to understand the perspectives of Ball’s family members. Lucie Arnaz, in a candid Facebook video, expressed her thoughts on the film’s portrayal of her mother and father.

In her video, Lucie emphasized that "Being the Ricardos" is not a remake of "I Love Lucy," but rather a narrative exploring the real lives of Lucille and Desi. She clarified that the film focuses on their genuine story, highlighting their relationship, the challenges they faced, and the love they shared. Lucie stated, "There will be humor in the film, but it is a story of the two of them and how they met and what went right with finding the show, what went wrong, their relationship, their love affair."

As the film brought attention back to her mother’s legacy, it also reminded audiences of the complexities surrounding Ball's estate. While her comedic genius brought joy to millions, the reality of her financial legacy presented a different narrative, involving disputes and struggles within her family. Thankfully, Lucie Arnaz’s efforts ensured that her mother’s awards and achievements were not lost to the highest bidder.

In summary, Lucille Ball's life and legacy continue to inspire and entertain, while also highlighting the intricacies of familial relationships and the challenges of preserving a legacy amidst disputes. With both her comedic brilliance and the ongoing conversation surrounding her estate, Ball's story remains as compelling as ever.

The Heartbreaking Tale Of Lucille Ball's Son Flipboard
The Heartbreaking Tale Of Lucille Ball's Son Flipboard

HERE'S WHO INHERITED LUCILLE BALL'S MONEY AFTER SHE DIED
HERE'S WHO INHERITED LUCILLE BALL'S MONEY AFTER SHE DIED

Here's Who Inherited Lucille Ball's Money After She Died
Here's Who Inherited Lucille Ball's Money After She Died

Also Read