Billionaire's Will Reveals Shocking Asset Value.

1 min read
Source: New York Post
Billionaire's Will Reveals Shocking Asset Value.
Photo: New York Post
TL;DR Summary

Billionaire Thomas H. Lee, who died by suicide last month, listed only $25 million worth of assets in his will, which is a fraction of his estimated worth of $2 billion. Lee left $10 million each to his two sons and named his wife as executor of his estate. His other three children are listed as beneficiaries of trusts. Lee's wife's three siblings will inherit $5 million each. The assets listed in the will likely don't reflect the true value of his holdings, as billionaires typically use trusts while planning their estates.

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