Hollywood FAQs: American recording artist Whitney Houston – who died in February 2012 in a Beverly Hills hotel room – has reportedly left behind her fortune to her only daughter Bobbi Kristina Brown. According to the ‘I will always love you’ singer’s will, the funds from Houston’s estate will be transferred to a trust to benefit her daughter. The terms of the will were filed on March 7, 2012 in Atlanta.
Bobbi will be getting a part of the principal when she is 21-years-old. She will receive more money when she turns 21 and the balance will be handed over when she celebrates her 30th birthday. For a long time, Houston had guarded her child against the media.
Bobby Brown is the father of Houston’s daughter. Kristina, who turned 19 on March 4, suddenly came to light after the death of her mother at the age of 48.
The daughter of the ‘Bodyguard’ actress has also given an interview to Oprah Winfrey which will be aired on Oprah’s OWN cable network on March 11, 2012. Houston did not enjoy a huge share of revenue out of her work due to her label, Sony Legacy Records. The label had owned the catalogue of her albums and paid the singer royalties for her performances. The singer did not write her hit songs and did not have revenue for those publishing the rights.
Last month, Houston was found dead in the bath tub of her suit at a hotel in Beverly Hills and was found unresponsive by her hairdresser and bodyguard. On February 11, the singer was taken out of the bath tub and was tried to be revived. Even the paramedics tried to revive the singer but in vain. Later the reports said that the singer suffered an accidental death. The reason of her death was earlier predicted as a toxic mix of alcohol and prescription medicines.