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Versace's niece is newest rich teenager

MILAN, Italy, June 30 (UPI) -- The late Gianni Versace's niece joined the world's wealthiest teens Wednesday when she inherited half of her uncle's estate.

For her 18th birthday, Allegra Beck received a $235 million share in Versace's estate, which the designer left her following his 1997 death, Hellomagazine.com reported.

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Beck, whom her uncle called his "little princess," was 11 when Versace was gunned down outside his Miami mansion.

The designer left half his estate to Beck, 20 percent to his sister and Beck's mother, Donatella Versace, and 30 percent to his brother, Santo Versace.

It is unknown whether Beck will become involved in the family fashion business as she has expressed an interest in acting.

"If she succeeds, that's fine. If not, she will come and work in the company. She draws very well. She has asked for time until she is 23 to see what she wants to do," Donatella Versace said.

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