New pasttime: guessing Brando's net worth

July 10, 2004 at 9:46 AM
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LOS ANGELES, July 10 (UPI) -- Speculation about how much Marlon Brando's estate is worth and who will get pieces of it were rife Saturday, ahead of a public look into the actor's holdings.

Although some reports suggested the two-time Oscar winner died virtually penniless, USA Today says Brando left an estate valued at approximately $21.6 million, with much of it in real estate.

Brando died July 1 in Los Angeles of lung failure, E! Online reported.

Sources say the bulk of Brando's consists of his home on Mulholland Drive in Beverly Hills, valued at up to $10 million, and his Tetiaroa resort, a string of 11 tiny islands in Tahiti, which he bought in the 1960s for approximately $250,000.

Brando's eight surviving children from four women are expected to be the will's beneficiaries. The offspring have reportedly retained a slew of lawyers to ensure each recei ves a fair share.

Overseeing the will's execution will be friend and producer Mike Medavoy, business manager Larry Dressler, and friend Arva Douglas.

Topics: Mike Medavoy
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