Four years ago West Coast rapper Nipsey Hussle was gunned down in front of his Marathon Clothing store in broad daylight [click here if you missed that].
Now Nipsey's estate has been settled...
From Radar Online
Nipsey Hussle’s brother Sam has wrapped up his work as administrator of the late rapper’s estate — and is ready to pay Lauren London’s son his cut of what his dad left behind, RadarOnline.com has learned.
According to court documents obtained by RadarOnline.com, Blacc Sam submitted his final accounting report that revealed the estate's assets.
Sam was appointed to take control of Nipey’s finances after his death in 2019. The only two beneficiaries of the estate are Nipsey’s son Kross, who he had with girlfriend Lauren London, and his daughter Emani, who he had with his ex-Tanisha Foster.
In his report, he said the estate has around $11 million on hand at the moment. He revealed Nipsey’s estate has several bank accounts with funds totaling $5,997,092.
In addition, the estate has a 2012 Chevy Suburban worth $17k, 100% membership interest in All Money Inc worth $2.4 million, 100% interest in Marathon Studios, 100% interest in The Marathon Touring worth $606k, 100% interest in The Marathon Clothing Inc worth $271k and they estimate Nipsey’s trademark to be worth around $913k.
In addition, they have various other businesses and companies worth over $1 million. The grand total of assets comes to $11,355,596.64.
Sam has asked the court for permission to pay lawyers who worked on the case $130k.
Nipsey’s brother said Kross and Emani should both receive 50% of the remaining funds. However, Sam said Kross should be paid an additional $113k to offset payments made for Emani’s health, education, and other matters.
Lauren, on behalf of Kross, will be paid half of the money in the bank accounts and split his various businesses.
As RadarOnline.com first reported, the final report comes weeks after Sam, his sister and his mother convinced a judge to award them guardianship of Emani instead of Tanisha.
The family claimed Tanisha was not a fit parent and argued they could take better care of the minor.
6 comments:
Hmmmm 🤔
She also got a son by Lil Wayne
I have to give it to her , Nivea and Christiana
Millian
They definitely knew the assignment
When having oow children
This is poster 8:51pm again
1 of them did get marry but at
Least they carried themselves
Into small inheritances for their children
Lauren London not sweating this shizz. It is what it is. Her lifestyle won't be affected regardless. Maybe not so much for other folks. 🤷
Whore
RIP Nipsey!! Know that Lauren is going to make sure you're kids are straight.
She got her sacrifice money finally dig that scarfing people sure pays off
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