| Name | Frank Sinatra |
| Age | 82 (Died on May 14, 1998) |
| Profession | Musician |
| Source of Income | Music catalog |
| Net Worth | $300 million |
| Residence | Palm Springs, California |
Frank Sinatra‘s name is enough to get his timeless music playing in one’s mind. The larger-than-life star has left an invaluable legacy behind. Just like his music, Sinatra’s life story is also extraordinary. Laced with dramatic ups and downs, some human flaws, and a rags-to-riches story, Sinatra’s life is a story worth telling.
In great news for his fans, Frank Sinatra’s life story is on its way to hitting the screens with reports suggesting Martin Scorsese will direct his biopic. Joining him would be the megastars Leonardo DiCaprio and Jennifer Lawrence in the lead roles, playing Sinatra and his wife respectively. As fans get ready to see their icon’s story come to life, here’s what we know about his net worth at the time of his death, and who inherited the megastar’s earnings.
Frank Sinatra’s Net Worth At The Time Of His Death
Frank Sinatra left an indelible mark on the entertainment industry with his invaluable contribution to the music industry. His timeless music and charismatic persona remain relevant even today, decades after his death. With a remarkable career as a crooner, Sinatra made a lot of money while he was alive, and continues to do so even after his death.
At the time of his death on May 14, 1998, his net worth was $300 million, adjusted for inflation and inclusive of his music catalog, real estate holdings, and other valuable assets. After his death at the age of 82, the huge estate he owned became the subject of much attention, especially because of his complex family dynamics.
Frank Sinatra married four times in his life, and also reportedly had at least six affairs in between. He had three verified children that he shared with his first wife Nancy Barbato Sinatra, and reportedly a couple more with questioned paternity. His three verified children are daughter Nancy Sinatra, son Francis Wayne Sinatra, and another daughter Tina Sinatra. Though the children were primarily raised by Nancy Sr. after the couple split in 1951, Sinatra was close to them.
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Who Will Inherit Frank Sinatra’s Wealth?
After he died of cancer in 1998, Frank Sinatra’s wealth was distributed as per his will. His fourth wife, Barbara Sinatra, and his three children, Nancy, Tina, and Frank Sinatra Jr., inherited his wealth and assets.
Barbara Sinatra inherited the lion’s share of the estate as per his will, including all of Sinatra’s real estate properties, personal belongings, and a 25% stake in the royalties from his extensive music catalog. She also received an additional $13.5 million trust fund for her lifetime benefit.
Sinatra’s children, Nancy and Tina, each inherited 50% of the royalties from Sinatra’s music catalog. Frank Sinatra Jr. received Sinatra’s sheet music collection. Sinatra’s music is essentially timeless and continues to resonate with audiences worldwide even today, generating over $10 million in music royalties annually.
His Classics like ‘Fly Me to the Moon’, ‘I’ve Got You Under My Skin’, and ‘Night and Day‘ contribute to this ongoing revenue stream, raking in a staggering $100 million in today’s currency. Universal Music Group oversees the rights to Sinatra’s music, after acquiring it for $90 million after his death.
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