Is 275 Million Enough?
Posted: Mon Jul 07, 2025 3:48 pm
Jimmy Buffett left a $275 million estate when he passed away in 2023.
In his Will, he provided for a marital trust with his wife (Jane Buffett) as income-beneficiary & his children as remainder-asset-beneficiaries (Savannah, Delaney and Cameron). He designated his wife and his business manager/financial advisor (Richard Mozenter) as co-trustees. Now, co-trustees are fighting accusing each other of noncooperation and not sharing financial information.
Mr Forbes believes that , if you knock off the fancy coffees at Starbucks, you should be able to scrape by on 275 million.
Thoughts?
In his Will, he provided for a marital trust with his wife (Jane Buffett) as income-beneficiary & his children as remainder-asset-beneficiaries (Savannah, Delaney and Cameron). He designated his wife and his business manager/financial advisor (Richard Mozenter) as co-trustees. Now, co-trustees are fighting accusing each other of noncooperation and not sharing financial information.
Mr Forbes believes that , if you knock off the fancy coffees at Starbucks, you should be able to scrape by on 275 million.
Thoughts?