Remember even terms that appear as clear as grandchild, need to be considered carefully when drafting a trust. Dr Bing wrote in the affidavit:'I have never met Damian or Kira and neither of them was raised by Stephen as part of his family. Steve Bing Net Worth Explained. Bing agreed to pay 4.9 million in annual instalments of 100,000 to Hurley as part of a court settlement of his child support obligations; however, his mother refused to accept the payments. Bing moved into LA's Hotel Bel-Air one night in the early 1990s and stayed there for nine years. On Instagram, he described his father as a true cricketing father to me. Ill miss him so much. The two were in a relationship from 2000 to 2001. Explore how the celebrity world connects. It was in 2001 that he was embroiled in two separate paternity cases, one involving model/actress Elizabeth Hurley and another with Lisa Bonder. Steve Bing claimed that his sister Mary had 'co-ordinated' with their father after she 'saw an opportunity to divert money from Steve Bing's children to her own'. 2023 Celebrity Net Worth / All Rights Reserved. In addition to his producing and film finance work, he also co-wrote both the screenplay and the story of Kangaroo Jack (2003). Steve Bing: Net Worth: $600 Million: Date of Birth: Mar 31, 1965 - Jun 22, 2020 (55 years old) Gender: Male: Height: 6 ft 3 in (1.93 m) Profession: Film Producer, Businessperson, Writer, Screenwriter: The lawsuit was settled out of court, but another paternity test showed that Bing was also the biological father of Lisa Bonder's daughter, Kira Kerkorian. He was 35 and doing well in Hollywood when he met her. Leo Bing's son Peter, now 90, didn't fancy getting into the real-estate business and instead became a doctor. Net Worth: $600 Million: Date of Birth: Mar 31, 1965 - Jun 22, 2020 (55 years old) Gender: Male: Height: 6 ft 3 in (1.93 m) Profession: Film Producer, Businessperson, Writer, Screenwriter 1 Who is Peter Bergman? The 6 ft 4 in playboy bachelor, who inherited a $600 million (480 million) family fortune from his New York property developer grandfather, at one time counted Warren Beatty, Mick Jagger and Playboy founder Hugh Hefner among his friends. According to excerpts of recorded calls, Pellicano bragged to Kerkorian's lawyer in April and May 2002 that he was "working for" and "consulting for" Bing in matters related to Elizabeth Hurley and her son's disputed paternity, which was then in the news. Bing attended the Harvard-Westlake School in Los Angeles. Peter Reckell Net Worth. 'In the past year we had become close again. Los Angeles judge Daniel Juarez found in Steve Bing's favor last year, rejecting his father's attempt to redefine the term 'grandchild'. Damian is Hurley's son with ex Steve Bing, who died by suicide in 2020. . . Bing's father, Peter, a doctor who worked for John F. Kennedy and Lyndon Johnson before turning full-time to philanthropy, and his mother, Helen, a nurse, have donated mightily, including a $50 . He personally invested $100 million for the $200 million budget of The Polar Express, an animated film featuring the voice of Tom Hanks. Excluding Prop. On the night of the disputed 2000 presidential election, Bing immediately committed $200,000 to Al Gore's doomed recount effort. Martin Singer, a lawyer for Bing, called Pellicano's statement regarding Hurley "an absolute lie." READ THIS NEXT: Northernlion Net Worth. 4.1 Lifetime Achievements and Awards. But when he died by taking his own life, mostly all his fortune was gone. Damian's grandfather tried to keep him away from his family trust money because he was born out of wedlock. Lisa Bonder is a retired tennis player, who best knwon as ex-wife of Kirk Kerkorian. Damian has had to fight for his rightful share of the familys wealth in the courts over the years. 'To the best of my knowledge, Stephen has never met Damian and Stephen only met Kira after she became an adult. Moreover, Damian's grandfather real estate agent Dr. Peter Bing tired to prevent Hurley and his half-sister Kira Kerkorian, from accessing . My thoughts are with his family at this difficult time. If you or someone you know is having suicidal thoughts, please call the National Suicide Prevention Lifeline at 1-800-273-TALK (8255) or text HOME to . The problems began when Peter's son, Steve, inherited a . In Re Estate of Nelson, a 2018 New Jersey case, considered a similar issue and determined that courts may look beyond the apparent plain language in a trust to determine the settlors probable intent. Liz and I are as one on that, she said, adding:'It is never easy for a child to lose a parent in such a tragic manner.'. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. As friends said that Bing had suffered from depression and had struggled to cope with the lack of human contact in recent months, Hurley revealed yesterday that Bing had recently got in touch with her after years of silence. He also produced the Martin Scorsese-helmed Rolling Stones documentary Shine a Light. Damian Hurley's net worth explored. [23], In April 2012, Bing committed to join The Giving Pledge, set up by Bill Gates and Warren Buffett, willingly donating the majority of his wealth to charity. Her first ex-husband name was Tom Kreiss. 'I spoke to Elizabeth last night and we are going to address this tragedy for Steve's two children and try to protect them in any way possible, we will do everything in our power and make sure they are supported,' Bonder told The Sun. Instead, Bing pulled a crumpled blank cheque out of his back pocket and filled it out for $1 million before handing it over. 'He would often disappear for long periods of time. Multi-millionaire film-maker Steve Bing had to take a DNA test before he would admit he had fathered a child with Liz Hurley, and he spent a lifetime keeping the many women in his life at arms length. While Bing reportedly inherited $600 million from his grandfather when he turned 18, it looks like . John Ford. ', Liz Hurley posted a tribute to Bing on Instagram as news of his suicide spread, saying she was 'saddened beyond belief' while describing him as 'a sweet, kind man', Damian Hurley, Bing's son, uploaded his own Instagram post - describing the news as 'devastating' and adding: 'This is a very strange and confusing time and I'm immensely grateful to be surrounded by my phenomenal friends and family'. [20] According to an FBI summary, Pellicano sometimes played Hollywood clients against each other, at one point asking financier (and Bing friend) Ron Burkle for a $100,000 to $250,000 shakedown in order not to be investigated by Michael Ovitz, another Pellicano client. Daphne focuses her practice in the areas of estate and trust administration and estate and tax planning. Steve Bing was created about March 31, 1965 as Stephen Leo Bing. It's a little convoluted, so bear with me. His trust was established in 1980 to benefit future grandchildren Steve or Mary Bing, Peter Bings children who were born or adopted by him. He financed and produced the independently released Jerry Lee Lewis album and Last Man Standing. 3 Steve Bing: Birth Facts, Parents, Education, Ethnicity. He had a reputation as a prodigious womaniser whose girlfriends included Playboy Playmates, model Naomi Campbell and film stars including Uma Thurman, Sharon Stone and Farrah Fawcett. He is an heir, film producer, and businessman. After his fathers death, his son expressed his gratitude to his followers for their overwhelming kindness. Apart from his net worth, Damian's father Steve Bing's wealth is $600 Million as of 2019. Similarly, his father's name is Peter Bing, and he was a public health doctor. 4 Peter Bergman: Salary, Net worth. In July 2019, an LA judge agreed and ruled that Peter had unreasonably distorted the meaning of grandchild. Acutely sensitive about his wealth, he preferred to donate from the shadows. In October 2008, Bing pledged to match donations made to the NO[clarification needed] on Proposition 8 campaign from October 17 to October 19. I didnt know she was pregnant until she showed me her stomach. Peter had set up a trust in 1980 so he could leave his "future grandchildren" the family fortune but in March last year tried to redefine the meaning of grandchildren in the documents. He produced films such as Get Carter, Every Breath, and The Polar Express. She has been associated with the fashion industry since the early 1980s, and has appeared in many advertising campaigns and fashion shows. Bing's father says that Steve only met Kira after she became an adult, Liz Hurley and her son Damian are pictured in 2018 at the opening of the Dinosaurs in the Wild attraction in Greenwich, London. He had limited success as a screenwriter and his first film was an erotic thriller, Every Breath, that went straight to video. Peter R. Orszag is a former Bloomberg Opinion columnist. If youre looking for a skincare product that will help you look and feel your best, look no further than Este Lauder Advanced Night Repair Serum. 'He has gone through a dark time for years. In the early 1990s he checked into the Hotel Bel-Air in Los Angeles - and stayed there for nine years, reportedly running up millions of dollars in bills and room service. This is a very strange and confusing time and Im immensely grateful to be surrounded by my phenomenal family and friends., Bill Clinton, who received generous political donations from Bing, also paid tribute, saying: I loved Steve Bing very much. Stephen Bing Net Worth: Stephen Bing was an American heir, businessman, film producer, and donor to progressive causes. Should you have information that conflicts with anything shown please make us aware by email. This week, Hurley wrote on Instagram: Our time together was very happy and although we went through some tough times, its the good, wonderful memories of a sweet, kind man that matter., Ms Hurley said that the pair (pictured at Elton John's post-Oscar party in 2000) had 'good and wonderful' memories together as a couple. What is Peter Bauer's net worth? Stephen Bing is the founder of the Shangri-La business group, a business with interests in construction, property management, music, and entertainment. Bing sued MGM Studios boss Kirk Kerkorian for $1 billion, claiming he had breached his privacy by hiring a private detective to rummage through his dustbins and find the crucial dental floss. Elizabeth Hurley 's son is still reportedly entitled to receive a sizable fortune from his grandfather Dr. Peter Bing's trust. The trust is set to terminate in October 2020. It included Stephen L. Bing, who gave between US$1025 million. All of the grandchildren are set to inherit several millions of dollars from the trust. The film had a budget of $25million but brought in only $3.9million in worldwide revenue. This proved that Bing had sired a daughter, Kira, by Kerkorians wife, the former tennis player Lisa Bonder. As of January 2023, Peter Kay's net worth is estimated to be $70 Million. He did even more to earn his ugly nickname of The Sperminator when he was at the centre of another bombshell paternity case in 2002. Bing inherited $600 million from his real-estate developer grandfather at 18. He's a maker and article writer, known for Kangaroo Jack port (2003), Obtain Carter (2000) and Missing doing his thing (1984). Children Together. What Happens to the Ring When the Groom Dies Before He Weds? Bing was a longtime friend of Bill and Hillary Clinton. Steve Bing, a real estate heir who became a Hollywood producer and film financier, died on Monday in Los Angeles after jumping from the balcony of his 27th-floor apartment. His mother was a nurse and his father was a doctor in public health. He inherited hundreds of millions of dollars when he turned 18 from his grandfather Leo Bing, a New York real estate developer. She had learnt that Bing had been having a simultaneous affair with Brenda Swanson, an Armani model, and was infuriated after Bings sister Mary claimed Hurley snookered him into becoming a parent. He had a big heart and he was willing to do anything he could for the people and the causes he believed in. Donald asks the courts to let him tweet. . He gained widespread notoriety after having a child with actress Elizabeth Hurley. Elizabeth Hurley and American businessman Steve Bing's 17-year-old model son, Damian Hurley, has won a major victory in his legal battle against his grandfather, multi-millionaire Dr Peter Bing, over his inheritance. [13] Former President Bill Clinton was instrumental in their return and accompanied the reporters back to the United States. STEVE BING was heartbroken over the drug death of his 28-year-old girlfriend before he took his own life, it has been reported. Months after his suicide, new details have surfaced about film producer Steve Bing's net worth. Helen is the widow of late real estate developer Leo S. Bing, and Peter is their only child. After Cornellius Vanderbilt's death in 1899, his son William Henry Vanderbilt took over the family business, which included the New York Central Railroad. The firm was founded by Leo S. Bing (1874-1956) and his brother, Alexander M. Bing (1878-1959). The Clinton Foundation set up by the former president lists Bing as a donor in the range of $10million to $25million. [10] Bing also supported several key races in other parts of the country as Democrats fought to win back control of Congress. Bonder and Kerkorian were married for a month in 1999 after previously having a 10-year relationship. Bonder said she and Kira had forged stronger bonds with Bing in the two years leading up to his death. If you like this article, don't forget to check out . The result of the court-ordered DNA test was final. The fatal fall of religion: Rise in middle-aged white 'deaths of despair' - such as suicide and alcohol abuse - may be fueled by declining faith, report argues, Do me a solid, Zuckerberg! Early life. 'It would be unjust for Steve Bing's children to be denied their rightful share of the Trusts' proceeds just because of the life choices their parents made,' his lawyers said. He issued a press release saying they hadnt been in an exclusive relationship and that it was her choice to be a single mother. Elizabeth Hurleys anti-aging secret was made public. After their relationship ended in 2002, the actor gave birth to his son, Damian Charles. Stephen Bing has an estimated net worth of $600 million. Peter Kay is an English comedian, actor, and writer, known for his successful comedy television shows and sell-out stand-up tours, He has guest-starred on many additional television shows and appeared in several hit movies over the course of his career. 5 Is Peter Bergman involved in any rumors and controversies? Court papers stated that Damian (pictured right in 2018) had never even met his father. He won a court battle in 2019 to inherit more than $400 million from his father Steves 380 million ($525 million) inheritance. Calling his death a 'terrible end', she said she had 'good, wonderful memories of a sweet, kind man' despite the 'tough times' in their relationship. Insiders share how the late film producer burned $590 million before his tragic suicide. He was the founder of Shangri-La Entertainment, an organization with interests in property, construction, entertainment and music. The film, Rules Don't Apply, had a budget of $25million but brought in only $3.9million in worldwide revenue. [17] Hurley gave birth to Damian Charles Hurley on April 4, 2002, whom Bing never met. He was . His other sources of income were royalties from his production . Father of Liz Hurley's son. Mr. Bauer owns 50,000 shares of Mimecast stock worth more than $3,996,000 as of January 12th. Bing admitted in court papers that he was unaware of Damians existence until the child was born. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This field is for validation purposes and should be left unchanged. Pellicano was sentenced to 15 years in prison and ordered, with Terry N. Christensen, to forfeit $2 million. 4 Steve Bing: Early, Profession life and Career. Bing offered to pay $2.9million into a trust in Damian's name, but Hurley said the money was 'not wanted or welcome' and said she would not accept a penny. 5 Salary and Net Worth. The Daily Mail reported that a Los Angeles judge ruled that Steve Bing and Elizabeth Hurleys son Damian Hurley, 17, and his half-sister Kira Kerkorian, the daughter of Steve and former tennis pro Lisa Bonder, are beneficiaries to their grandfather, Dr. Peter Bings, trust. Mar 2012 - Present10 years 5 months. Bing was also a signatory of the Giving Pledge, a commitment by Bill Gates, Warren Buffett and other ultra-rich people to give away the majority of their wealth to philanthropic causes. Liz Hurley (right) sent a message of sorrow after millionaire former flame Steve Bing (left) fell to his death on Monday, With reports claiming that he was suffering with depression, Bing plunged to his death from the 27th floor of his Los Angeles apartment block (pictured) on Monday. born 1966, age 54 (approx.) While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. by Peter Bing Publication Date: 1998 Publication Name: English-language version of "La Culture Littraire d'Alexandrie au IIIe sicle avant J.-C.", catalogue essay for the exhibition, La Gloire d'Alexandrie, Muse du Petit Palais, Paris (1998) 133-135 . Elizabeth Hurley claims to have kept her youth for nearly two decades by using Este Lauder Advanced Night Repair Serum. Steve Bing has been in the news in recent years due to issues with Damians father. Peter, a doctor, claimed Damian was not entitled to inherit money as he had been born out of wedlock and brought up by Hurley rather than Bing. The friend said: 'People imagine it is impossible to run through $600 million, but he did.'. The movie earned $285 million globally and became one of the year's top box office successes.
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