The much loved Aussie icon will leave the bulk of her fortune to Chloe.
Olivia Newton-John is the most positive person in the world but the repeat cancer sufferer has been privately winding up her assets, which include massive property holdings all over the world.
The first steps towards settling her estate accelerated after her 2018 hospital stay in Melbourne, when excruciating pain in her back kept her in bed, almost comatose, and being cared for by nursing staff for more than 10 days.
CONSOLIDATING
At crisis point, Olivia, 70, had to delay her return to the US because she was physically unable to board the plane.
Although on one hand she was publicly declaring she’d beat the disease, she realised she had to face the reality of what would happen if she suddenly died with so much unresolved. This set into motion selling her beloved Ballina home and rewriting her will.
Luckily the process was smoothed by the fact that she and second husband John have always remained separate in a financial sense – and ONJ plans to leave the bulk of her $100 million-plus fortune to Chloe.
This was as much John’s decision as Olivia’s – his “Amazon John” business was booming when they first got together and he didn’t need his famous wife’s fortune.
This story is from the May 6 2019 edition of Woman's Day Australia.
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This story is from the May 6 2019 edition of Woman's Day Australia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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