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Kobe Bryant's Wife Will Inherit His Billion-Dollar Assets In Absence Of Will, Not His Parents, Reveals Expert

Kobe Bryant's Wife Will Inherit His Billion-Dollar Assets In Absence Of Will, Not His Parents, Reveals Expert

According to the expert, "If Kobe Bryant died intestate, his parents will not be takers given that Kobe died survived by a spouse."

Source: Instagram/ Vanessa Bryant

Kobe Bryant had made his mark on the basketball court, but only a few knew that he was a brand-builder and an investor, and a successful one at that. Bryant, his 13-year-old daughter Gianna, and seven others died in a helicopter crash in Calabasas, California, on January 26. This news still hasn't sunk into his friends, family, and fans. The Los Angeles County Department of Medical Examiner-Coroner officially identified his body last week. "For 20 seasons, Kobe showed us what is possible when remarkable talent blends with absolute devotion to winning," NBA Commissioner Adam Silver said in a statement Sunday. "He was generous with the wisdom he acquired and saw it as his mission to share with future generations of players."



 

Recently, questions about Bryant's assets and investments have been popping up. CNN reported that in 2013, Bryant co-founded a venture capital firm Bryant Stibel along with Web.com founder Jeff Stibel. Bryant's firm now has more than $2 billion in assets, with investments in dozens of technology, media and data companies. Bryant was a savvy businessman who has earned around $600 million through 20 years' worth of league contracts, reports MEA WorldWide (MEAWW).



 

The question now is whether Kobe left behind a will. If he hasn't then who is to get his fortune? Kobe Bryant's relationship with his parents hadn't always been the smoothest. Apparently, there was a time when his parents tried to peddle some of his memorabilia, including two high school uniforms and a pair of Los Angeles Lakers championship rings from 2000, without his knowledge in 2013. Bryant’s mother said she planned to buy a house in Nevada with the $450,000 advance she received and Bryant made it clear that he never gave her permission to auction the items. The matter got quite serious that it had to be settled in court.



 

But, in recent times, the 41-year-old was seen in an embrace with his father at a basketball camp in California, said a family friend. However, claims to the estate and assets may go to wife Vanessa. Jo Carrillo, a professor of law at the Hastings College of Law, University of California, weighs in. She says "Anyone who dies without a valid will dies 'interstate.' In such a case, the state's intestacy law applies."



 

"In California, if the decedent is married and has children, the state intestacy statute shall distribute the decedent’s property to the spouse first. The decedent’s spouse, who takes for the children of the marriage, and other children, assuming children from a prior union, have clear priority over the decedent’s parents," she continued. "Under the state intestacy statute, if Kobe Bryant died intestate, his parents will not be takers given that Kobe died survived by a spouse. I don’t know enough about Kobe’s personal life to know if all of his children were also the children of his surviving spouse. If the children were the children he had with his surviving spouse, then the surviving spouse takes 100 percent."



 

 


 
 

Disclaimer : This is based on sources and we have been unable to verify this information independently.

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