Quincy Jones Leaves $500 Million Estate to His Seven Children
November 13, 2024Quincy Jones, the legendary producer behind icons like Michael Jackson, Frank Sinatra, and Aretha Franklin, reportedly left behind a fortune estimated at $500 million, set to be divided equally among his seven children.
Born on March 14, 1933, in Chicago, Jones‘ career spanned over seven decades and touched nearly every genre of popular music. A towering figure in the industry, he earned 28 Grammy Awards and worked as a composer, arranger, conductor, and television producer. His most iconic achievement was producing Michael Jackson‘s Thriller, the best-selling album of all time.
Jones passed away at 91 on November 3, 2024, at his Bel Air home, surrounded by family. His death was confirmed by his loved ones, who described him as “one of a kind,” whose love and joy lived on through his music.
The distribution of his estate has garnered significant attention due to his extraordinary career and business success. Sources close to the family and posts on social media platforms confirm that his seven children—Rashida Jones, Kidada Jones, Quincy Jones III, Jolie Jones Levine, Kenya Kinski-Jones, Martina Jones, and Rachel Jones—are each set to inherit around $71 million. This division reflects Jones‘ desire to provide equal treatment for his children from different relationships, demonstrating his commitment to family despite his demanding professional life.
Jones‘ personal life was as complex as his career. He was married three times and had children with several partners. His eldest child, Jolie, was born from his first marriage to Jeri Caldwell. He later had two children, Martina and Quincy III, with Ulla Andersson. His daughters Kidada and Rashida came from his marriage to actress Peggy Lipton. Jones also had two more children, Rachel with dancer Carol Reynolds, and Kenya with actress Nastassja Kinski.
The inheritance is a financial legacy and a continuation of Jones‘ artistic influence. His daughter Rashida has followed in his footsteps, making a name for herself as an actress, writer, and producer. She starred in Parks and Recreation and produced the Grammy-winning documentary Quincy, about her father’s life and career.
In addition to the wealth, Jones‘ estate includes the rights to his vast music catalog, which will continue to generate royalties, preserving his musical legacy. His ventures in television and film production, record labels, and publishing further contribute to the wealth passed down to his family.
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