Buffettnews.com (2024)

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Who inherited Jimmy Buffett's estate? ›

According to the New York Times, most of Buffett's money and property, including intellectual property and music rights, are held in a trust. When Jimmy passed, his wife, Jane, became the personal representative, distributing the estate according to his will.

In 2023, Forbes proclaimed Buffett a billionaire due to his $180-million stake in Margaritaville, an estimated $570 million from touring and recording, $140 million in planes, homes, and shares in Berkshire Hathaway (Warren Buffett's company — no relation, though they are close friends), and a $50 million music catalog ...

Anticipating the draft, he applied for Officer Candidate School, but received a medical exemption when a Navy physical diagnosed him with a peptic ulcer. Freed from military service, Buffett pursued a career as a solo act and proposed marriage to his girlfriend, Margie Washichek.

With a net worth of $1 billion, Buffett was one of the world's richest musicians. He was also a bestselling author. His devoted fans are known as "Parrotheads".

Rather than bequeathing his riches directly to his children, Buffett has set up $2 billion foundations for each of his three kids.

The funeral service for Buffett took place at Kennebunk Funeral Home in Maine on September 9, soon after his passing.

After battling skin cancer for four years before his death, "Margaritaville" singer Jimmy Buffett died on September 1, 2023, at age 76, from Merkel cell carcinoma, according to his website.

He ended up founding a restaurant chain, resorts and gated communities that nabbed the king of “cheeseburgers in paradise” an estimated $1 billion fortune by the time he passed away at age 76 in September.

Cameron Marley Buffett

Jimmy Buffett / Son

His first marriage didn't last long. He married Margie Washichek in 1969 when he was in his early 20s.

Where is Jimmy Buffett's plane? ›

In 2003, Buffett retired the aircraft from active flying service. It is now featured as an outdoor bar and seating area at Buffett's Margaritaville at Universal Orlando Resort's CityWalk in Orlando, Florida.

He was 76. Buffet was born in Mississippi and raised in Alabama but made Florida, with its ocean breezes, laid-back lifestyle and boozy afternoons, his home, both through his music and his personal life.

According to the New York Times, most of Buffett's money and property, including intellectual property and music rights, are held in a trust. His wife, Jane, is the personal representative distributing the estate according to his will, with help from his business partner and Margaritaville Holdings LLC CEO, John L.

As we remember the singer/songwriter who died from Merkel cell carcinoma on September 1, 2023, let's look back on Buffett's magnificent life through the lens of four boats that reflected and shaped it.

According to 374 Pollstar Boxoffice reports, Jimmy Buffett grossed some $460 Million and sold more than 7 million tickets dating back to 1999. His average gross over the last three years was $1.05 million and an average of 12,165 tickets per show.

Warren Buffett may be synonymous with Berkshire Hathaway, but the 93-year-old has long identified his successor. That person is Greg Abel, 61. The Canadian businessman is currently chair of Berkshire Hathaway Energy and vice chair for non-insurance operations at Berkshire Hathaway.

His fortune is largely tied to his investment company.

Berkshire's latest proxy statement shows that Buffett owns about 15.1% of Berkshire — a stake valued at over $130 billion. Berkshire Hathaway itself owns over $1 trillion in assets, Insider previously reported.