Ozzy Osbourne probably had 200 million euros: Who gets his inheritance?

Ozzy Osbourne’s death ends an era. But the “Prince of Darkness” was not just an icon of the heavy metal. He was also an extremely successful businessman for decades. Who inherits the huge assets of the rock star?

Ozzy Osbourne leaves an estimated assets of around 190 to 200 million euros, the various media, including the magazine “Hello!”. Osbourne laid the basis of his wealth with the band Black Sabbath, with which he wrote music history in the 1970s. After being thrown out in 1979, apparently due to drug and alcohol abuse, his equally successful solo career began with hits such as “Crazy Train” and “Mr. Crowley”.

There was also another business idea, the foundation of the “Ozzfest”. A music festival that took place regularly between 1996 and 2018 and is said to have brought around 73 million pounds. Osbourne became the first metal musician through Merchandise to have earned more than $ 50 million with fan articles alone.

Another mainstay came from 2002: the MTV reality series “The Osbournes”, in which Ozzy was seen together with his wife Sharon and the children Jack and Kelly. Daughter Aimee stayed in the background. The series not only brought high ratings, but also lucrative follow -up projects such as advertising deals with “I Can’t Believe It’s Not Butter” or “World of Warcraft”.

But his inheritance is not just about property and financial assets, but also about future income from Ozzy’s extensive musical heritage. His assets also include ongoing royalties from the sale of over 100 million sound carriers, license rights on the reality TV show “The Osbournes” as well as lucrative contracts in the field of merchandise and trademark rights. The impressive assessment of its total assets also includes music licenses, real estate in California and Buckinghamshire as well as various business participations, including the company “Metal Casino”.

Ozzy Osbourne was the father of six children. With his first wife Thelma Riley, he got Jessica, Louis and Elliot. Aimee, Kelly and Jack followed Sharon. At the funeral on July 30th in Birmingham, the hometown of the rocker, thousands of fans gathered. Sharon and all six children stood together together when the funeral procession passed the symbolic places such as the Black Sabbath Bridge.

But the family unit could be put to a legal rehearsal. According to Adam Jones, a family rights expert of “HD Claims”, who is at “Hello!” expressed, the distribution of the inheritance could become “complex”: “While Sharon will probably inherit at least 50 percent, six children are involved and possible disputes could delay the matter for months.”

“If Ozzy has not made any clear regulations in a will or a trust, British and US law assume that the spouse inherits the majority-but all children are entitled to,” said Jones. “In patchwork families, this often leads to arguments if not everything is waterproof.”

Just a few weeks before his death, Ozzy Osbourne had given a last, monumental concert on July 5: “Back to the Beginning”. The show in Birmingham, in which he appeared on a throne with the original line-up of Black Sabbath, was a tribute to his life’s work and with around $ 190 million donations for charity, according to “Billboard”, the most successful charity concert of all time.

The Osbourne, suffering from Parkinson, once said about his life’s performance in a radio show: “I may complain that I can no longer go, but when I look back on my life, there were people who did not do as much as I (…)”.