[27], At the time of his death, he was worth $300,000, having spent most of the $600 million he had inherited. We last spoke on our son's 18th birthday,' she revealed. The court found that Damian and Kira 'are beneficiaries of the Trusts if they are biologically born children of Settlor's child', referring to Steve Bing. At the time when Steve died, his worth was mostly gone. Find Peter Bing's phone number, address, and email on Spokeo, the leading online directory for contact information. Martin Singer, a lawyer for Bing, called Pellicano's statement regarding Hurley "an absolute lie." He won a court battle in 2019 to inherit more than $400 million from his father Steves 380 million ($525 million) inheritance. Elizabeth Hurley and American businessman Steve Bing's 17-year-old model son, Damian Hurley, has won a major victory in his legal battle against his grandfather, multi-millionaire Dr Peter Bing, over his inheritance. Peter Michael Bing (* 1955) ist ein US-amerikanischer Klassischer Philologe.. Leben. When he wasnt spending time with actresses, he liked to hang out with members of the LA bratpack at Hugh Hefners Playboy mansion, scene of some of the worst debauchery in Tinseltown. The movie earned $285 million globally and became one of the year's top box office successes. Steve Bing's estate developer grandfather left behind an astonishing fortune of $600 million which he inherited at the age of 18. Daphne has a wealth of experience in counseling and representing financial institutions, both with regard to fiduciary risk management and with regard to the administration of individual fiduciary accounts within the context of corporate oversight. Months after his suicide, new details have surfaced about film producer Steve Bing's net worth. His romantic partners were rumored to include Naomi Campbell and Sharon Stone and there are stories of him showering his dates with sapphires, diamond rings and trips around the world. She had learnt that Bing had been having a simultaneous affair with Brenda Swanson, an Armani model, and was infuriated after Bings sister Mary claimed Hurley snookered him into becoming a parent. Bings net worth is estimated to be around $525 million. Bing was an LA socialite and film producer who was often seen on red carpets and courtside at Lakers games. Bing sued MGM Studios boss Kirk Kerkorian for $1 billion, claiming he had breached his privacy by hiring a private detective to rummage through his dustbins and find the crucial dental floss. He moved into the Hotel Bel-Air one night in the early 1990s and stayed there for nine years. Leo Bing's son Peter, now 90, didn't fancy getting into the real-estate business and instead became a doctor. Peter McKinnon is a Canadian YouTuber who makes tutorial videos for photography and film enthusiasts. It is believed to be correct at the time of inputting and is presented here in good faith. Steve's father, Dr Peter Bing, was last year fighting to stop his illegitimate grandchildren - Damian and Kira - from getting their hands on the family trust. . Steve Bing was a well-known businessman, film producer, and also donor from . Liz Hurley is an English actress and model. Steve Bing was worth 473million at the time . Steve Bing was created about March 31, 1965 as Stephen Leo Bing. Other beneficiaries of his political pursuits included: the California Democratic Party ($640,172); Governor Gray Davis ($675,000); and San Francisco Mayor Gavin Newsom, whose campaign received $750 in 2004.[11]. After he was forced to admit he was Damians father, Bing said he would pay 100,000 a year into a trust for the boy. Last year, Steve Bing made headlines as his father, Dr. Peter Bing, tried to disinherit Steve's two children, Damian Hurley (his son with actress and ex Elizabeth . See FameChain's massive Trump family tree. American film producer and businessman. This net worth evaluation does not reflect any other assets that Mr. Bauer may own. The two were in a relationship from 2000 to 2001. See the Elon Musk family tree here at FameChain. Damian is Hurley's son with ex Steve Bing, who died by suicide in 2020. . He famously loved to spoil women, and wooed 35-year-old Hurley with private jets, a solid-gold Rolex, sapphire and diamond rings and all-expenses-paid trips to New York and Europe. The comments below have been moderated in advance. [2][3] He was of Jewish background. [18] Hugh Grant is Damian's godfather.[19]. Once described as a man dedicated apparently in equal measures to philanthropy, politics and women, Bing a high roller in Las Vegas patronised strip clubs where he showered the girls with $100 bills. By the evening of June 22, most of Bing's inner circle, including Bill Clinton and Mick Jagger, had heard the news: Just after 1 p.m. Bing had leaped to his death from his apartment balcony . In light of the death of Mike Warnie, Elizabeth Hurleys son from her late-19-year-old relationship with Steve Bing, he has taken to social media to mourn. Should you have information that conflicts with anything shown please make us aware by email. He also contributes heavily to environmental causes and the Democratic Party. Steve in 1965 and Mary a year later. His career started in 1981 and he was an active member of the entertainment industry until 2016, when he left the acting world. Steve inherited 0 million dollars from his grandfather when he was 18 years old, and his current net worth is estimated to be zero million dollars. [8] Bing also financed and produced the independently released Jerry Lee Lewis album Last Man Standing.[9]. The trust is set to terminate in October 2020. . He was 35 and doing well in Hollywood when he met her. www.thecalmzone.net, 0800 585 858; Heads Together, www . I didnt know she was pregnant until she showed me her stomach. Bing dropped out of Stanford University in his junior year to pursue a career in Hollywood. This is also true in New Jersey where settlors have some wiggle room. Discovering La Quinta Inns Pet-Friendly Accommodations: Tips For Finding The Perfect Pet-Friendly Stay, A Guide To Pet-Friendly Hotels In Clearwater Florida, Find Your Home Away From Home: The Pet-Friendly Regency Tower In Honolulu. Peter Kay is an English comedian, actor, and writer, known for his successful comedy television shows and sell-out stand-up tours, He has guest-starred on many additional television shows and appeared in several hit movies over the course of his career. Steve Bing inherited $600million from his grandfather in 1983 but friends say he had squandered much of his wealth by the time of his death. The Daily Mail reported that a Los Angeles judge ruled that Steve Bing and Elizabeth Hurley's son Damian Hurley, 17, and his half-sister Kira Kerkorian, the daughter of Steve and former tennis pro Lisa Bonder, are beneficiaries to their grandfather, Dr. Peter Bing's, trust. Four years later he pumped nearly $50million into a campaign to tax oil firms to fund research into alternative energy, which was rejected by California voters. 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Dr. Bing established his trust in 1980 to benefit [his] future grandchildren, who were born or adopted at a young age by Steve or Dr. Bings daughter, Mary. . . Mary Bing. In a touching tribute to his late father, Australian cricket all-rounder and television commentator Mike, Damian, Hurleys son from a previous relationship, also paid homage to his father. It is not yet clear who will inherit Steve Bing's own fortune, or whether he made a will. After Cornellius Vanderbilt's death in 1899, his son William Henry Vanderbilt took over the family business, which included the New York Central Railroad. He produced films such as Get Carter, Every Breath, and The Polar Express. Explore how the celebrity world connects. However, Steve Bing opposed his father's effort - calling it a 'massive money-grab' to deprive Kira and Damian of their inheritance. Income: Will be Updated Soon: Net Worths: $800-900K USD (as in 2020) Favourite Color: Blue: Favorite Food: Mexican Cuisine: Favourite Place: Italy: FAQ. He was also a signatory of the Giving Pledge, a commitment by Bill Gates, Warren Buffett and other ultra-rich people to give away the majority of their wealth to philanthropic causes. The 6 ft 4 in playboy bachelor, who inherited a $600 million (480 million) family fortune from his New York property developer grandfather, at one time counted Warren Beatty, Mick Jagger and Playboy founder Hugh Hefner among his friends. Bing was discovered dead at the bottom of a luxury apartment building in Century City, California, on February 14. The brothers often worked with the architect Emery Roth on buildings like The Alden, at 82nd Street and Central Park West, and the Southgate complex of apartment houses on the . He had a big heart and he was willing to do anything he could for the people and the causes he believed in. The director of the Office of Management and Budget from 2009 to 2010 and director of the Congressional Budget Office from 2007 to 2008, he . About Stephen Leo Bing. Bing was the founder of the Shangri-La business group, an organization with interests in property, construction, entertainment, and music. Ms Bonder had been married to Kerkorian who at 84 was 48 years her senior for just 28 days in 1999, later reuniting for a one-week fling during which she said she became pregnant. Steve Bing: Net Worth: $600 Million: Date of Birth: Mar 31, 1965 - Jun 22, 2020 (55 years old) Gender: Male: Height: 6 ft 3 in (1.93 m) Profession: Film Producer, Businessperson, Writer, Screenwriter: The Bings have been major benefactors of the arts, education, and healthcare. 2 Peter Bergman: Age, Parents, Siblings, Ethnicity. He's a maker and article writer, known for Kangaroo Jack port (2003), Obtain Carter (2000) and Missing doing his thing (1984). After inheriting his fortune, Bing dropped out of Stanford University in his junior year to pursue a career in Hollywood. Remember even terms that appear as clear as grandchild, need to be considered carefully when drafting a trust. Cornelius Vanderbilt II died in 1899, leaving his entire fortune to his only son, Peter Bing. Peter Bing: Mother: Helen Bing: Height: 6 feet 4 inches: Hair Color: Grey: Eye Color: Blue: Salary: Under Review: Net Worth: $590 Million: Sexual Orientation: Straight: Son: Damian Hurley: . Court papers stated that Damian (pictured right in 2018) had never even met his father. Paternity tests proved that Bing was the biological father of Hurley's son Damian and Bonder's daughter Kira Kerkorian, but neither grew up in his home. The bequests to Damian Hurley and Kira Bonder were cut out of the will, leaving each of them with $250 million. She is 54 and has an estimated net worth of $3 million. Bing offered to pay $2.9million into a trust in Damian's name, but Hurley said the money was 'not wanted or welcome' and said she would not accept a penny. After Cornellius Vanderbilts death in 1899, his son William Henry Vanderbilt took over the family business, which included the New York Central Railroad. [28], Learn how and when to remove this template message, 5 months of a 12-year sentence in North Korea, "Steve Bing, Hollywood Producer and Financier, Is Dead at 55", "$25 million gift endows overseas program, renamed in honor of Bings", "50% of New "Giving Pledge" Donors are Jewish", "Steve Bing, philanthropist and film producer, dies after fall from building", "Californians for Clean Alternative Energy", "William J. Clinton Foundation | Contributor Information", "After Clinton Trip, U.S. Studies Signals From N. Korea", "Steve Bing to Pay $200K for Clinton Korea Trip", "Dramatic claim to Bing's massive inheritance", "Liz Hurley's son finally permitted to watch godfather Hugh Grant's movie", "Billionaire Reports a Shakedown in Hollywood", "Steve Bing, Producer and 'Kangaroo Jack' Writer, Dies by Suicide at 55", "STEVE BING Writer/Producer, Liz Hurley's Ex DEAD AT 55 FROM SUICIDE", "The Tragic Last Days of Movie Mogul Steve Bing", https://en.wikipedia.org/w/index.php?title=Steve_Bing&oldid=1134281781, American people of Russian-Jewish descent, Pages containing links to subscription-only content, Articles needing additional references from June 2020, All articles needing additional references, Pages using infobox person with multiple partners, Wikipedia articles needing clarification from January 2022, Articles needing additional references from July 2020, Creative Commons Attribution-ShareAlike License 3.0, Businessman, film producer, philanthropist, This page was last edited on 17 January 2023, at 22:15. All net worths are calculated using data drawn from public sources. Steve Bing Net Worth is $12 Million Mini Biography. He had a rich background. Bing was also a signatory of the Giving Pledge, a commitment by Bill Gates, Warren Buffett and other ultra-rich people to give away the majority of their wealth to philanthropic causes. Most recently, he supported Elizabeth Warren's presidential campaign, donating some $2,800, according to the Center for Responsive Politics. He didnt have a strong relationship with his kids, and he was sad about that,' the friend said. John Ford. Dr. Peter Bing said Kira, as well as Damian, had no right to the trust as they were . Bing inherited an estimated $600 million at the age of 18. This is a very strange and confusing time and Im immensely grateful to be surrounded by my phenomenal family and friends., Bill Clinton, who received generous political donations from Bing, also paid tribute, saying: I loved Steve Bing very much. He inherited hundreds of millions of dollars when he turned 18 from his grandfather Leo Bing, a New York real estate developer. In March 2019, Peter Bing went to court to cut Damian and Kira out of a "grandchildren trust" he had established years earlier. Liz and I are as one on that, she said, adding:'It is never easy for a child to lose a parent in such a tragic manner.'. June 23, 2020. The death of millionaire socialite Steve Bing could revive a family feud over whether his two children - a son with actress Liz Hurley and a daughter with tennis player Lisa Bonder - will inherit the family wealth. The Daily Mail reported that a Los Angeles judge ruled that Steve Bing and Elizabeth Hurleys son Damian Hurley, 17, and his half-sister Kira Kerkorian, the daughter of Steve and former tennis pro Lisa Bonder, are beneficiaries to their grandfather, Dr. Peter Bings, trust. Bing's Shangri-La Industries had helped to finance the Warren Beatty movie Rules Don't Apply, which flopped at the box office and faced an $18million lawsuit in 2017, according to the Hollywood Reporter. He is a retired American physician and professor. Similarly, his father's name is Peter Bing, and he was a public health doctor. Moreover, he inherited a massive wealth of $600 Million from his grandpa and used it in his business . Peter Bing, Steve's father, attempted to cut Damian and Kira out of a trust he established to benefit his grandchildren - but ultimately lost the case, 'Steve Bing will not stand idly by as his family exploits those circumstances and tries to redirect funds from Steve Bing's children to Mary Bing's children.'. Bing was proved to be the father of Damian Hurley in 2002 by a DNA test which was ordered by a British court. 'It is a tough time for them. Further, the New Jersey Uniform Trust Code specifically allows the courts to construe terms of a trust to conform to the settlors probable intent. N.J.S.A. Peter is related to Jodean Dean Bing and Luke M Bing as well as 2 additional people. Dr Bing wrote in the affidavit:'I have never met Damian or Kira and neither of them was raised by Stephen as part of his family. Steve Bing had a net worth of just $300,000 when he died in June after inheriting $600 million from his grandfather at 18. Lisa Bonder dated Steve Bing in the latter years of . 4 Steve Bing: Early, Profession life and Career. An Overview Of The Rules And Tips For Pet Owners, Understanding The Burial Regulations For Pets In Ohio, Take Your Furry Friend On Vacation: A Comprehensive Look At The Pet Policies At Aloft Hotels, Plan A Magical Disney Vacation With Your Pet Pet-Friendly Accommodations At Disney Resorts, Exploring Pet Policies And Resources At The University Of Washington For Students Living In Housing, Bringing Your Pet To Carolina Beach: Regulations And Tips For Enjoying The Sunshine Together, Considering Keeping A Caracal As A Pet In North Carolina: Legalities And Responsibilities, Exploring Gettysburg Battlefield With Your Pet: Rules And Regulations For A Safe And Enjoyable Experience. Steve had a difficult time adjusting to the fact that he was extremely private and wanted to remain out of the public eye after our relationship ended. Recalling his early life, Steve was born in the U.S. to his parents, Helen and Peter Bing in the year 1965. He had limited success as a screenwriter and his first film was an erotic thriller, Every Breath, that went straight to video. Further, his birth sign was Aries. So far, so straightforward. Dr. Peter Bing, . At the peak of his life and career, Stephen Bing had a net worth of $600 million. . Daniel's 5th outing as Bond gets bums back on seats in the cinema. Stephen Bing Net Worth: Stephen Bing was an American heir, businessman, film producer, and donor to progressive causes. Steve Bing Net Worth: Bing had a net worth of approximately $590 million estimated in 2020 at the time of his death. A hundred billion dollars was worth a hundred billion dollars in todays money. As of 2021, Peter McKinnon's net worth is estimated to be $2.7 million. Peter R. Orszag is a former Bloomberg Opinion columnist. It included Stephen L. Bing, who gave between US$1025 million. Although Bing initially denied he was the biological father, Hurley vehemently denied that it could have been any other man. Steve Bing, 55, died two months ago, leaving his $3 billion fortune to his two estranged children: Kira Kerkorian Bing and Damian Hurley. 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Peter King's Net Worth. LIZ HURLEY has spoken out on her heartache after discovering that her son Damian Hurley has been cut out of his grandfather's 180million will following his late dad Steve Bing's tragic death. The rift between the Kerkorian and Hurley families has grown, with the Kerkorian family accusing Damian Hurley of being involved in a plot to destabilize the United States. Over the years Stephen produced dozens of movies. 2023 Celebrity Net Worth / All Rights Reserved. Our son Damian is very close to him, and he treated me very nicely. While Bing initially denied fathering the child, a DNA test confirmed his claim. However, given that he had already pledged to donate most of his estimated remaining $590 million (470 million) fortune to charity, sadness over his death is unlikely to be compounded by a battle over his money. [16] However, a DNA test established Bing as the child's father. According to the Sun, Steve Bing, whose net worth has been estimated at $590 million, dated Lisa Bonder in the 90s. She said they had become close again in the past year and that they last spoke on Damians 18th birthday in April. Turn your passion into a steady income. To Recover From a Fiduciary for Breach of Duty, the Loss Must be a Result of the Breach, https://www.dailymail.co.uk/news/article-7264981/Steve-Bing-Elizabeth-Hurleys-son-Damian-WINS-inheritance-legal-fight.html, Anthony La Ratta Appointed Chair of ABA Committee, Another Celebrity Will Contest: Tom Pettys Estate in Litigation. 87 contributions, in California Bing donated $7.8 million worth from 2000 on, according to the California secretary of state. According to the publication, they were certainly together toward the latter years of the 90s. Published: 3:24 ET, Jun 23 2020. Last year his father Dr Peter Bing tried to cut Damian and Kira from trust fund; . The firm was founded by Leo S. Bing (1874-1956) and his brother, Alexander M. Bing (1878-1959). 3B:31-32. Bing and Hurley pictured at the polo in the Hamptons in 2001, during their on-off relationship, The British actress revealed that the pair had reconnected over the last year, and had last spoke on son Damian's 18th birthday on April 4 (pictured left and right, the pair during their relationship in pictures she posted online). His sexual appetites, however, were very much in line with Hollywood tradition. Perhaps much more that we don't know about. [21][additional citation(s) needed] In a twist to the case, The New York Times reported payments of $335,000 by Bing to Pellicano between June 2000 and August 2002. The main source of his income is from his multiple careers as an American businessman and film producer. Excluding Prop. According to Celebnetworth, Steve is a producer, writer & businessman, His net worth in 2020 is $590 million at the time of his . born 1966, age 54 (approx.) A child of working parents Helen, a nurse, and Peter Bing, a doctor in public health, Stephen Bing received the wealth form his grandfather, Leo S. Bing, who had made his fortune in New York real estate in the 1920s. Stephen Leo Bing's net worth is $800-900K USD (as in 2020). Bing also donated millions to the Democratic Party and its candidates, including Hillary Clinton, John Kerry and Nancy Pelosi. Elizabeth Hurley 's son is still reportedly entitled to receive a sizable fortune from his grandfather Dr. Peter Bing's trust. Steve Bing Net Worth . Steve Bing inherited a whopping $600 million at the age of 18 from his real estate developer grandfather. 2. Bing, who had a close relationship with the actress, told People magazine that he was unaware that she was pregnant at the time. [5], Bing reportedly invested $80 million in The Polar Express, an animated film featuring the voice of Tom Hanks, which earned $285 million globally and was one of the year's box-office successes. . It's unclear if these allegations are true. I will miss him and his enthusiasm more than I can say, and I hope he has finally found peace.. Stephen Bing has an estimated net worth of $600 million. After initially challenging Hurley to prove his paternity, Bing later provided a DNA test proving his innocence. His death leaves Hurley, their two children, Damian and Kira, and his brother, Paul, as his only surviving family. According to a police report, the film producers suicide resulted in multiple blunt trauma to the head. From 1556 to 1605, the Mughal Empire ruled much of the Indian subcontinent. A Los Angeles judge ruled this week that the actress' 17-year-old son . By 2002 he was the largest donor to the Natural Resources Defense Council, contributing $10million. 1 Who is Peter Bergman? Damian has had to fight for his rightful share of the familys wealth in the courts over the years. Bing is the co-founder of the private equity firm KKR. Wiki Bio of Steve Bing net worth is updated in 2022. Updated: 5:49 ET, Jun 23 2020. Damian himself said on the loss of his father: Thank you from the bottom of my heart to everyone that has reached out following the devastating news. Night in the year 's top box office successes have information that conflicts with anything shown please us! A 'massive money-grab ' to deprive Kira and Damian of their inheritance using data drawn from public sources doctor... 2002 he was an active member of the Indian subcontinent the private equity firm KKR reflect. U.S. to his only surviving family there for nine years, called Pellicano 's statement Hurley! Us $ 1025 million million Mini Biography the movie earned $ 285 million and... As of 2021, Peter Bing, Every Breath, and his first film was American. A trust a relationship from 2000 on, according to a police report, the film suicide. In multiple blunt trauma to the publication, they were proving his innocence the courts over the years to! 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