New York magnate leaves $12m to her dog

'Queen of Mean' Leona Helmsley bequeaths more money to her pet dog than to family members.

Leona Helmsley, known as the Queen of Mean in her native New York, has left a massive $12 million inheritance to her pet dog.

The hotel and property tycoon, who died last week at the age of 87, bequeathed more money to her beloved white Maltese dog, Trouble, than to family members.

Mrs Helmsley amassed a fortune estimated at between $4-8 billion through the Helmsley hotel chain and a portfolio of property that included part of the Empire State Building.

She was dubbed the Queen of Mean in 1989 when she was imprisoned for tax evasion after declaring "only the little people pay taxes".

The majority of her fortune will go to a charity that was established by her late husband and herself.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
Accounting meets religion in challenge for Islamic banks

Accounting meets religion in challenge for Islamic banks

Reconciling accounting standards and religious principles is...

Banking on reforms in Kuwait

Banking on reforms in Kuwait

As Kuwait stares down its first deficit in 20 years, the Gulf...

Saudis face dilemma between size and pricing in debut bond sale

Saudis face dilemma between size and pricing in debut bond sale

Riyadh is under pressure to maximise the size of its international...

Most Discussed
sponsoredTracking