How Did Yoko Ono And John Lennon’s First-Born Son Battle Over His Fortune? See Who Inherited His Money And Estate
One of the most influential bands of all time, The Beatles changed the direction of the music industry with the unique works of each member, particularly John Lennon. Even after the tragic death of Lennon, his legacy both as a musician and a political activist continued to influence millions of people around the world.
The Beatles was founded in 1957 by John Lennon as a skiffle group named the Quarrymen, who later hired Paul McCartney as a rhythm guitarist. They later recruited Paul’s friend George Harrison even though initially John had doubts about hiring him. The drummer Ringo Starr joined them in 1962 after they dismissed Pete Best. At the beginning of the 1960s, the band released their first hit song, ‘Love Me Do,’ which was followed by their debut studio album, ‘Please Please Me.’
They released their ninth album, ‘Sgt. Pepper’s Lonely Hearts Club Band,’ which was considered the greatest album of all time. However, around the 1970s, one of the greatest bands of all time, The Beatles’ career as a band came to an end following some disagreements among the band members. The popular opinion about the band’s breakup was about John Lennon’s wife Yoko Ono played a role in the decision since she and John got married a while before the breakup.
After he focused on his solo career and projects with Yoko, Lennon passed away at the age of 40 after he got shot four times at close range by Mark David Chapman on December 8, 1980. Following his tragic death, John’s will created some disputes between his widow Yoko Ono, their son Sean Lennon, and his first-born son Julian.
John Lennon Net Worth $200 Million
The founder, co-lead vocalist, and rhythm guitarist of The Beatles, John Lennon had a net worth of $200 million at the time of his death, which worth around $600 million in today’s dollars. Lennon’s fortune tripled even after his death mainly coming from his royalties, merchandise, licensing fees, and more.
Who Inherited John Lennon’s Money And Estate?
The multitalented musician had his first marriage with Cynthia Powell with whom he had a son named Julian. After their divorce in 1968, Cynthia received the custody of their child along with $240,000.
John Lennon met the love of his life, Yoko Ono, while he was still married to his first wife. Yoko got pregnant and miscarried a male child only a couple of weeks before John and Cynthia divorced. Lennon and Ono got married on March 20, 1969, and spent their honeymoon doing Bed-Ins For Peace to protest the Vietnam war. The couple had a son named Sean Lennon after Ono suffered three miscarriages in her attempt to have a child.
After his death, John left Yoko Ono as his primary heir which led her to have a net worth of $700 million today. On the other hand, his first-born son, Julian Lennon, was excluded from his father’s will.
Did Yoko Ono And Lennon’s First-Born Son Battle Over His Fortune?
John Lennon’s will created some tension between his children and his widow Yoko Ono since he preferred to leave his son, Julian, out of it. Julian was only receiving £2,400 a year in maintenance from the divorce settlement between his parents. He also inherited £50,000 from the trust found his father created after he was born.
Even though Julian initially stated he didn’t want to take this to court, he later went into a court battle to receive some more money from the estate. According to official reports, Julian actually won the case and gained around £20 million from his father’s fortune. However, Yoko and her son Sean are still receiving the majority of funds from Lennon’s fortune.