What happens to Liam Payne's $50 million fortune, properties

News.com.au

14-05-2025

Liam Payne's estate has been revealed after the pop star died without writing a will, leaving behind a fortune of £24.3 million ($A50.21 million).
The former One Direction singer died in October at the age of 31 after falling from a third-floor balcony at a hotel in Buenos Aires, Argentina.
The musician had been living in Florida with his girlfriend, Kate Cassidy, in the months leading up to his death, having relocated to a rented property in Wellington just a few weeks before his death, Realtor reports.
According to BBC, Payne's ex-partner, Cheryl Tweedy, with whom he shared a son, Bear, 8, has been appointed as one of two administrators of his estate, alongside music industry lawyer Richard Bray.
According to the outlet, official records indicate that Payne left behind 'money, property, and possessions' that are worth more than £24.3 million, all of which will now be managed by Tweedy and Bray, although they have limited authority and are not able to distribute any of the funds.
Traditionally, if a person dies without a will — and they were not survived by a living spouse or civil partner — their fortune passes directly to their living children, although it is unclear whether the entirety of Payne's wealth will be inherited by his son.
Payne never married, although Cassidy, whom he began dating in 2022, previously stated that they had planned to wed, explaining in an Instagram post that Payne gave her a note before he died in which he made clear his intention to propose.
'Me and Kate to marry within a year/engaged & together forever 444,' she said the note read.
According to an unnamed friend of the pop star, Payne had made arrangements to ensure that the bulk of his money would pass to his son.
One insider told the Daily Mail: 'Liam had some very sensible people around him for a time and he adored Bear so much.
'He always wanted to do the right thing by him financially. It is a small consolation that Bear will never want for anything, that he will at least benefit from that.'
Among Payne's vast fortune is a six-bedroom mansion in Buckinghamshire, just outside of London, which the singer is understood to have put on the market just a few weeks before his death.
Per the Daily Mail, it's thought that the dwelling, which is known as Foxwood, may have found a buyer, because his estate had a limited Ad Colligenda Bona grant, which is typically put in place in order to allow for the sale of property.
Payne purchased the sprawling mansion in 2021 in order to be closer to his son, who was living primarily with his mother.
It is not known exactly how much Payne paid for the home; however, it was initially listed with a 'guide price' of $5.5 million.
The home offered plenty of privacy, with the listing details describing it as being 'set back from' the nearest road and surrounded by stunning grounds, which included a private natural pond.
'The house offers light-filled and spacious accommodation with tasteful decor throughout,' the description reads.
'Upon entering the property, you are greeted by a large entrance hall with a cloakroom/shower room and stairs leading to the first floor.
'The drawing room features a triple aspect with French doors opening to the garden and an impressive gas fireplace.
'The family room has bi-folding doors to the hall, allowing it to be separated or integrated for entertaining.
'The kitchen/breakfast room is beautifully appointed with hand-painted units, granite countertops, opening to a stunning orangery with lovely garden views.'
In addition to that property, Payne was also renting a home in Florida, which he shared with Cassidy, and which was recently put back on the rental market for $US9,000 ($A14,000) a month.
The property features five bedrooms and 4.5 bathrooms and is located in a prominent gated community that boasts a number of different amenities for residents, including shopping facilities and equestrian centres.