What happens to Liam Payne's staggering £24m fortune after sudden death without a will?
Former One Direction star Liam Payne left behind a £24.3 million (€28.5 million) fortune after his sudden death — and did so without a will in place.
Court documents reveal that his former partner Cheryl Tweedy, with whom he shares a son, Bear, has been named as one of the legal administrators of his estate. This role makes her responsible for managing Payne's money, property, and assets.
Music industry lawyer Richard Mark Bray has also been appointed to help oversee the estate, which is valued at £28.6 million (€33.6 million) gross and £24.3 million (€28.5 million) net after debts and expenses. Liam Payne. Pic: Marc Piasecki/GC Images
Payne died in October last year at the age of 31 after falling from a third-floor balcony at the Casa Sur Hotel in Buenos Aires, Argentina.
A post-mortem report confirmed his cause of death as multiple traumas and internal and external haemorrhaging.
In February, an Argentinian court dropped criminal negligence charges against three of the five people initially investigated in connection with his death.
UK laws of intestacy mean that Payne's estate will primarily pass to his immediate family – in this case, his son Bear – unless otherwise specified by the court. As administrator, Cheryl could place the assets in trust for their son. Liam Payne and Cheryl. Pic: Venturelli/WireImage
The former Girls Aloud singer, 41, was in a high-profile relationship with Payne from 2016 to 2018. Their connection dates back even further — Payne first auditioned for The X Factor in 2008 when Tweedy was a judge.
Following One Direction's hiatus, Payne released his solo debut album LP1 in 2019, featuring hits like Strip That Down with Quavo, Polaroid with Lennon Stella and Jonas Blue, and For You with Rita Ora.
At the BRIT Awards in March, Payne was honoured with a tribute video showing him with his family and reflecting on his rise from X Factor contestant to global pop star with One Direction, who collected seven BRITs before disbanding.
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