Why Bindi Irwin & Her Family Only Inherited $130K of Steve Irwin's $15M Fortune
After his untimely passing, people were surprised to hear that his estate, estimated to be worth $15 million, per the New York Post, only left his wife, Terri, daughter Bindi, and son Robert with a little over $130,000. The relatively small amount of money, given his earnings, were from an insurance policy, per RealEstate.com.au.
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So, where did the rest of his money go? Well, most of his money was left to his passion project, the Australia Zoo. 'Everything was reinvested into conservation work,' Terri explained to the Australian Financial Review in July 2024. 'I was in debt … and Steve's life insurance, I think, was the sum total of $200,000, ($130,541 USD) which didn't even cover half of one week's payroll'.
Despite those financial challenges, Steve had 'a 10-year business plan so a strategic path existed' for the zoo, and Terri was able to carry out that vision when the property was inherited by her. In addition to the zoo's success, Bindi and Robert became celebrities in their own right, following in their dad's conservation footsteps. They've become leaders in their industry and have even taken a twirl on the Dancing With the Stars ballroom — Bindi won Season 21 and Robert will be competing this fall for the Season 34 mirror-ball trophy.
Bindi is moved by the support of their fans, who often visit the Australia Zoo in memory of Steve. 'I think that it does mean the world, because we are here with a message and a purpose, and our reasoning is to really spread that message of wildlife and conservation,' Bindi told People in May 2016. 'To have Dad's message reach so many people – that's exactly what we've always wanted, and it does mean everything.'
While the situation after his death wasn't ideal for Terri and her family, they've come through strong in the end. Per Celebrity Net Worth, Bindi and Robert are worth $5 million each, while Terri is worth $20 million. Per the Australian Financial Review, the zoo is also in the black worth earning over $24 million per year — a conservative estimate — with a land value of almost $17 million.
'I pay my bills when they come in. I'm completely debt-free,' Terri told the Australian media outlet. 'I have expanded with the [lodge and restaurant] and overall, my head's above water.'Best of SheKnows
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