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Jimmy Buffett's $275 Million Estate Sparks Sprawling Margaritaville Legal Battle
Jimmy Buffett's $275 Million Estate Sparks Sprawling Margaritaville Legal Battle

Yahoo

time2 hours ago

  • Business
  • Yahoo

Jimmy Buffett's $275 Million Estate Sparks Sprawling Margaritaville Legal Battle

A legal battle has broken over Jimmy Buffets $275 million estate, with his wife and accountant initiating proceedings for control of the trust. In a petition filed in Los Angeles Superior Court on Tuesday, Jane Buffett points to an 'unsolvable rift' with Rick Mozenter, the co-trustee of her husband's estate allegedly acting against her best interests. She accuses Mozenter of mismanaging the trust, which is paying her roughly $2 million annually at a rate of return of less than one percent. Based on the estimate, Mozenter told the late singer's wife to 'consider adjustments' to her lifestyle or sell her own assets to make up the difference, the lawsuit says. More from The Hollywood Reporter Jessie J Reveals Early Breast Cancer Diagnosis Aging CEOs, Ambitious Nepo Babies and a Tech Revolution: Succession in the Music Biz Cynthia Erivo to Discuss the Making and Meaning of Her Second Studio Album, 'I Forgive You,' In TalkShopLive Show The relationship collapsed last month, with Jane Buffett telling Mozenter that she'd sue unless he resigned by Monday. Mozenter, in turn, filed a petition in Florida state court over the weekend to remove her as co-trustee and personal representative of the estate. Jimmy Buffett died in 2023 following a four-year battle with Merkel cell skin cancer. After initially pursuing a career as a country singer, he found success in the early '70s when he scored his first record contract and later adopted the laid-back beach-bum persona he's most recognized for today. Mainstream attention followed the release of his sixth album, which included hit track 'Margaritaville,' which spawned a sprawling hospitality company partially owned by the trust. When Jimmy Buffett died, most of his assets were held in or transferred to a trust for his wife. A month later, Jane Buffett asked Mozenter how much money he expected her to receive but was allegedly stonewalled for over a year, the lawsuit alleges. She ultimately hired her own counsel to press for the information. When Mozenter responded earlier this year, Jane Buffett was told that the trust's $275 million in assets would net her less than $2 million anually, she says. Mozenter allegedly acknowledged that Margaritaville, which the trust owns 20 percent of, had paid out roughly $14 million over the prior 18 months but that he decided against including any estimate of future distributions from the company in his analysis of future income. Margaritaville 'continues to evaluate future business opporutnities and how they deploy existing liquid assets,' Mozenter told Jane Buffett, according to the complaint. If the estimates are correct, the lawsuit claims that Mozenter, whose firm is paid $1.7 million annually to oversee the trust, is 'either not competent to administer the trust or unwilling to act in Mrs. Buffett's best interests.' Also at issue: Mozenter pushing Jane Buffett to approve his request that Jeffrey Smith be retained as counsel for cotrustees. She takes issue with Smith accusing her of breaching her fiduciary duty to the trust by suggesting that it rely on Irvin Azoff, Jimmy Buffett's longtime music manager, to negotiate an agreement with a production company over a planned documentary about the singer. The tipping point came when his firm sent her a voluminous draft of the estate's tax returns and asked her to provide any comments within three days, the lawsuit alleges. Smith, who has since resigned as counsel for the trust, allegedly later threatened to investigate her for defaming Mozenter. Additionally, the petition targets Mozenter transferring property that allegedly should've been left to Jane Buffett personally to the estate. This includes properties in New York, Florida and St. Barthélemy island. Mozenter didn't immediately respond to requests for comment. Best of The Hollywood Reporter How the Warner Brothers Got Their Film Business Started Meet the World Builders: Hollywood's Top Physical Production Executives of 2023 Men in Blazers, Hollywood's Favorite Soccer Podcast, Aims for a Global Empire

Jessie J Reveals Early Breast Cancer Diagnosis
Jessie J Reveals Early Breast Cancer Diagnosis

Yahoo

time5 hours ago

  • Entertainment
  • Yahoo

Jessie J Reveals Early Breast Cancer Diagnosis

Jessie J has revealed that she's been diagnosed with 'early breast cancer.' The 'Price Tag' singer shared the news in a Tuesday Instagram post where she said she received the diagnosis before releasing her new single 'No Secrets' from her upcoming sixth studio album. More from The Hollywood Reporter Aging CEOs, Ambitious Nepo Babies and a Tech Revolution: Succession in the Music Biz Cynthia Erivo to Discuss the Making and Meaning of Her Second Studio Album, 'I Forgive You,' In TalkShopLive Show Billy Joel Tells Howard Stern: "I'm Not Dying" 'Before 'No Secrets' came out, I was diagnosed with early breast cancer,' she said. 'I'm highlighting the word 'early.' Cancer sucks in any form, but I'm holding on to the word early.' View this post on Instagram A post shared by Jessie J (@jessiej) The Grammy nominee added that she 'just wanted to be open and share it' partly 'because selfishly I do not talk about it enough, I'm not processing it because I'm working so hard.' Jessie J also noted that she wanted to open up about the health diagnosis because 'I also know how much sharing in the past has helped me with other people giving me their love and support and also their own stories.' She continued, 'And I know the press are going to say crazy stuff but you know what, to get diagnosed with this as I'm putting out a song called 'No Secrets' right before a song called 'Living My Best Life,' which was all pre-planned before I found out about this,' she said, before adding, 'I mean you can't make it up.' The English singer rose to prominence in the early-to-mid 2010s with hit tracks including 'Domino' and 'Bang Bang,' which she collaborated with Ariana Grande and Nicki Minaj on the latter track, too, which earned Jessie J her sole Grammy nomination. Best of The Hollywood Reporter Most Anticipated Concert Tours of 2025: Beyoncé, Billie Eilish, Kendrick Lamar & SZA, Sabrina Carpenter and More Hollywood's Most Notable Deaths of 2025 Hollywood's Highest-Profile Harris Endorsements: Taylor Swift, George Clooney, Bruce Springsteen and More

Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album
Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album

Yahoo

time12 hours ago

  • Entertainment
  • Yahoo

Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album

NEW YORK (AP) — It began as it always should, with her voice. The second solo album from Cynthia Erivo, fresh off a herculean press run with the success of the first 'Wicked' film, was always meant to be 'vocal-focused,' she told The Associated Press recently. It may be the understatement of a lifetime: to know her is to know her instrument — that range, the notes few else can hit but many attempt. And Erivo's new soulful album, the evocatively titled 'I Forgive You," hits the mark. In the studio, that meant using her vocals 'as the pads, as the stacking,' like an artist might with a guitar or piano. 'The meat of each of the pieces that you listen to is the voice,' she says, 'So that you can hear the lyrics, you can hear the song, you can hear the emotion in it,' she explains. The other instruments, too, were performed live. "Everything you hear in there is real and tangible.' For that reason — and other expressions of autonomy take across the album — she says it felt like her first. For the listener, it evokes a real feeling of intimacy. Erivo spoke to the AP about 'I Forgive You,' life after 'Wicked" and the forthcoming 'Wicked: For Good,' and the ways in which acting, singing and writing inform one another. This interview has been edited for length and clarity. AP: The title is 'I Forgive You.' What's the significance? ERIVO: This album is a collection of stories and songs that are both personal for things that are happening now, things that have happened in the past, and I think some of which I have had to forgive people for. And honestly, some of which I've had to forgive myself for. And I loved the idea of calling it this title, because it's a simple concept, but not an easy one. And not one that we as humans are very good at, often. A part of me was feeling, like, 'Wouldn't it be wonderful if people had to keep repeating the words, 'I forgive you?'' So even if you're finding it difficult to say this album will give you the permission to actually say the words, even if you're not quite ready. AP: There's a lot of candor on the album. Like in the song 'Replay.' ERIVO: The concept of being a work in progress — who still gets scared of things, who still has to deal with things — that won't ever necessarily stop. It might get quiet, but that feeling doesn't necessarily always go away. I just wanted to be honest, and I think that 'Replay' was probably the first song that I put out was because I felt like it was sort of a reintroduction to the inner part of me that most people might not really know. But it's also a tricky song in that it's fun, it's kind of upbeat, and if you actually listen, you hear that there's like a person who's a little bit fragile, a person whose trying to figure some things out, a person who's been through some things, who's dealt with things, who has abandonment issues, who has fear, who an inferiority complex sometimes, who wants to help everyone, who wants to save everyone, but gets it wrong. Those are human, human things that I want to share. AP: So, there was no apprehension in being so forthright? ERIVO: No apprehension about writing it, a little apprehension about sharing it, because it's honest. But once it's done, what can you do? It's time to share. AP: Writing, singing, acting — how does one inform the other? ERIVO: They feed each other. When I sing, I feel free and I feel open, which means that when I go and act — because I've given myself that experience — the want to close off again sort of goes away. So, when I'm on a set, I'm as open as I am when I am singing. I'm waiting to receive whatever I'm getting from my counterpart or whoever's opposite me so I can actually listen. Because the act of writing and singing actually is also the act of listening. AP: You've long been a powerhouse in theater. 'Wicked' has launched you to the heights of mainstream culture. What's the biggest adjustment you've had to make? ERIVO: I had a sort of level of anonymity that I think I got used to and I really kind of enjoyed. That isn't necessarily there anymore, which is still really lovely because people are kind and sweet, and I'm really grateful for it. But that's an adjustment, to realize that you can't just walk into a store and no one will know who you are, or you can't get on a plane, and no one will there you are. That's a new thing that I didn't expect or wasn't seeking. AP: Are you done shooting 'Wicked"? ERIVO: We have a couple pickups and then we're done. AP: Is there anything else you'd like to add about the album? ERIVO: I'm so proud of it. We spent a lot of time on it. We worked really, really hard on it. There was no stone unturned on it because I love what I do, and I love music, and I loved making it. So just know that this was made with a lot of love.

Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album
Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album

San Francisco Chronicle​

time12 hours ago

  • Entertainment
  • San Francisco Chronicle​

Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album

NEW YORK (AP) — It began as it always should, with her voice. The second solo album from Cynthia Erivo, fresh off a herculean press run with the success of the first 'Wicked' film, was always meant to be 'vocal-focused,' she told The Associated Press recently. It may be the understatement of a lifetime: to know her is to know her instrument — that range, the notes few else can hit but many attempt. And Erivo's new soulful album, the evocatively titled 'I Forgive You," hits the mark. In the studio, that meant using her vocals 'as the pads, as the stacking,' like an artist might with a guitar or piano. 'The meat of each of the pieces that you listen to is the voice,' she says, 'So that you can hear the lyrics, you can hear the song, you can hear the emotion in it,' she explains. The other instruments, too, were performed live. "Everything you hear in there is real and tangible.' For that reason — and other expressions of autonomy take across the album — she says it felt like her first. For the listener, it evokes a real feeling of intimacy. Erivo spoke to the AP about 'I Forgive You,' life after 'Wicked" and the forthcoming 'Wicked: For Good,' and the ways in which acting, singing and writing inform one another. This interview has been edited for length and clarity. AP: The title is 'I Forgive You.' What's the significance? ERIVO: This album is a collection of stories and songs that are both personal for things that are happening now, things that have happened in the past, and I think some of which I have had to forgive people for. And honestly, some of which I've had to forgive myself for. And I loved the idea of calling it this title, because it's a simple concept, but not an easy one. And not one that we as humans are very good at, often. A part of me was feeling, like, 'Wouldn't it be wonderful if people had to keep repeating the words, 'I forgive you?'' So even if you're finding it difficult to say this album will give you the permission to actually say the words, even if you're not quite ready. AP: There's a lot of candor on the album. Like in the song 'Replay.' ERIVO: The concept of being a work in progress — who still gets scared of things, who still has to deal with things — that won't ever necessarily stop. It might get quiet, but that feeling doesn't necessarily always go away. I just wanted to be honest, and I think that 'Replay' was probably the first song that I put out was because I felt like it was sort of a reintroduction to the inner part of me that most people might not really know. But it's also a tricky song in that it's fun, it's kind of upbeat, and if you actually listen, you hear that there's like a person who's a little bit fragile, a person whose trying to figure some things out, a person who's been through some things, who's dealt with things, who has abandonment issues, who has fear, who an inferiority complex sometimes, who wants to help everyone, who wants to save everyone, but gets it wrong. Those are human, human things that I want to share. AP: So, there was no apprehension in being so forthright? ERIVO: No apprehension about writing it, a little apprehension about sharing it, because it's honest. But once it's done, what can you do? It's time to share. AP: Writing, singing, acting — how does one inform the other? ERIVO: They feed each other. When I sing, I feel free and I feel open, which means that when I go and act — because I've given myself that experience — the want to close off again sort of goes away. So, when I'm on a set, I'm as open as I am when I am singing. I'm waiting to receive whatever I'm getting from my counterpart or whoever's opposite me so I can actually listen. Because the act of writing and singing actually is also the act of listening. AP: You've long been a powerhouse in theater. 'Wicked' has launched you to the heights of mainstream culture. What's the biggest adjustment you've had to make? ERIVO: I had a sort of level of anonymity that I think I got used to and I really kind of enjoyed. That isn't necessarily there anymore, which is still really lovely because people are kind and sweet, and I'm really grateful for it. But that's an adjustment, to realize that you can't just walk into a store and no one will know who you are, or you can't get on a plane, and no one will there you are. That's a new thing that I didn't expect or wasn't seeking. ERIVO: We have a couple pickups and then we're done. AP: Is there anything else you'd like to add about the album? ERIVO: I'm so proud of it. We spent a lot of time on it. We worked really, really hard on it. There was no stone unturned on it because I love what I do, and I love music, and I loved making it. So just know that this was made with a lot of love.

Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album

time12 hours ago

  • Entertainment

Cynthia Erivo mines the depths of her soul for 'I Forgive You,' her 'honest, human' album

NEW YORK -- It began as it always should, with her voice. The second solo album from Cynthia Erivo, fresh off a herculean press run with the success of the first 'Wicked' film, was always meant to be 'vocal-focused,' she told The Associated Press recently. It may be the understatement of a lifetime: to know her is to know her instrument — that range, the notes few else can hit but many attempt. And Erivo's new soulful album, the evocatively titled 'I Forgive You," hits the mark. In the studio, that meant using her vocals 'as the pads, as the stacking,' like an artist might with a guitar or piano. 'The meat of each of the pieces that you listen to is the voice,' she says, 'So that you can hear the lyrics, you can hear the song, you can hear the emotion in it,' she explains. The other instruments, too, were performed live. "Everything you hear in there is real and tangible.' For that reason — and other expressions of autonomy take across the album — she says it felt like her first. For the listener, it evokes a real feeling of intimacy. Erivo spoke to the AP about 'I Forgive You,' life after 'Wicked" and the forthcoming 'Wicked: For Good,' and the ways in which acting, singing and writing inform one another. This interview has been edited for length and clarity. ERIVO: This album is a collection of stories and songs that are both personal for things that are happening now, things that have happened in the past, and I think some of which I have had to forgive people for. And honestly, some of which I've had to forgive myself for. And I loved the idea of calling it this title, because it's a simple concept, but not an easy one. And not one that we as humans are very good at, often. A part of me was feeling, like, 'Wouldn't it be wonderful if people had to keep repeating the words, 'I forgive you?'' So even if you're finding it difficult to say this album will give you the permission to actually say the words, even if you're not quite ready. ERIVO: The concept of being a work in progress — who still gets scared of things, who still has to deal with things — that won't ever necessarily stop. It might get quiet, but that feeling doesn't necessarily always go away. I just wanted to be honest, and I think that 'Replay' was probably the first song that I put out was because I felt like it was sort of a reintroduction to the inner part of me that most people might not really know. But it's also a tricky song in that it's fun, it's kind of upbeat, and if you actually listen, you hear that there's like a person who's a little bit fragile, a person whose trying to figure some things out, a person who's been through some things, who's dealt with things, who has abandonment issues, who has fear, who an inferiority complex sometimes, who wants to help everyone, who wants to save everyone, but gets it wrong. Those are human, human things that I want to share. ERIVO: No apprehension about writing it, a little apprehension about sharing it, because it's honest. But once it's done, what can you do? It's time to share. ERIVO: They feed each other. When I sing, I feel free and I feel open, which means that when I go and act — because I've given myself that experience — the want to close off again sort of goes away. So, when I'm on a set, I'm as open as I am when I am singing. I'm waiting to receive whatever I'm getting from my counterpart or whoever's opposite me so I can actually listen. Because the act of writing and singing actually is also the act of listening. ERIVO: I had a sort of level of anonymity that I think I got used to and I really kind of enjoyed. That isn't necessarily there anymore, which is still really lovely because people are kind and sweet, and I'm really grateful for it. But that's an adjustment, to realize that you can't just walk into a store and no one will know who you are, or you can't get on a plane, and no one will there you are. That's a new thing that I didn't expect or wasn't seeking. ERIVO: We have a couple pickups and then we're done. ERIVO: I'm so proud of it. We spent a lot of time on it. We worked really, really hard on it. There was no stone unturned on it because I love what I do, and I love music, and I loved making it. So just know that this was made with a lot of love.

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