Despite his low $75 billion net worth in 2016, Bill Gates still reigns supreme as the worlds richest person. He inherited hundreds of millions of dollars when he turned 18 from his grandfather Leo Bing, a New York real estate developer. This week, Hurley wrote on Instagram: Our time together was very happy and although we went through some tough times, its the good, wonderful memories of a sweet, kind man that matter., Ms Hurley said that the pair (pictured at Elton John's post-Oscar party in 2000) had 'good and wonderful' memories together as a couple. Bring Your Pet Along With You To The Graduate Hotels Pet-Friendly Accommodations Await! The bequests to Damian Hurley and Kira Bonder were cut out of the will, leaving each of them with $250 million. Net Worth: $600 Million: Date of Birth: Mar 31, 1965 - Jun 22, 2020 (55 years old) Gender: Male: Height: 6 ft 3 in (1.93 m) Profession: Film Producer, Businessperson, Writer, Screenwriter Acutely sensitive about his wealth, he preferred to donate from the shadows. Father of Liz Hurley's son. 2 Peter Bergman: Age, Parents, Siblings, Ethnicity. Bing was the founder of the Shangri-La business group, an organization with interests in property, construction, entertainment, and music. . 'He had a big heart, and he was willing to do anything he could for the people and causes he believed in. California law says that the surviving children - in this case Damian and Kira - will normally inherit an estate if there is no will. [8] Bing also financed and produced the independently released Jerry Lee Lewis album Last Man Standing.[9]. He also gave to specific candidates, including Al Gore, Hillary Clinton, John Kerry, Nancy Pelosi and Dianne Feinstein. Bing's denied that he was the father of Ms Hurley's son Damian (pictured left), with only a DNA test proving that he was the father. At just 18 years of age, Steve Bing inherited . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This field is for validation purposes and should be left unchanged. His romantic partners were rumored to include Naomi Campbell and Sharon Stone and there are stories of him showering his dates with sapphires, diamond rings and trips around the world. Hurley. Helen is the widow of late real estate developer Leo S. Bing, and Peter is their only child. Damian Hurley's net worth explored. While he was still attending the elite LA Harvard-Westlake private school, Stephen wrote (with veteran sitcom writer Arthur Silver) his first screenplay, "Missing in Action". Bing and Hurley pictured at the polo in the Hamptons in 2001, during their on-off relationship, The British actress revealed that the pair had reconnected over the last year, and had last spoke on son Damian's 18th birthday on April 4 (pictured left and right, the pair during their relationship in pictures she posted online). But when he died by taking his own life, mostly all his fortune was gone. He is an heir, film producer, and businessman. 'We decided to come together for the sake of our daughter,' she said. 'Even were Stephen to develop a relationship with Damian now, l would not consider him my grandchild because he is nearing adulthood. Bing offered to pay $2.9million into a trust in Damian's name, but Hurley said the money was 'not wanted or welcome' and said she would not accept a penny. He came into his fortune courtesy of grandfather Leos New York skyscraper empire on his 18th birthday, promptly dropping out of Stanford University to try to make a career in Hollywood. Damian's grandfather, real estate heir Dr Peter Bing, had . [27], At the time of his death, he was worth $300,000, having spent most of the $600 million he had inherited. Dr Peter Bing argued for their removal primarily on the basis that the two children, now aged 19 and 23 respectively, were born out of wedlock. Do not sell or share my personal information, For confidential support in the United States,call the National Suicide Prevention Line on 1-800-273-8255, In the UK, call the Samaritans on 116123 or visit a local Samaritans branch, see www.samaritans.org for details, In Australia,call the Lifeline 24-hour crisis support on 13 11 14. Steve Bing Net Worth is $12 Million Mini Biography. Although Bing initially denied he was the biological father, Hurley vehemently denied that it could have been any other man. Bing denied paternity by alleging that he and Hurley had a brief, non-exclusive relationship in 2001. Bing was an LA socialite and film producer who was often seen on red carpets and courtside at Lakers games. . As friends said that Bing had suffered from depression and had struggled to cope with the lack of human contact in recent months, Hurley revealed yesterday that Bing had recently got in touch with her after years of silence. Bings net worth is estimated to be around $525 million. . Select this result to view Peter Bing's phone number, address, and more. Unfortunately, Kirk passed away in the year 2015 at the age of 98. Despite the fact that no one is sure what the Advanced Night Repair Serum does to regenerate the skin, it is a well-known and highly rated skincare product, making it no surprise that Elizabeth Hurley is a fan. He spent $4.25 million in 2005 in a successful effort to defeat Prop. America dumps Prince Harry as his approval rating drops 45 points - and Meghan's 36 points - in just over one month following release of his memoir Spare, Karine Jean-Pierre claims Republicans are 'threatening to kill millions of jobs and 401k plans' by holding the $31 TRILLION debt limit hostage - and the ceiling hits TOMORROW, Judgement day for Alec Baldwin: Criminal charges in Rust shooting to be announced Thursday morning - more than one year after Oscar-nominated actor accidentally shot dead cinematographer on movie set, Derek Chauvin asks appeals court to THROW OUT murder conviction for George Floyd's death because publicity 'poisoned the jury' anddenied him a fair trial. 2. Steve had a difficult time adjusting to the fact that he was extremely private and wanted to remain out of the public eye after our relationship ended. He denied that he had a relationship with Hurley at the time of the childs birth. Our son Damian is very close to him, and he treated me very nicely. Over the years Stephen produced dozens of movies. ', Liz Hurley posted a tribute to Bing on Instagram as news of his suicide spread, saying she was 'saddened beyond belief' while describing him as 'a sweet, kind man', Damian Hurley, Bing's son, uploaded his own Instagram post - describing the news as 'devastating' and adding: 'This is a very strange and confusing time and I'm immensely grateful to be surrounded by my phenomenal friends and family'. 21 records for Peter Bing. Police have suggested that the 55-year-old jumped from the super-smart Ten Thousand building just after 1pm on Monday. [15], Bing had a relationship with Elizabeth Hurley, which resulted in a pregnancy. [14], In 2001, Bing sued billionaire Kirk Kerkorian for invasion of privacy. After he was forced to admit he was Damians father, Bing said he would pay 100,000 a year into a trust for the boy. The Clinton Foundation set up by the former president lists Bing as a donor in the range of $10million to $25million. Last year, Steve Bing made headlines as his father, Dr. Peter Bing, tried to disinherit Steve's two children, Damian Hurley (his son with actress and ex Elizabeth . The estimated net worth of Peter Bauer is at least $4.00 million as of September 15th, 2020. In 2009, he provided a private jet for Bill Clinton's mission to retrieve two US journalists from North Korea, at a cost of up to $200,000. The court found that Damian and Kira 'are beneficiaries of the Trusts if they are biologically born children of Settlor's child', referring to Steve Bing. They have a net worth of $2.4 billion. 2023 Celebrity Net Worth / All Rights Reserved. He was born into a family of doctors and nurses, including his mother Helen Bing, a nurse, and his father Peter Bing, a physician. Her mother claimed she was Kirk Kerkorians biological daughter, and the casino tycoons estate awarded Kira a $500,000 settlement. Remember even terms that appear as clear as grandchild, need to be considered carefully when drafting a trust. Steve Bing Net Worth: Bing had a net worth of approximately $590 million estimated in 2020 at the time of his death. Peter, a doctor, claimed Damian was not entitled to inherit money as he had been born out of wedlock and brought up by Hurley rather than Bing. The row surfaced again last year when Dr Peter Bing sought to remove Damian and Kira from a trust fund he had set up for his future grandchildren in 1980. Peter Bings net worth is estimated at $600 million. Controller. In 2002, meanwhile, Bing sued billionaire Kirk Kerkorian, 84, for invasion of privacy after the latter hired private detectives to go through his rubbish, removing a piece of dental floss. Despite Hurley's earlier refusal of money, her court filing said that Steve Bing had provided for Damian financially all his life. But Hurley rejected the offer. He gained widespread notoriety after having a child with actress Elizabeth Hurley. Bing was a longtime friend of Bill and Hillary Clinton. She had learnt that Bing had been having a simultaneous affair with Brenda Swanson, an Armani model, and was infuriated after Bings sister Mary claimed Hurley snookered him into becoming a parent. Damian's grandfather tried to keep him away from his family trust money because he was born out of wedlock. 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So, if you ever wondered how rich Peter Reckell is, it has been estimated by authoritative sources that the total size of his net worth is over $3 million, accumulated through his successful . Play it now! After Bing was proved by DNA testing to be the father of Bonder's child, Bing and Kerkorian settled their dispute out of court. Bing inherited a $600million fortune from his grandfather in 1983 but friends say he had whittled it away with poor investments, leaving it unclear how much is left.