Who Gets Roger Ailes' Money? Details About Ex-Fox News CEO's Will Revealed
Roger Ailes, the founder of Fox News who died on May 18, has left behind millions of dollars in a trust to his wife Elizabeth Tilson and 17-year-old son Zachary, the Daily Mail reported citing his will. Ailes died just a year after being ousted from his own company in July 2016 following a series of sexual harassment charges filed by female employees.
Details emerged Wednesday about Ailes' will, which was obtained by the Daily Mail, revealing who gets the TV mogul's money. Ailes left the vast majority of his reported $100 million fortune to his wife and son.
The 77-year-old left behind a $1.78 million fund to be shared among extended family and some of his trusted ex-colleagues, the report said. The ex-colleagues who will receive a share of Ailes fortune include his former bodyguard James Gildea, close Fox News ally Dennis Mulligan and longtime executive assistant Judy Laterza.
Read: Roger Ailes' Death Could Complicate His Sexual Harassment Cases
According to Ailes' critic Gabriel Sherman, Laterza allegedly worked as "recruiter" bringing women to the CEO's office for private meetings. Laterza reportedly entered fake names into the visitors' ledger to cover his tracks, Sherman alleged in a September 2016 article in New York Magazine.
Just before his death, Ailes was embroiled in controversies surrounding sexual harassment claims by women. Following allegation by many women that they were harassed for more than a year, 21st Century Fox terminated Ailes' contract with Fox News. He was given a severance check of $40 million for his 20 years of service to the company.
Sherman's article in New York Magazine details Ailes' long history of sexually harassing women after former Fox News anchor Gretchen Carlson accused him of sexual harassment, prompting numerous other women to step up with their accusations. In September last year, Fox News settled a lawsuit brought by Carlson for $20 million.
“I think you and I should have had a sexual relationship a long time ago and then you’d be good and better and I’d be good and better. Sometimes problems are easier to solve [that way],” Ailes reportedly said in one of the conversations Carlson recorded.
The 77-year-old also left $250,000 to his 79-year-old brother Robert, a doctor living in Odessa, Florida, $200,000 to his nephew Philip Bourekas and $100,000 each to his nieces, Christine, Catherine and Susan.
In the will, Ailes' widow Elizabeth was named as the controller of the large family property portfolio. Three properties close to a 20-plus-acre hilltop compound in Garrison, New York, were put on the market before Ailes' death. One of the properties reportedly sold last December for $825,000. Ailes and Elizabeth's four-bedroom home in Cresskill, New Jersey, is also up for sale for a price of $1.65 million.
The vast majority of Ailes' estate and assets will go to his son Zachary when he turns 36. For now the teen will receive $250,000 along with his father's entire personal effects, "items of personal use" and his "library," Daily Mail reported.
Read: Roger Ailes Cause Of Death
"I give and bequeath such property in equal shares to those of my children who survive me, or all to the survivor if only one of them survives me," the will reads.
The embattled media executive died after suffering from hemophilia, a condition in which blood doesn’t clot normally, after a fall in Palm Beach, Florida.
Ailes was hired by media mogul Rupert Murdoch in 1996 to launch Fox News.
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