Nipsey Hussle’s Children Named Sole Beneficiaries of His Estate
The assets encompass various holdings, including The Marathon Clothing, Inc.
The estate of rapper Nipsey Hussle, who was fatally shot in March 2019 at the age of 33, has concluded negotiations, according to People.
Documents obtained by the outlet have revealed that Hussle’s two children, son Kross (7), shared with ex-partner Lauren London, and daughter Emani (14), from Tanisha Foster, have been designated as the sole beneficiaries of his estate.
Under this arrangement, London will be granted 50% of cash and non-cash assets on behalf of Kross, along with an additional $113,000 to offset expenses related to Emani’s “health, education, and other matters.” Emani will have the remaining 50% of assets managed by Hussle’s brother, Samiel Asghedom, who also served as the estate’s administrator.
The assets encompass various holdings, including a 2012 Chevy Suburban, full ownership of All Money Inc, Marathon Studios, The Marathon Touring, The Marathon Clothing Inc, and Nipsey’s trademark portfolio. The total value of these assets surpasses $11 million.
London, who has been candid about her journey of healing following the tragedy, expressed the complexities of grief during an episode of the People Every Day podcast. “I have to wake up with the intention of this every day because there are days I don’t want to, and I’m like angry about it. And that’s what healing is. It is up and down, side to side, all over the place.”
Hussle’s murderer, Eric Holder, was sentenced to at least 60 years in prison. Holder faced convictions of first-degree murder and other charges, including two counts of attempted voluntary manslaughter and two counts of assault with a firearm.
While Holder’s defense argued that the shooting was not premeditated, the prosecution contended that Holder knew in advance that he would kill the rapper, possibly due to jealousy over his success. Holder’s trial lasted over two weeks and included delays due to an alleged assault on Holder while in custody.
In a somber tribute to the late rapper on what would have been his 37th birthday, Hussle was honored with a star on Hollywood Boulevard’s Walk of Fame. The ceremony was attended by family and fellow artists.