How Much Was Steve Bing Worth When He Died?

May 2024 ยท 2 minute read

Elizabeth Hurley gave birth to her son, Damian, on April 4, 2002, claiming that the father was Steve Bing, CNN reported at the time. In response, Bing sued Hurley "to force a DNA test after she said he was the father of her baby," according to the Los Angeles Times. The June 2002 results proved that Bing was Damian's father.

Hurley tried to refuse child support payments from Bing, stating, per CNN, "I have always made it perfectly clear to Stephen Bing, the father of my son Damian, that I don't want any financial help from him whatsoever." However, as Bing's spokesperson argued, it wasn't Hurley's place to deny the support plan of $160,000 annually until Damian's 18th birthday.

Speaking of money, the producer's net worth was estimated at $600 million upon his passing, according to Celebrity Net Worth. When Bing was 18, he inherited the hefty sum from his grandfather, New York real estate mogul, Leo S. Bing, according to The Los Angeles Times

The topic of Bing's fortune reentered the news in 2019, when his dad, Peter Bing, allegedly tried to cut Damian and the financier's other child, Kira, out of his inheritance. Bing claimed his sister, Mary Bing, coordinated with Peter because she wanted the money just for her kids, calling the move a "massive money-grab" in court docs obtained by the Daily Mail. Bing won the case against Peter in July 2019.

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