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Julie Garber

The Latest On Whitney Houston's Estate

By February 27, 2012

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Here is the latest on what has been going on since the sudden death of Whitney Houston on February 11:

  1. New Jersey mansion still up for sale: Whitney Houston's 12,600 square foot mansion located in Mendham, New Jersey, is still up for sale. This home was featured in the Bravo reality show "Being Bobby Brown" and can be yours for only $1.75 million, down from the original list price of $2.5 million back in 2009. But not just anyone can view the home - interested buyers must be pre-approved by showing that they have at least $1.5 million in liquid assets. View pictures of the home: Whitney Houston's New Jersey Mansion Still Lingers On Market.

  2. Personal items being auctioned: On the same day that Whitney Houston was laid to rest, Darren Julien, owner of Julien's Auction, a celebrity auction house that has sold off the personal items of the likes of Cher, Barbara Streisand, the estate of Marilyn Monroe, the estate of Johnny Cash and the estate of Tony Curtis, announced that some of the singer's personal items will be sold as part of the "Hollywood Legends" auction being held on March 31 and April 1. Among the items to be auctioned off are a black velvet dress, satin vest and faux pearl drop earrings worn by Ms. Houston in the movie "The Bodyguard." The total estimated value of these items is only $2,000, but Mr. Julien expects them to sell for well above this amount. Other items on the block for this particular auction will be Clark Gable's riding jacket from "Gone With the Wind" (estimated value $10,000 - $15,000), a rocking chair owned by President John F. Kennedy (estimated value $50,000 to $70,000), a vintage Christian Dior gown worn by Princess Diana (estimated value $10,000 to $20,000), and a suit worn by Charlie Chaplin in one of his films (estimated value $20,000 to $30,000). You can view the items being auctioned off for free at Julien's Auctions, 9665 Wilshire Boulevard, Suite 150, Beverly Hills, California, from Monday, March 19, through Saturday March 31, from 10 a.m. to 5 p.m. daily except Sundays. Four live auctions will be held, two on Saturday, March 31, at 10 a.m. and 2 p.m., and two on Sunday, April 1, at 10 a.m. and 2 p.m.

  3. Increased record sales, but she's no Michael Jackson: Unlike Michael Jackson, whose estate raked in $170 million last year alone, Ms. Houston's estate is only expected to bring in about $10 million in the year following her death. This is because unlike Jackson, who wrote and produced many of his songs and owned catalogs of his music, Ms. Houston's hits were written and produced by others. In fact, Dolly Parton wrote Ms. Houston's biggest hit, "I Will Always Love You," back in 1973.
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