Queen of Mean and her Little Rich Dog too

In case you haven’t heard about this, how would you like to be $12 million richer? Easy enough.. pray to become a dog. Leona Helmsley, a deceased cold-hearted bitch real estate developer, passed away a few days ago. Her net worth, along with her deceased husband, approached $4 billion. So how did she break her trust up for family and friends?

Leona Helmsley, the late real estate developer, left the bulk of her $4 billion estate to charity, giving $12 million to her Maltese dog, Trouble, and nothing to two of her grandchildren.

Four grandchildren will receive $5 million each, according to her will. Grandson Craig Panzirer and granddaughter Meegan Panzirer are left nothing, “for reasons which are known to them,” according to the document, which was made public Tuesday in New York Surrogate’s Court.

Helmsley, dubbed the “Queen of Mean,” had more than $3 billion in stocks and bonds and more than $1 billion in limited liability corporations and partnerships, the will said.

Her brother, Alvin Rosenthal, will receive $5 million outright and $10 million in a trust. She left $100,000 to a chauffeur.

Two of her grandchildren, David Panzirer and Walter Panzirer, will receive their $5 million only if they visit their late father’s grave once a year, “preferably on the anniversary of my said son’s death,” Helmsley said in the will.

So there you have it. The bitch leaves the bitch behind $12 million. At least the dog will be taken care of.

In case you haven’t heard of Leona Helmsley, here’s her wiki biography. I’m too young to remember what happened with her in the late 80s (I was only 7!) but her famous quote is truly one for the books. “We don’t pay taxes. Only the little people pay taxes.” That really is cold-hearted. Congratulations to Trouble I think?

Oh and yeah, she left the mausoleum where her and her husband are buried $3 million for yearly cleanings and landscaping updates. And yes, Trouble does have a future location with Leona and her late husband in that mausoleum.

Yesterday’s Selloff Blog Updates

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