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He only has a very small mutual fund according to his manager. Most of his 3.8 million went to paying his lawyers, then suing his lawyers and then paying for their counter suit, crashing cars and then partying away his cash on drugs and alcohol. He now lives in a small ranch house with sheets for curtains and was driving a 1990s car until July 2011 when he was again arrested for DUI, no license so that car is now gone.
Had he even invested 1.5 million at 6% compounded monthly he could have had $90,000 a year alone in interest to live off of.
Wiki User
∙ 12y ago
Rodney King passed away in 2012. His financial situation at the time of his death is not publicly available, so it is unknown if any money was left.
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Something left in a will?
A will is a legal document that outlines how a person's assets and belongings should be distributed after their death. Something that can be left in a will includes specific gifts to family members or friends, instructions on how to distribute money or property, and appointing a guardian for any minors or dependents.
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You can receive money left to you in a will by following the instructions laid out in the will, such as contacting the executor of the estate or the probate court. Once the will has been probated and any debts and taxes have been paid, you should receive your share of the inheritance as outlined in the will.
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