New Will Shows Media Tycoon’s Ex to Lose Out on Millions

Business_meetingA recent report in USA Today says that TV mogul Sumner Redstone's lawyers now are claiming that Manuela Herzer, his ex-girlfriend, is no longer included in Redstone's will and is not entitled to a $70 million inheritance.

The article, "Sumner Redstone's ex-girlfriend stands to lose $70M after new will," says that a new court document explained that Herzer was named in Redstone's will until the 92-year-old former chairman of Viacom and CBS Corp. ended the relationship last fall and rewrote the will.

Herzer filed a lawsuit, asking a judge to reinstall Herzer as Sumner's health agent.

Redstone's previous will stated that Herzer was entitled to $50 million and his $20 million house in Southern California. However, last fall Redstone removed her as his health care agent and ordered that his estate pass to his charitable foundation.

Redstone has been thought to be too mentally incapacitated to be involved in running corporate boards. He recently resigned as chairman of the boards of directors for both CBS Corp. and Viacom. Redstone became Chairman Emeritus of the companies, ending his managerial involvement.

A judge in Los Angeles is scheduled to rule later this month on a motion by Redstone's lawyers to throw out Herzer's lawsuit.

Reference: USA Today (February 9, 2016) "Sumner Redstone's ex-girlfriend stands to lose $70M after new will"

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