Dick Clark Left a Fortune

Dick Clark
Sound business decisions  made it possible for Dick Clark to amass a huge fortune. Did he also leave a sound estate plan? Will there also be a huge estate tax bill? We’ll keep you posted. Meanwhile, here is some more info on his wealth:

When America’s oldest teenager passed away yesterday at the age of 82, he left more than legacy of music and television achievements. He left a huge fortune.

The former host of American Bandstand and TV’s Bloopers and Practical Jokes was a savvy businessman whose career spanned television, concerts, awards shows and radio.


Dick Clark Productions went public in 1987. However, after growing frustrated with Wall Street, Clark allowed the company to be acquired for $140 million by an investment group led by Mosaic Media Group in 2002.


Clark’s other holdings reportedly include millions of dollars of Malibu, Calif., real estate.

See the entire article at Investor Place.

Creative Commons License photo credit: Alan Light

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