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The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Arts & EntertainmentSumner Redstone

Sumner Redstone’s Ex-Girlfriend Could Lose Out on $70 Million

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Tom Huddleston Jr.
Tom Huddleston Jr.
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Tom Huddleston Jr.
Tom Huddleston Jr.
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February 10, 2016, 2:38 PM ET
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UPDATE: This article has been updated with a statement from Manuela Herzer’s lawyer.

Breakups can be tough.

Last year, billionaire media mogul Sumner Redstone ended his relationship with now ex-girlfriend Manuela Herzer and now Herzer could lose out on roughly $70 million in cash and real estate the 92-year-old Redstone had once promised to leave her in his will. Now, multiple publications have reported that a new court document filed in Los Angeles Superior Court on Tuesday reveals exactly what the 52-year-old Herzer stands to lose if her exclusion from the former CBS (CBS) and Viacom (VIA) chairman’s will holds up in court.

Herzer recently filed a lawsuit claiming that she should remain in Redstone’s will and be reinstated as his health care agent, while Redstone’s lawyers have argued that she was rightfully excluded from his estate-planning and is now motivated only be a desire to cash in on his eventual death.

 

Before he changed it, Redstone’s will had been written to state that Herzer should receive $50 million as well as a Los Angeles home valued at roughly $20 million, but the updated will instead dictates that those assets be given to charity, Variety reports.

Herzer’s attorney, Pierce O’Donnell, responded to the latest court filing from Redstone’s lawyers in a statement provided to Fortune that read, in part: “For Manuela, this case has never been about money—she seeks to protect her beloved friend from the manipulation and abuse by his caregivers and [his daughter] Shari Redstone.”

As Fortune has reported, last week Redstone stepped down as executive chairman of both CBS and Viacom following months of rumors and speculation that the nonagenarian is mentally unfit to run a pair of multi-billion-dollar corporations. Redstone has been replaced at CBS by the network’s longtime CEO, Leslie Moonves, while Philippe Dauman has taken over at Viacom. However, as Fortune‘s Mathew Ingram pointed out last week, there could be further drama within Redstone’s media empire, as his daughter, Shari Redstone, is not happy with the succession plan at Viacom.

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