Whitney Houston blew her fortune, now her family’s cashing in: she died in debt, but her estate has signed a multimillion-dollar deal including biopic I Wanna Dance with Somebody, merch and make-up
- A six-time Grammy award winner, the late superstar’s legacy will go on for some time and her family definitely knows this, striking a deal with music publishing company and talent agency Primary Wave
- The Houston estate will be raking in cash from merch like fragrance, apparel, Funko Pop dolls as well as a collaboration with Mac cosmetics on a line of branded make-up
However, at the time of her heartbreaking death at the age of 48, in a hotel bathtub in Los Angeles, much of Houston’s stardom had already lost its sheen.
The I Wanna Dance with Somebody singer’s turbulent relationship with long-time partner Bobby Brown as well as her highly publicised issues with substance abuse were some of the contributing factors to the superstar’s troubled final years.
Now over a decade later, per Billboard, Houston’s estate is planning major moves to cash in on the talented singer’s legacy. So what’s planned exactly?
The estate and Primary Wave partnership
Though Houston had signed a US$100 million deal with record label Arista in 2001, which was then the largest record deal in history, by the time she had passed, the internationally renowned superstar’s finances were reportedly in a shockingly dire state, per Billboard.
Despite this massive deal, according to Celebrity Net Worth, in 2012 the year of her passing, Houston owed some US$20 million in debt. Considering that at the height of her stardom, The Greatest Love of All vocalist is said to have boasted an estimated net worth of US$150 million, the nature of the financial decline is particularly calamitous.
Fast forward to 2019, and Pat Houston – Whitney’s sister-in-law, manager and also the executor of the Houston estate – struck a deal with music publishing company and talent management agency Primary Wave.