Feeds

'Queen of Mean' leaves mutt $12m

Two grandchildren, though, get sweet FA

Build a business case: developing custom apps

Property billionaire Leona Helmsley - aka the "Queen of Mean", and who died earlier this month aged 87 - has left her pet dog $12m while bequeathing sweet FA to two of her grandchildren, the Telegraph reports.

The late moneybags' mutt, a white Maltese named Trouble, described as "a former Helmsley advertising star and a dog with a track record of biting members of staff", will benefit from a trust fund and, when the times comes, will be laid to rest beside his mistress in the Helmsley mausoleum in Westchester County, New York.

Helmsley's brother Alvin Rosenthal also trousered millions of dollars, on the proviso he look after Trouble. Two of her four grandchildren from her late son, Jay Panzirer, copped $5m each, "on condition they visit their father's grave once each calendar year".

The other two, however, got not a dime "for reasons that are known to them", according to the will. This is not the first time Panzirer's kids have been short-changed. When he popped his clogs intestate back in 1982, Helmsley "sued to claim most of his estate, leaving her four grandchildren with just $432 apiece".

Other provisions of the will were $100,000 for her chauffeur, Nicholas Celea, and $3m for the maintenance of her modest $1.4m final resting place.

Helmsley will be best remembered for her assertion that "Only the little people pay taxes". In 1998, she was proved wrong when indicted and subsequently convicted for tax evasion. ®

Boost IT visibility and business value

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.