Damian Hurley, Liz Hurley's son, loses up to $250 million after being cut out of the family trust.
Damian Hurley, Liz Hurley's lookalike 19-year-old son, has been disinherited by his grandfather from his late father's multimillion-dollar trust.
According to a news report, Dr. Peter Bing, Damian's grandfather and father of Steve Bing, cut Damian and his older half-sister Kira Bonder out of the family fortune because they were both born out of wedlock. Steven Bing took his own life last summer.
Damian's share of the family trust was estimated to be $250 million, Hurley told the Daily Mail on Friday.
Rather than that, the fortune will be divided between Steve's sister Mary's two children, both of whom were born out of wedlock.
Troubled Steve Bing, who inherited approximately $600 million from his family when he turned 18, was initially ruthless with Hurley and Lisa Kerkorian, the mother of Kira, 23.
Peter Bing, now 90, even wrote a will disinheriting Hurley while she was pregnant with Damian.
However, Hurley told the Daily Mail that Bing, who had little to no relationship with Damian or Kira as children, attempted to mend fences prior to his June 2020 suicide.
Peter Bing filed a court petition in March 2019 to remove Damian and Kira from a "grandchildren trust" he established years earlier. Hurley and Kira's mother, with the assistance of Steve Bing, fought and temporarily won the action. However, Peter Bing appealed and was successful in his attempt to disinherit the two children.
“When Stephen committed suicide, he believed his children would be looked after,” Hurley said in a statement. "What Stephen desired has now been callously reversed." I'm sure Stephen would have been distraught.”