According to reports, Ray Charles left $500,000 to each of his 12 children and granted Ray Charles Enterprises the rest of his estimated $75 million fortune as well as the music licensing rights.
After Charles’ passing, Ray Charles Enterprises was absorbed by the foundation.
Who inherited Ray Charles money and estate?
The Ray Charles Foundation, which is controlled by the musician’s longtime manager, filed a fraud case against The Ray Charles Legacy Corporation, which is run by Charles’ family, in the latest twist in the estate dispute involving the late musician’s family and the manager.
Adams was under investigation in 2006 by the California Attorney General’s Office for simultaneously holding the positions of president, chairman, and treasurer of the organization.
In the most recent action, which names the foundation as the only plaintiff, it is claimed that Den Bok and Charles’ youngest child, Ryan Corey Robinson, established the Ray Charles Legacy Corporation in an effort to deprive the foundation of the licensing rights to his music.
