Posted on 09/30/2023 10:11:36 AM PDT by Libloather
Dianne Feinstein's daughter and three stepdaughters are set to inherit the late senator's $102 million property portfolio, as well as her $62 million private jet.
The California congresswoman, who died in DC Friday aged 90, leaves behind an Italianite mansion with stunning views of San Francisco Bay that's worth $21 million.
Democrat Feinstein - whose vast wealth raised eyebrows - died in a Washington DC mansion she owned that's worth $7.4 million.
She also owned a $5 million Hawaii duplex, $7.5 million beach house in Marin County, California and a $62 million Gulfstream G650 jet she used to shuttle between her property empire.
Feinstein's already-vast coffers were further swelled by the sale of two other enviable homes in recent years - an Aspen ranch sold last year for $25 million, and a Lake Tahoe compound sold for $36 million. She is also believed to have had around $70 million cash in the bank.
Much of her wealth has stemmed from her billionaire second husband Richard Blum, the financier and founder of investment firm Blum Capital Partners, who passed away in February 2022. Feinstein has one daughter, Katherine, as well as three stepdaughters with her late spouse.
But the portfolio, estimated to be worth upwards of $160 million, is now the subject of a tense argument between the couple's offspring, according to the New York Post.
An ugly court battle over the cluster of mansions has already erupted after Feinstein's daughter and power of attorney Katherine sued the marital trust that the senator and Blum held much of their properties and bank accounts in.
After Blum passed away from cancer aged 86 last year, Feinstein inherited an annual income of $1 million through his trust, which was held separately from the marital trust.
Following Feinstein's death, her daughter Katherine...
(Excerpt) Read more at dailymail.co.uk ...
Yeah, I feel sorry for the daughters’ plight in dealing with such a vast estate. /s
Politicians who become rich from their term in office are presumptively corrupt.
Much of her wealth has stemmed from her billionaire second husband Richard Blum, the financier and founder of investment firm Blum Capital Partners,
Wonder how much of his wealth was accumulated via his wife’s insider legislative activity and knowledge…
Pretty simple....congressional insider trading. Feinstein was never anything but a public employee. You don’t amass that kind of wealth on a public employee’s salary.
It was then obvious how much they stole while in office.
Many of our current public officials have some 'splainin' to do.
The USA increasingly resembles some version of 1980s Soviet Union or early 1990s post Soviet Russia
Aging uniparty leaders who build their fiefdoms, steal what they can, and who stay in power until they are dead to protect themselves and their cronies. They are in turn supported by the Party and bloated central bureaucracy, and when their corpses are wheeled-out feet-first, they are eulogized by the pathetic state-run media.
Just another humble public servant.
There’s money in gun running.
She goes out with precisely as much money as a bum dying under a bridge with a pack of cigarettes and a handle of cheap vodka to his name.
Without a doubt.
The only question is how did they do it.
Chicom money.
She was called the Senator for Beijing for a reason.
the reason for TERM LIMITS
> $102 million property portfolio, as well as her $62 million private jet.
The Senate is a good way to make an honest living. 🤨
Invest your 40 million at 4 percent interest.
1,600,000.00 per year, or 800 bucks an hour.
But, indeed - "wrangle" over the cash like dogs fighting over scraps from the table.
Just more banana republic bullsqueezins.
Ukraine is looking for jets.
Be a nice donation.
“The USA increasingly resembles some version of 1980s Soviet Union or early 1990s post Soviet Russia...”
Party members always had the privileges there, but Brezhnev and Kosygin weren’t as showy in the 1960’s. These people are in our faces. Riding on jets and demanding we give up our stoves.
After a rich pol dies, what happens to their campaign war chest? I know it doesn’t all go to the DNC.
She was married to a rich guy for over 40 years.
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