Mickey Rooney's Estate: $18K
And ugly family feud continues after his death
By Evann Gastaldo, Newser Staff
Posted Apr 9, 2014 10:29 AM CDT
In this Wednesday, March 2, 2011, file photo, entertainer Mickey Rooney waves on Capitol Hill in Washington, prior to testifying about elder abuse, before the Senate Aging Committee.   (AP Photo/Alex Brandon, File)

(Newser) – Mickey Rooney was a beloved icon, but apparently not a rich one, when he died Sunday at age 93. The AP reports that Rooney, who signed his last will just weeks before his death, left a "modest estate" of just $18,000 to stepson Mark Rooney, who had been acting as Rooney's caretaker. Rooney said he lost most of his fortune thanks to another stepson, Chris Aber, whom Rooney accused of abuse in 2011. Rooney also accused Aber of mismanaging his financial affairs, and though he was supposed to repay millions to Rooney, Rooney's attorney says it's unlikely the estate will actually be able to collect on the judgment.

Another problem: Apparently as "a product of the industry's old studio system," Rooney was not entitled to large royalty payments. He also owed back taxes when he died, the Los Angeles Times notes. Rooney disinherited his eight surviving children, all of whom are reportedly better off financially than he was, as well as his estranged wife, though she will receive his Social Security benefits and some of his pension earnings. And the family feud goes beyond money: Rooney's wife and her son, Aber, are now engaged in a court battle with Mark Rooney and his wife over where Rooney should be laid to rest.

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Showing 3 of 40 comments
Chuck Roast
Apr 10, 2014 5:36 PM CDT
RIP Mr.Rooney, I enjoyed your movies.
Edward L
Apr 10, 2014 3:25 PM CDT
Considering the fact he was married eight times, went through seven divorces, and had no major film role after World War II, I'm kind of surprised to hear he had 18,000 dollars.
The_Word
Apr 10, 2014 10:32 AM CDT
Was Mickey Rooney at 93 years old prepared for death? What is the value of money for one at death? The value is that a person can give it to their heirs. They cannot take it with them. Mickey Rooney had personal problem with wives and families all his life. He also says that his life changed to Christianity when a hotel worker told him, "Jesus Christ loves you very much." His movie, "Young Thomas Edison," is a classic. Mickey Rooney had problems, but despite those problems, inside, I liked him.