How This Reclusive Heiress Spent Her Fortune

$2.5M in payments to a Parisian doll shop, among other things
By Kate Seamons,  Newser Staff
Posted Nov 21, 2011 1:07 PM CST
Updated Nov 26, 2011 7:00 PM CST
In this photo provided by Barbara Cleary's Realty Guild, Huguette Clark's New Caanan, Conn., estate is shown.   (AP Photo)
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(Newser) – To say that mystery surrounds the life—and pocketbook—of Huguette Clark is an understatement. The reclusive heiress to a $400 million copper-mining fortune died in May at age 104, and excluded her relatives from her will. Now, they're heading to court to challenge it, and MSNBC reports on the fascinating and controversial financial details revealed through the court documents that have been filed to date:

  • The documents include all the transactions made by her attorney and accountant using her legal power of attorney; these began in July 1996. (Click to read about the suspicions surrounding the duo.)

  • Some $43 million was deposited into Clark's personal checking account over a 12-year period ... starting when she was 90 years old.
  • Starting that same year, 110 payments were made to famed Parisian doll shop Au Nain Bleu. Total: $2.5 million.
  • More spending on dolls: Theriault's doll auctions was paid $729,000 in that 12-year period.
  • Not a shabby job: Clark's main nurse received an annual salary of $131,000.
  • Clark lived at Beth Israel Medical Center for her final 22 years. From December 1997 through February 2011 she paid the hospital $4.9 million, or about $1,000 per day.
  • While in that hospital, she spent $3.75 million on taxes and fees related to her 5th Avenue apartment. She spent another $100,000 a year in property taxes on her New Canaan, Conn., home.
Click for more financial details. (Read more Huguette Clark stories.)

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