Up for grabs: The $300 million estate of reclusive mining heiress Huguette Clark

2012-10-06T02:45:00Z 2013-01-02T16:57:14Z Up for grabs: The $300 million estate of reclusive mining heiress Huguette ClarkBy Bill Dedman Special to The Montana Standard Montana Standard

NEW YORK — The stakes have been set in the battle over the wealth of Butte copper heiress Huguette Clark.

More than $300 million is on the table as her extended family prepares for a court battle with her nurse and others for the last whispers of one of the great fortunes from America’s Gilded Age.

At her death on May 24, 2011, in the New York City hospital where she had lived for 20 years, the daughter of one of the copper kings of Montana possessed about $306.5 million, counting all her real estate, stocks, bonds, cash, trusts and personal property. The accounting was filed this week in Surrogate’s Court in Manhattan by the office of the public administrator, the temporary executor of her estate.

Clark’s estimated property values:

• $84.5 million for Bellosguardo, her California beachfront summer home on 23.5 acres in Santa Barbara. That value was reduced to reflect $502,000 in

property tax liens.

• $53.0 million for her three apartments at 907 Fifth Ave., New York

See the full story at NBCNews.com:

http://nbcnews.com/clark/

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(8) Comments

  1. zubie41
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    zubie41 - October 11, 2012 9:21 am
    Attorneys will make big bucks on this deal!
  2. notagoodoleboy
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    notagoodoleboy - October 09, 2012 4:31 am
    Why should we start with that cemetary? Aint there enough of the tribal Irish to take care of it themselves?
  3. DrivebyGravy
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    DrivebyGravy - October 07, 2012 9:21 am
    We want everything free we are a old demographic low income town we want free festivals not jobs

    Windmills watermarks trams high altitude speed skating carousel parks on and on
  4. Comparadun2
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    Comparadun2 - October 07, 2012 8:39 am
    Now there is a fine idea! Sadly, it wont happen.
  5. DrivebyGravy
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    DrivebyGravy - October 07, 2012 8:23 am
    Butte wants its money back. Not enough to pay us when we was mining, look at all the clean up and beauty from the arco money

  6. DrivebyGravy
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    DrivebyGravy - October 07, 2012 8:01 am
    Three hundred million divided by thirty thousand butants that means ten thousand dollars each! Pay off the truck or the single wide

  7. uptown
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    uptown - October 06, 2012 3:54 pm
    "go after" how? Butte has no standing in this case, basically a probate question of which will is valid. Butte never did have any claim on Huguette's money, nor any other of the heirs. With minor exceptions, all of the W.A. Clark assets were disposed of (mostly sold to Anaconda Co.) by 1928.

    This was discussed ad nauseam over a year ago. Silly to consider it. Be glad the Paul Clark Home got a small donation from her before she died.
  8. Gad
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    Gad - October 06, 2012 8:23 am
    Why wouldn't Butte or Montana go after some of that money for cleanup from the Copper Kings? Clark made the money on the backs of the miners and the town of Butte. Why not try to get some of her money for further restoration for Butte and surrounding areas? I think this would be the best way for the money to be spent....Starting with St Patricks cemetary.

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