If you are wondering, “Who inherited Luther Vandross’ money?” you’re not alone. There are a few millionaires on the planet. But who are the rest of them? Vandross has achieved immense fame during his career. After all, he wrote the songs and co-wrote many of them. As for his money, it is hard to say, because his net worth is based on public sources.
Luther Vandross died in 2005 of a heart attack. The singer and songwriter was only 54 years old. He was known as “The Velvet Voice,” and his recordings were regarded as some of the greatest in the history of popular music. Despite his success, the ‘Velvet Voice’ had a complicated life. His longtime business manager, Carmen Romano, was named his executor. Sadly, Vandross never married or had children. He suffered from multiple health issues, including a stroke in 2003. However, the singer made a final appearance at the Grammys in 2004.
Some of the items included in Luther Vandross’ estate were sold in recent years. He sold a seven-room Manhattan condo for $4.425 million in 1998. In 1999, he bought a three-bedroom Manhattan condo for $3.8 million. He also sold another Manhattan condo for $5.6 million. In 2000, he sold a small apartment on the Upper East Side for $400,000. He also sold a house in Stamford, Connecticut for $850,000 in 2002.