The official settlement of the late Nipsey Hussle’s estate, valued at over $11 million, reveals significant allocations for his family members, particularly Lauren London and their two children, Kross and Emani.
Reports confirm that Lauren London is expected to receive $5.6 million from Nipsey Hussle’s estate, specifically designated for the support of their 7-year-old son, Kross. Additionally, she will obtain a 50% ownership stake in the rapper’s renowned Marathon Clothing Company.
The estate documents provide a detailed breakdown of the assets, which extend beyond $11 million. This encompasses substantial funds totaling $5,997,092 held in various bank accounts. Furthermore, the assets include a 100% membership interest in All Money Inc. valued at $2.4 million, 100% interest in Marathon Studios, 100% interest in The Marathon Touring worth $606,000, and 100% interest in The Marathon Clothing Inc. valued at $271,000. Nipsey Hussle’s trademark is also estimated to be worth approximately $913,000.
In addition to Lauren London’s substantial share, an extra $113,000 has been allocated to cover expenses related to Emani’s “health, education, and other matters.” Emani, Nipsey Hussle’s 14-year-old daughter, is designated to inherit the other half of the estate. Guardianship over Emani has been granted to Samiel Asghedom, also known as Blacc Sam, who is Nipsey Hussle’s brother.
Furthermore, aside from their inheritance from Nipsey Hussle’s estate, it was revealed in March that Puma continues to contribute to a trust fund established for the rapper’s children. Before Nipsey Hussle’s children were officially established as the primary beneficiaries, Blacc Sam and his family took deliberate actions to preserve their father’s legacy, notably through their management of the iconic brick-and-mortar establishment, The Marathon Clothing store.
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Nipsey Hussle, a Grammy-nominated rapper, entrepreneur, community activist, and devoted father, tragically lost his life on March 31, 2019, while outside his Marathon Clothing Store in South Los Angeles. His killer, Eric Holder Jr., was charged and later found guilty, receiving a 60-year prison sentence for murder.
At the age of 33, Nipsey Hussle left a lasting impact not only in the music industry, collaborating with renowned artists like Drake and Diddy, but also in his community activism efforts. He worked tirelessly to empower and employ underprivileged communities through real estate investments, science and tech learning centers for teenagers, and various initiatives aimed at improving inner-city Los Angeles.
It’s worth noting that Nipsey Hussle was planning to attend an anti-gang violence meeting on the day he tragically lost his life, scheduled shortly after he and two other individuals were shot outside his store, Marathon Clothing. His legacy lives on through his family and the continued support of his children.