Liam Payne’s $29 Million Estate Passes to His Son Bear
Here is the English translation:
It has been announced that nine-year-old Bear Payne has been designated as the sole heir to the approximately $29 million estate of the late One Direction star Liam Payne.
Liam Payne, a former member of One Direction who also achieved great success with his solo career, tragically passed away in October 2024 after falling from a third-floor balcony at the CasaSur Palermo Hotel in Buenos Aires, Argentina. The Argentine Prosecutor's Office stated that the 31-year-old artist's cause of death was multiple trauma along with internal and external hemorrhages.
Bear Becomes the Sole Heir
According to court documents that surfaced nearly two years later, Payne’s son, Bear Payne, has become the sole legal heir to his estate, valued at approximately $29 million (£21.9 million).
While some assets are reportedly accessible in the short term, the vast majority of the estate will be held in a specialized trust fund until Bear reaches the age of 18.
Bear Payne was born from the relationship between Liam Payne and British singer Cheryl Cole. The couple's son was born on March 22, 2017.
He Left No Will
It had previously been reported that Liam Payne passed away intestate (without leaving a valid will).
In May of last year, Cheryl Cole and lawyer Richard Mark Bray were appointed as official administrators to manage Payne’s assets. At the time, the artist's gross estate was declared to be around $38 million (£28.7 million).
Under UK law, when a person dies without leaving a will, the estate is primarily inherited by the legal spouse, or if unmarried, by the closest blood relatives.
According to information reported by the BBC, Cheryl Cole and Richard Mark Bray will hold the authority to manage the estate, though their powers to distribute the funds will remain limited.
One Direction Members Shared Their Grief
Following Liam Payne's passing, his former bandmates had shared emotional statements.
Niall Horan mentioned in a statement last month that he fondly remembers the moments he shared with Payne, noting that the grieving process brings both sadness and beautiful memories.
Harry Styles expressed that the death of his former bandmate had changed his perspective on life.
Louis Tomlinson also stated that coping with the loss of Payne was "incredibly difficult" for him.
Producer Simon Cowell, who played a key role in One Direction’s global rise to fame, also expressed his deep sorrow over Payne's death in various interviews.
Meanwhile, Liam Payne's final girlfriend, Kate Cassidy, shared their last moments together and responded to criticisms regarding her travel plans around the anniversary of his passing.
Loved by millions of fans worldwide, Liam Payne's legacy is now seen as a vital trust ensuring the future of his son, Bear Payne.