Photographs of ABC News anchorman
Peter Jennings appear on newspapers in New York August 8, 2005. Jennings,
who died of lung cancer in August, left an estate valued at more than
$50 million, most of which was willed to his fourth wife and to two children
from a previous marriage.
ABC News anchor Peter Jennings, who died of lung cancer in August, left an estate
valued at more than $50 million, most of which was willed to his fourth wife and
to two children from a previous marriage.
Jennings, 67, signed the will on April 21, 2005, 16 days after announcing on
his World news Tonight program he had been diagnosed with inoperable lung cancer.
He died on August 7 in New York.
His will, filed for probate this week in New York's Surrogate Court, lists
$50 million in personal property and $3.5 million in property in New York.
Besides leaving his widow, producer Kayce Freed, 50 percent of the "net
marital estate," she also got their Central Park West apartment.
Jennings has appointed trustees to handle the distribution of funds for his
two children, Elizabeth, 25, and Christopher, 23. Both children were from his
third marriage to author Kati Marton, which ended in divorce.
He also left assets valued at $1 million to the Peter Jennings Foundation,
a charity he founded in 1998 that gives money to fight homelessness, drug addiction,
illiteracy and hunger.
Besides stock and real estate, Jennings' assets included ownership of a race
horse, Channel's Gate and another horse, named Cabin Fever.