The Daily Beast: CEO Killing Suspect May Be Cut Out of Grandma's Fortune After Arrest [View all]
The Daily Beast - (archived: https://archive.ph/Nsae0 ) CEO Killing Suspect May Be Cut Out of Grandmas Fortune After Arrest
Luigi Mangiones grandmother planned to disinherit any heirs charged with a crime.
Janna Brancolini
Published Dec. 12 2024
9:18AM EST
The U.S. justice system revolves around the presumption of innocence, but Italian grandmothers are under no such obligation.
Luigi Mangiones arrest may have cost him a piece of his grandmothers $30 million-plus fortune thanks to a provision in her will disinheriting anyone charged with a crime, TMZ reported.
The 26-year-old Ivy League graduate was arrested and charged with murder this week for allegedly shooting and killing UnitedHealthcare CEO Brian Thompson on Dec. 4 outside the companys annual investors meeting in New York City.
Mangione comes from a wealthy and influential real estate family in Baltimore, where his relatives responded with shock to news of his possible involvement in Thompsons death. His grandfather Nicholas built his company from the ground up, eventually amassing a fortune worth tens of millions of dollars.
Nicholas died in 2008 at age 83, while his wife Mary C. Mangione died last year. According to documents obtained by TMZ, her estate was worth at least $30 million and maybe even as much as $100 million.
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If only she didn't have that "crime" clause in her will...