- Tony Hsieh left behind lots of of thousands and thousands of {dollars} after his unintentional loss of life brought on by a home hearth in 2020. However after years of his household, mates, and colleagues battling over his fortune in court docket, it appears like an authentic will, signed by Hsieh and 5 witnesses in 2015, has been found.
Tony Hsieh, cofounder and CEO of the shoe and clothes retailer Zappos, died in a home hearth in New London, Conn., in 2020. Whereas he struggled with substance abuse, health workers dominated his loss of life an accident. Hsieh was simply 46 years outdated.
Since then, Hsieh’s internal circle has spent years combating in court docket over his property, which was value lots of of thousands and thousands of {dollars}. Most of his fortune got here from Hsieh’s 2009 sale of Zappos to Amazon for $1.2 billion, and Hsieh had apparently left sticky notes throughout his Park Metropolis, Utah, residence, promising thousands and thousands to mates and former colleagues.
However in a shock twist, it appears as if an authentic will—signed by Hsieh and 5 witnesses, dated March 13, 2015—has been found.
In response to a submitting from the Clark Nation District Court docket in Nevada, the doc was present in February within the private belongings of a person who suffered from Alzheimer’s illness, named Pir Muhammad. It’s not clear how Muhammad and Hsieh knew one another, however the court docket submitting says Muhammad (who didn’t know Hsieh had died) was given “exclusive possession” of the unique will to forestall any tampering. Muhammad was additionally one of many 5 witnesses who signed the need; one other witness, named Ishrat Daud, advised the Wall Avenue Journal he certainly acted as a witness “a number of years ago” however had nothing extra to say on the matter.
The latest court docket submitting additionally talked about a video recording was made, nevertheless it’s unclear if the video was additionally discovered, and what’s even featured on the video. The following scheduled listening to for this case, on Could 22, could shed extra mild on the matter.
As for the need itself, Hsieh left $3 million to Harvard College, his alma mater; $500,000 every to Unicef and the American Purple Cross; $250,000 every to the Buffett Basis, Americares Basis, and the Gates Basis; $1 million to his trustee, Muzammal Hussain, and STRYV365, a nonprofit devoted to serving to younger folks navigate and take care of trauma; and $500,000 every to his mom, Judy, father Richard, and brothers Andrew and David.
The may even reportedly features a no-contest clause that claims if any of his 4 remaining members of the family combat Hsieh’s needs, none of them will obtain any of his presents.
“I have structured my way of surprising and leaving essentially all my beneficiaries to experience the ‘WOW’ factor in their life,” the purported will says. “I want my beneficiaries to ‘live in the wow.’”
This story was initially featured on Fortune.com
