(Image Source:  MSNBC)

 

BY LAUREN ZIMA

 

New documents filed in a court battle where $400 million is at stake reveal the reclusive life of copper heiress Huguette Clark.

You’ve heard of The Great Gatsby and Grey Gardens, but you probably haven’t heard of Clark -- and she wanted it that way. The very private heiress died in May at age 104. In the months before her death, MSNBC began investigating how her fortune was handled. Clark’s family had complained that her lawyer and accountant had cut them off from contact with her.

 

The New York Post has the story on the first documents in the case.

“Investigators ... are focused on the management of Clark’s $400 million fortune … As part of those probes, a judge ordered [her lawyer and accountant] to account for every penny they spent in Clark’s name as they handled her affairs … the 2,800-page accounting … offers the first detailed glimpse of the mysterious millionairess’ financial and emotional life.”

That document, which covers spending in the last 14 years of Clark’s life, reveals just how reclusive she had become. These photos are of her 52-acre, $24 million Connecticut estate, but she hadn’t been there in years. The New York Times explains.

“Mrs. Clark was from her 30s onward an antisocial socialite, an enigmatic figure whose closest companions were her mother and her dolls.  … She ate … crackers and sardines and watched television, most avidly ‘The Flintstones.’”

Indeed, she had a priceless collection of thousands of dolls and a 42-bedroom apartment on Fifth Avenue worth $100 million, but Clark had lived under an alias in hospitals since the 1980s, even when her health was good.

The document reveals that, while Clark was living in that simple hospital room, she was supposedly spending $1 million a month. In addition, her lawyer and accountant spent $123.6 million of her money in 14 years.

In a story from May, NBC explains how the pair first raised eyebrows.

“Wally Bock quietly arranged to sell Clark’s rare Stradivarius violin for $6 million, and her Renoir painting for $23.5 million. Now investigators want to know -- where did the money go?”

Clark’s lawyer and accountant were also left another $17 million in her will, but her family got nothing. For now, her assets are frozen as the legal battle continues.

 

U.S. News: Huguette Clark Leaves Millions to Maid

Reclusive Heiress' $400 Million Fortune at Stake

November 21, 2011
(2:12)
New documents in the battle for Huguette Clark's fortune reveal the reclusive existence of a millionairess -- and how she might have been scammed.
   
TRANSCRIPT

To leave a comment, please log in with Facebook Connect or your Newsy account. Register here to create one.
MOST RECENT|MOST POPULAR|MOST COMMENTED|HIGHEST RATED

Top News Headlines: Afghan Officials: Airstrike Kills Family
More headlines: Four NATO troops killed in roadside bomb attacks; Syrian rebels call for Houla retaliation; rebel groups in Mali join forces.
(1:25)
May 27, 2012
PayPal Extends In-Store Purchasing
PayPal teams up with 15 new retail stores providing users with a new way to shop.
(1:48)
May 27, 2012
Knicks Hire Woodson as Head Coach
The New York Knicks removed the interim tag from now-head coach Mike Woodson. Woodson signed for what is believed to be a three-year deal as coach.
(1:46)
May 27, 2012
Internet Defense League Will Use Cat Signal to Protect Web
The group hopes to build a network that can be summoned to fight internet legislation like SOPA.
(1:48)
May 27, 2012
NASA Warns Lunar Explorers Not to Touch its Stuff
The space agency declared the area around its moon artifacts to be protected zones, asking other explorers to keep away.
(1:49)
May 27, 2012
Controversy Over Erotic Best Seller ‘50 Shades of Grey’
Libraries struggle whether to ban the book, which they say qualifies as erotica but is also one of the most checked-out books.
(2:23)
May 27, 2012
Pope's Butler Arrested Over Leaked Vatican Documents
The Pope's butler is accused of leaking confidential Vatican files to Italian media.
(1:35)
May 26, 2012
Alternate Juror Flirts with John Edwards
A female juror has been outwardly flirting with John Edwards during his trial - and Edwards has actually been responding.
(1:17)
May 26, 2012
Top News Headlines: Obama to Honor Vets on Memorial Day
More headlines: Memorial Day gas prices lower, yet still high; Experts suspicious of Iran's nuke program; Southeast braces for Beryl.
(1:25)
May 26, 2012
49ers' QB Smith Criticized for Cam Newton Comments
Smith downplayed the Panther's QB's accomplishments last year, which wasn't too popular with Newton's teammates.
(2:04)
May 26, 2012
Syrian Crisis Continues with Massacre in Houla
An attack on the Syrian town of Houla killed at least 90 people on Saturday, including around 25 children.
(1:28)
May 26, 2012
New York School Cancels Prom Condom Giveaway
A high school in New York planned to give out 500 condoms at prom to promote safe sex, but the principal changed his mind.
(1:55)
May 26, 2012
10-year-old Regains Hearing with Cochlear Implant
The implant works like a traditional hearing aid, but with higher auditory success.
(1:49)
May 26, 2012
Video from Google's Project Glass Released
Google released the first video from its Project Glass reality headset.
(1:15)
May 26, 2012

Newsy

www3
...