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Home / Entertainment

Frances Bean Cobain's huge monthly inheritance revealed

news.com.au
29 Sep, 2017 03:51 AM2 mins to read

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Frances Bean Cobain receives a huge monthly payout thanks to her late father. Photo / Getty Images

Frances Bean Cobain receives a huge monthly payout thanks to her late father. Photo / Getty Images

Kurt Cobain's daughter Frances Bean receives a mammoth monthly pay cheque from her late father's estate, it has been revealed.

The 24-year-old daughter of the Nirvana frontman and controversial rocker Courtney Love has split with her husband of Isaiah Silva, and nasty divorce proceedings have laid bare her financial situation, news.com.au reports.

The Blast reports that documents presented in the divorce proceedings outline Cobain's income between July 2016 and June 2017. In that time, she received $8639 ($US6784) per month in dividends - and an eye-watering monthly payment of $121,624 ($US95,496) for her late father's publicity rights.

That's a monthly income of more than $US100,000 - but remarkably, it doesn't appear to be enough for the fledgling visual artist and model, who lists her spending as $US206,000 per month.

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However, the daughter of rock royalty still has a deep well of cash to fall back on - she's worth $US11.3 million in stocks, bonds and property, and also has a gigantic stake in Nirvana's music rights.

Cobain's protracted divorce proceedings from Silva have been filled with bizarre twists: Last year her ex hired the same private detective that Courtney Love employed to investigate Kurt Cobain's death, to protect his family from Love and her manager Sam Lutfi.

Silva is reportedly requesting $US25,000 a month in spousal support as compensation for the "hell" he allegedly suffered at the hands of Love and Lutfi.

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Cobain's daughter's huge monthly inheritance revealed

29 Sep 11:19 PM
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