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Amy Winehouse’s estate valued at £2 million at the time of her death

by Nicole
September 5, 2011 at 3:44 am

The soul singer was worth just over £2 million when she died on July 23, leaving many to question what happened to the rest of her fortune.

Despite being included in The Sunday Times Rich List in 2008 with an estimated fortune of £10 million, the accounts for two companies that she owned show that the figures have lowered.

According to annual accounts on her two companies, Cherry Westfield was worth £2,004,963 at the end of last November, while CW Touring had £8,032.

Sources close to the singer said she spent thousands on drinks and drugs.

“Even though Amy spent thousands on drink, drugs and hangers-on, she was still a rich young woman,” a source said. “Had she beaten her issues with drink, she would almost certainly have lived a worry-free and comfortable life. It is sad that having beaten drugs, she never got a chance to enjoy the money she worked so hard to produce.”

Toxicology results revealed that Winehouse had no illegal substances in her body at the time of her death.

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