Poor Little Rich Boy: Jailbird Redmond O’Neal Left $4.5 Million By Late Mom Farrah Fawcett
Redmond, 33, who is currently facing 22 years in prison for allegedly stabbing a man in the face before robbing a convenience store, was left a total of $4.5 million, according to the late actress’s trust documents obtained by Radar.
The shocking financial documents spell out exactly how Redmond would receive the funds from the deceased Charlie’s Angels star. The money would be “held as a separate trust” and administered to him in installments.
“Trustee shall pay to or apply for the benefit of Redmond the entire net income of Redmond’s share of the Trust Estate in monthly or other convenient installments,” the documents stated.
The alleged criminal is not able to, however, apply for money from the trust “less frequently than quarterly” during his lifetime, the documents continued.
But the millions didn’t bring the famous celeb kid happiness and stability.
As Radar readers know, Ryan O’Neal and Farrah Fawcett’s troubled son is facing a total of 12 felony and misdemeanor counts for allegedly running a “crime spree” in Los Angeles beginning on May 2. He was arrested on May 8 after allegedly robbing a convenience store at knifepoint and stabbing a man in the face.
Fawcett’s son has struggled with sobriety in the past, Radar has reported. Last month, a family insider revealed that the actress’s son went “off the rails” following the death of his beloved lawyer and mentor.
Redmond lost his mother to cancer in 2009. In addition to his latest arrest, he has a long history of legal troubles and was last in prison in 2016 for a heroin-related incident.
Are you surprised Fawcett left her son so much money? Let us know in the comments!
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