Lou Reed Leaves Millions To His Family

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June 30, 2014 | 7:34am EST

Music legend Lou Reed left an estate worth in excess of $30 million to his family, according to a report.
The veteran rocker died in October at the age of 71 after a battle with liver disease, and court documents seen by editors of the New York Post show Reed’s longtime manager, Robert Gotterer, has documented around $20 million in “money and other property” in his role as estate executor.
The sum reportedly does not include another $10 million which has been earmarked for Reed’s heirs, as well as insurance policies and pension funds.
The Perfect Day star left his wife Laurie Anderson two homes, a $7 million penthouse in New York City, and a $1.5 million house in the Hamptons, as well as jewelry, art, cars and boats.
Reed also asked for $500,000 to be allocated for his elderly mother’s care, while his sister Margaret Reed Weiner is set to receive $5 million .

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