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Luigi Mangione's Grandmother Left Huge Inheritance, Arrest Could Cut Him Off | TMZ Live
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1 year ago
Luigi Mangione's grandmother left behind tens of millions of dollars to her family ... but now there's a strong chance Luigi will be iced out of the will after being charged with murder.
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00:00
Part of the fascination with Luigi Mangione,
00:02
the alleged murderer of UnitedHealthcare CEO Brian
00:06
Thompson, is what we know so far about his background.
00:10
And we found out something very interesting about his family.
00:13
When I say his background, it is puzzling to people
00:17
how someone ended up in this position
00:19
that he is in when they come from the place of privilege
00:24
that he is.
00:25
Luigi Mangione is from a very wealthy family in Maryland,
00:31
was raised very in a great, had a great upbringing, right,
00:36
and was valedictorian at his private high school.
00:39
Right.
00:40
I think a lot when a lot of people
00:41
were trying to figure out his motive,
00:42
Charles, you say, OK, you know, this
00:43
would likely be somebody who struggled with money,
00:45
didn't have, you know, wasn't set financially.
00:47
That was not the case.
00:48
Because it doesn't make sense, because it's not adding up
00:51
as part of why people want to know what happened here.
00:54
Where did things go?
00:56
Where did he make this turn?
00:57
Yeah.
00:58
Well, we found out something about his,
01:01
just exactly what is on the line here for him.
01:03
Obviously, his freedom, being in prison
01:07
for the rest of his life if he's convicted.
01:09
But just his arrest has already cost him
01:12
millions and millions of dollars.
01:14
And that's because we found out something
01:16
about his family's inheritance.
01:19
And his grandmother, Mary Mangione,
01:22
passed away last year.
01:24
And what we found out is that the details of her will,
01:27
she has spelled out things that I don't think
01:30
she was being prophetic when she put these clauses
01:35
into her will.
01:36
But she had no time for people in her family crossing the law,
01:43
crossing the line with the law.
01:45
Exactly right, Charles.
01:46
So she had a provision.
01:47
It appears it's a little difficult to tell
01:49
exactly how much money she was worth the time
01:51
that she died in 2023.
01:53
But it's somewhere north of $30 million.
01:55
And it could be as high as over $100 million.
01:59
She left it to her 10 children, including Luigi's father.
02:03
And eventually, that money would trickle down
02:05
to the other descendants, the grandchildren.
02:07
But she included in the will a very specific clause
02:11
that we haven't really seen before,
02:13
which gave the trustees, there are four trustees,
02:16
Luigi's father being one of them, the discretion
02:19
and encouraged them that if any of the grandchildren
02:22
were to ever be charged, indicted, or convicted
02:27
of a crime, that they be excluded from the will.
02:30
And she specifically said, in the case of a violent crime
02:34
or a heinous crime, she strongly encouraged the trustees
02:37
to exclude the descendants, which would obviously
02:39
now include Luigi.
02:41
So just the fact that he's been charged with the murder
02:44
is enough for him to be cut off from the family's money.
02:47
And look, we're still trying to sort out
02:51
exactly what his relationship was with his family.
02:55
And we know he's been estranged from them
02:57
for several months at least.
03:00
But this now means that he could be cut off.
03:03
Now, Jason, it is up to, you said it's up to,
03:06
the trustees have discretion.
03:08
One of those trustees is his father.
03:10
Yeah, it is an interesting position
03:12
because there's no innocent until proven guilty in her will
03:16
and she can do whatever she wants with her will.
03:17
She's not waiting to make sure that there's a conviction.
03:20
She's saying even at the time of just the charge,
03:22
they can cut him off.
03:23
Presumably his inheritance could be used
03:26
to pay for his defense, which will likely run
03:29
into the hundreds of thousands, if not millions of dollars
03:31
by the end of the day.
03:33
And so, I mean, this is a wealthy family.
03:35
They'll find assets in other places,
03:36
but nevertheless, it's interesting.
03:39
Yeah, Jason, is it just up?
03:40
I mean, is this solely a decision that the trustees,
03:43
including his dad, will make?
03:45
I mean, can they just completely ignore
03:47
grandma's instructions if they want to?
03:49
Yeah, they're not really phrased as instructions, Mike.
03:51
They are phrased as wishes.
03:54
She says, I would like for you,
03:56
I forgot the exact wording, but something along the lines
03:58
of I strongly encourage you.
04:00
But ultimately, she could have said,
04:02
absolutely, I refused and no money will trickle
04:05
to any descendant.
04:06
But she was bright enough to know that there are nuances
04:08
in every situation and I don't wanna have
04:10
that kind of restriction, so she left it to the trustees
04:12
to do what they will.
04:13
Which means Luigi's father now has to figure out
04:17
if this is one of those nuances.
04:19
And it almost puts him in a position of being
04:22
judge and jury, at least, of his son,
04:25
at least in the instance of his inheritance.
04:27
Is this a nuanced thing?
04:30
I mean, I guess if his father doesn't believe
04:33
Luigi did it, I guess even if he believed he did it,
04:37
he could still make the decision.
04:38
Yeah, I was gonna say, even if my kid did a crime,
04:41
there's no amount of money I wouldn't spend
04:42
to see them get the best treatment they possibly could get.
04:44
But also, remember, there are four trustees.
04:46
They're gonna have, this is a point of negotiation.
04:49
One of them can't just override the other three.
04:51
So, I mean, who knows what the inner workings
04:54
of this family are?
04:55
And it could be that it's a negotiation
04:57
between the various trustees.
04:59
Hi, I'm Brianna from New Jersey.
05:01
I think that he's not gonna get it
05:03
the way it's looking right now,
05:04
but we've seen stranger things happen.
05:06
Look at the state of this country.
05:08
But I say shout out to the grandmom
05:11
for the stipulations and the wishes
05:12
that she put on her will.
05:14
That says a lot about her character.
05:17
But I think it's up to the trustees.
05:19
I don't know what his relationship is with his dad.
05:22
My parents would be pretty mad.
05:24
I don't know.
05:25
It's not looking good.
05:26
It is going to create an interesting family dynamic
05:29
to sort that out once the trial is-
05:32
Right, it's interesting, too,
05:33
because you say a heinous crime.
05:34
Well, a lot of the country seemingly doesn't think
05:36
this was heinous.
05:37
I don't get it, but-
05:38
Which is also bizarre.
05:40
I don't get it.
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