What is Mary Austin's net worth?

Mary Austin is an English singer-songwriter who was in a relationship with Freddie Mercury, the lead singer of the rock band Queen, from 1970 until his death in 1991. Austin inherited half of Mercury's estate, which was valued at 75 million (US$135 million) at the time of his death. This made her one of the wealthiest women in the United Kingdom. Austin has since invested her money wisely and her net worth is now estimated to be in the region of 150 million (US$225 million).

Austin's net worth is significant because it gives her financial security and independence. She is able to live a comfortable lifestyle and pursue her interests without having to worry about money. Her wealth also allows her to support charitable causes that are close to her heart.

Mary Austin was born in Fulham, London, England, on 3 March 1951. She met Freddie Mercury in 1970, when she was working as a shop assistant in Biba. They began dating and moved in together in 1973. Austin and Mercury were together for six years before they broke up in 1976. However, they remained close friends and Austin continued to live in Mercury's home until his death.

After Mercury's death, Austin inherited half of his estate, which included his home in Garden Lodge, Kensington, London, and his recording royalties. She also received a large sum of money from Mercury's insurance policy.

Austin has used her wealth to support a number of charitable causes. She is a patron of the Mercury Phoenix Trust, which was founded by Mercury's former bandmates to raise awareness of AIDS and HIV. She has also donated money to other charities, including the Elton John AIDS Foundation and the Terrence Higgins Trust.

Mary Austin Net Worth

Mary Austin's net worth is estimated to be around US$150 million. This wealth has allowed her to live a comfortable lifestyle and support charitable causes close to her heart. Here are six key aspects of Mary Austin's net worth:

Inheritance from Freddie Mercury
Investment income
Property assets
Philanthropy
Financial security
Legacy

Mary Austin inherited half of Freddie Mercury's estate, which was valued at US$75 million at the time of his death. This inheritance included his home in Garden Lodge, Kensington, London, and his recording royalties. Austin has since invested her money wisely and her net worth has grown to an estimated US$150 million. She has used her wealth to support a number of charitable causes, including the Mercury Phoenix Trust, which was founded by Mercury's former bandmates to raise awareness of AIDS and HIV.

1. Inheritance from Freddie Mercury

Mary Austin inherited half of Freddie Mercury's estate, which was valued at 30 million (US$75 million) at the time of his death in 1991. This inheritance has been a major factor in Austin's net worth, which is estimated to be around 125 million (US$150 million) today.

Assets
Mercury's estate included a number of valuable assets, including his home in Garden Lodge, Kensington, London, and his recording royalties. Austin inherited half of these assets, which have increased in value over time.
Investments
Austin has invested her inheritance wisely, and her investments have grown significantly over the years. She has a diversified portfolio that includes stocks, bonds, and real estate.
Philanthropy
Austin has used her wealth to support a number of charitable causes, including the Mercury Phoenix Trust, which was founded by Mercury's former bandmates to raise awareness of AIDS and HIV. She has also donated money to other charities, including the Elton John AIDS Foundation and the Terrence Higgins Trust.
Lifestyle
Austin's inheritance has allowed her to live a comfortable lifestyle. She lives in a large house in London and has a number of other properties around the world. She also enjoys traveling and spending time with her family and friends.

Austin's inheritance from Freddie Mercury has had a major impact on her net worth. She has used her wealth wisely and has been able to live a comfortable lifestyle and support a number of charitable causes.

2. Investment income

Investment income is a major component of Mary Austin's net worth. She has invested her inheritance from Freddie Mercury wisely, and her investments have grown significantly over the years. She has a diversified portfolio that includes stocks, bonds, and real estate.

Stocks
Austin has invested a significant portion of her wealth in stocks. Stocks are shares of ownership in a company, and they can provide investors with a return on their investment in the form of dividends and capital gains. Austin's stock portfolio is likely to have grown in value over the years, as the stock market has generally trended upwards.
Bonds
Austin has also invested in bonds. Bonds are loans that investors make to companies or governments. In return for lending money, investors receive interest payments. Bonds are generally considered to be less risky than stocks, but they also offer lower returns.
Real estate
Austin has invested in a number of properties around the world. Real estate can be a good investment because it can generate rental income and appreciate in value over time. Austin's real estate portfolio is likely to have grown in value over the years, as the real estate market has generally trended upwards.

Austin's investment income has helped her to increase her net worth and live a comfortable lifestyle. She is able to use her investment income to cover her living expenses, and she also has the financial freedom to pursue her interests and support charitable causes.

3. Property assets

Property assets are a major component of Mary Austin's net worth. She owns a number of properties around the world, including a large house in London and a holiday home in Spain. Her property assets are likely to have grown in value over the years, as the real estate market has generally trended upwards.

Residential properties
Austin owns a number of residential properties, including her main home in London and a holiday home in Spain. These properties are likely to have increased in value over the years, as the real estate market has generally trended upwards.
Commercial properties
Austin also owns a number of commercial properties, including a retail space in London and an office building in New York City. These properties generate rental income, which contributes to Austin's net worth.
Land
Austin owns a number of plots of land, including a large estate in the English countryside. Land can be a good investment because it can appreciate in value over time. Austin's land holdings are likely to have increased in value over the years.

Austin's property assets have helped her to increase her net worth and live a comfortable lifestyle. She is able to use the rental income from her commercial properties to cover her living expenses, and she also has the financial freedom to pursue her interests and support charitable causes.

4. Philanthropy

Philanthropy is an important part of Mary Austin's life. She has used her wealth to support a number of charitable causes, including the Mercury Phoenix Trust, which was founded by Mercury's former bandmates to raise awareness of AIDS and HIV. Austin has also donated money to other charities, including the Elton John AIDS Foundation and the Terrence Higgins Trust.

Support for the arts
Austin has been a patron of the Royal Opera House and the English National Opera. She has also supported a number of young musicians and artists.
Support for AIDS and HIV charities
Austin has been a major supporter of the Mercury Phoenix Trust since its inception. She has also donated money to other charities that support people living with AIDS and HIV.
Support for animal welfare
Austin is a patron of the RSPCA and has donated money to a number of other animal welfare charities.
Support for education
Austin has donated money to a number of schools and universities. She is also a patron of the Prince's Trust, which helps young people to get into education and employment.

Austin's philanthropy has made a real difference in the lives of many people. She is a generous and compassionate woman who is committed to helping others.

5. Financial security

Financial security is a state of having enough financial resources to meet one's needs and live comfortably. It is a complex concept that encompasses a number of factors, including income, savings, investments, and debt. Mary Austin's net worth is a major factor in her financial security. Her wealth allows her to live a comfortable lifestyle and pursue her interests without having to worry about money.

Income
Mary Austin's income comes from a variety of sources, including her investments, property assets, and royalties from Freddie Mercury's music. She has a steady income that allows her to cover her living expenses and save for the future.
Savings
Mary Austin has a substantial amount of savings. She has been saving money for many years and has been able to accumulate a large nest egg. Her savings provide her with a financial cushion and give her peace of mind.
Investments
Mary Austin has invested her money wisely and has a diversified portfolio that includes stocks, bonds, and real estate. Her investments have grown significantly over the years and have helped to increase her net worth.
Debt
Mary Austin has very little debt. She has paid off her mortgage and has no other outstanding loans. This gives her financial flexibility and allows her to live a debt-free lifestyle.

Mary Austin's financial security has allowed her to live a comfortable and fulfilling life. She is able to pursue her interests, travel the world, and support her loved ones. Her financial security has also given her the peace of mind to know that she will be able to take care of herself and her family in the future.

6. Legacy

Mary Austin's net worth is a testament to her enduring legacy. Her relationship with Freddie Mercury, her inheritance from his estate, and her wise investments have all contributed to her financial success. However, her legacy extends far beyond her wealth. She is also remembered for her kindness, compassion, and generosity.

Philanthropy
Mary Austin has used her wealth to support a number of charitable causes, including the Mercury Phoenix Trust, which was founded by Mercury's former bandmates to raise awareness of AIDS and HIV. She has also donated money to other charities, including the Elton John AIDS Foundation and the Terrence Higgins Trust. Her philanthropy has made a real difference in the lives of many people and has helped to ensure that Mercury's legacy lives on.
Support for the arts
Mary Austin has been a patron of the Royal Opera House and the English National Opera. She has also supported a number of young musicians and artists. Her support for the arts has helped to ensure that future generations can enjoy the same beauty and inspiration that she has experienced.
Inspiration
Mary Austin's story is an inspiration to many people. She has shown that it is possible to overcome adversity and achieve great things. Her strength, resilience, and kindness have made her a role model for many people around the world.

Mary Austin's legacy is one of kindness, compassion, and generosity. She has used her wealth to make a positive difference in the world and has inspired many people with her story. She is a true role model and her legacy will continue to inspire people for generations to come.

FAQs about Mary Austin's Net Worth

Here are five frequently asked questions about Mary Austin's net worth:

Question 1: How much is Mary Austin's net worth?

According to recent estimates, Mary Austin's net worth is around 150 million (US$225 million).

Question 2: How did Mary Austin inherit so much money?

Austin inherited half of Freddie Mercury's estate, which was valued at 75 million (US$135 million) at the time of his death in 1991.

Question 3: How has Mary Austin invested her money?

Austin has invested her money wisely in a diversified portfolio that includes stocks, bonds, and real estate. Her investments have grown significantly over the years, helping to increase her net worth.

Question 4: What does Mary Austin do with her wealth?

Austin uses her wealth to support a number of charitable causes, including the Mercury Phoenix Trust, which was founded by Mercury's former bandmates to raise awareness of AIDS and HIV. She also supports the arts and has donated money to a number of schools and universities.

Question 5: What is Mary Austin's legacy?

Conclusion

Austin's story is an inspiration to many people. She has shown that it is possible to overcome adversity and achieve great things. Her strength, resilience, and kindness have made her a role model for many people around the world. Her legacy will continue to inspire people for generations to come.