ABC long-term evening news anchor left a $50m estate
Wednesday 05 October 2005
The Canadian-born Mr Jennings, who was 67, updated his will in mid-April, two weeks after appearing ABC's evening news bulletin to tell viewers he was stricken with inoperable lung cancer and would be taking a break to undergo treatment. It was the last appearance. He had been ABC's main anchor since 1983.
The legacy will mostly benefit Mr Jenning's fourth wife, the television producer Kayce Freed. She is to receive 50 per cent of her late husband's assets, which include two racehorses, Channel Gate and Cabin Fever.
By the end of his career, Mr Jennings was draring an annual salary from Disney-owned ABC of $10m. Not bad for a reporter who started as lowly reporter on Canadian television before moving to the US and beginning work for ABC.
The balance of his assets will be left to two children from his third marriage. He also left $1m to the Peter Jennings Foundation, a charity he established to help the homeless and people with drug addictions.
ABC has indicated that it will announce a full-time successor to Mr Jennings in the next few weeks.
- 1 Hair loss explained: How and why men go bald
- 2 Game of Thrones season 6: Jon Snow theorists believe the Stark may have a twin sister
- 3 Artist takes LSD, draws herself over different stages of the 9-hour trip to show its effects
- 4 A pint of water every day is the key to losing weight, scientists say
- 5 Russia 'accidentally reveals' number of its soldiers killed in eastern Ukraine
Most expensive city to live in for expatriates: Luanda, Angola takes number one spot with Hong Kong and Zurich in top three
If Surrey were Syria: Social experiment shows what it's like to live under siege
Video of Irish 'professional boxer' fighting Istanbul neighbourhood goes viral in Turkey
Irish tourist filmed fighting with shopkeepers in Turkey says they 'messed with the wrong man'
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal get peerages
Dresden riots: Protesters in Germany attack refugee buses shouting 'foreigners out'
France train shooting: US soldiers speak of the moment they stopped gunman and 'beat him until he was unconscious'
Labour leadership: Jeremy Corbyn accused of 'deluding' young supporters with 'claptrap'
'Women only' train carriages: Jeremy Corbyn unveils radical move to tackle public harassment
Black holes are a passage to another universe, says Stephen Hawking
Iain Duncan Smith calls for urgent ESA overhaul as part of drive to cut down welfare costs
Negotiable: Recruitment Genius: This company is the holding company of an expa...
£25000 - £30000 per annum: Recruitment Genius: Setup, configure, troubleshoot,...
£15000 - £65000 per annum: Recruitment Genius: This is an exciting opportunity...
£18000 - £20000 per annum: Recruitment Genius: This is a fantastic opportunity...