Nora Ephron was boffo in stock market, left huge estate
05:00 AM, Oct 01, 2013
Writer/director Nora Ephron, whose death last year shocked Hollywood and New York film and literary colonies, was a hit at the box office when she was alive, and now it turns out she was a hit at the stock market, too, according to NBC News.
The network got hold of court documents that show Ephron left a massive estate of up to $27 million almost double the estimate she made in her will after making millions on the stock market.
“You’ve got money: Hollywood scribe Ephron made a fortune on the stock market,” the network blared on its online site late today.
Ephron had more than $10 million in stocks and real estate investments by the time she died at 71 in June 2012 of acute myeloid leukemia, the documents showed.
Ephron was savvy enough to invest in Internet ventures early, before they became blockbusters, amassing $642,000 in Apple shares, over $110,000 in Google and $89,000 in Amazon, according to the documents.
Plus, she made plenty of money writing and/or directing such romantic comedy hits as When Harry Met Sally …, Sleepless in Seattle, You’ve Got Mail, and Julie & Julia.
Her property portfolio, including a Beverly Hills bungalow, an East Hampton mansion and a Manhattan co-op, totaled just above $12 million, while her personal belongings and cash totaled about $4 million, the documents show.
The daughter and sister of Hollywood screenwriters, Ephron started out in New York as a journalist with a memorably droll, ironic style, then moved on to equal success as a scriptwriter and later as a director.
Her will, filed last September, left most of her estate approximately $22 million to her husband, producer/writer Nicholas Pileggi, author of Wiseguy and screenwriter on the film Goodfellas adapted from it. Ephron also left money to her two sons, her sisters, nieces, nephews and staff.