Arnold Palmer’s Will Leaves $700M To Family, Charity

The golf world lost one of its greatest personalities in 2016, when the ‘King of Golf,’ Arnold Palmer, passed away at the age of 87.

 
Palmer’s will has recently been released, with his estimated $700 million fortune being spread between family, community, and charities.


Bullets

  • Daughters: The majority of Arnold Palmer’s estate will be split between his two daughters, Peggy and Amy.
  • Wife: His second wife, Kathleen, will receive $10 million
  • Winne: Some of the money will go towards a preschool and nature preserve honoring his late first wife, Winnie
  • Employees: Palmer also left money to his employees, with each of the eight receiving $25,000.
  • The Army: The Arnie’s Army Foundation, a charity founded by Palmer himself, will receive $10 million.
  • Children’s Charity: There was also a large donation to a hospital in Orlando, the Winnie Palmer Hospital for Women and Babies, in addition to the Arnold Palmer Hospital for Children

Quotable

“When you do it every day for 87 years, it’s genuine,” Hall of Famer Curtis Strange said. “You can’t fake it for 87 years. It was absolutely genuine in every way.”
Curtis Strange, Hall of Famer on the legacy of Arnold Palmer

Joel Cook

Joel Cook is Pro Golf Weekly's Lead Writer.



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