Oscar de la Renta’s only son inherits only a small portion of $26 million fortune

 

Oscar de la Renta and Moises de la Renta
Oscar de la Renta and Moises de la Renta (Shutterstock.com)

Legendary Dominican couturier Oscar de la Renta died on Oct. 20, 2014, at age 82, following a battle with cancer. Details of his will have been made public regarding his $26 million estate. It reveals he left a hefty chunk to his wife, Annette Engelhard, whom he married in 1989, including a $13 million, apartment in New York City on Manhattan’s posh Park Avenue, a $2.8 million home in Kent, Connecticut, and his estate in the Dominican Republic.

His only son, Moises, 30, an orphan, was adopted in 1983 by the designer following the death of his first wife, Françoise de Langlade. The pair had a falling out in 2009 when Moises announced he was creating his own collection, MDLR Black — which would “bring the de la Renta aura to a younger crowd.” Oscar criticized his son’s collection in an interview with New York magazine saying, “Moises did a little line, five or six pieces. But that doesn’t make a fashion designer.”

Moises and Oscar’s three stepchildren will split the remainder of the estate. It’s reported if Moises attempts to contest the will, he will be cut off completely.

Oscar’s son-in-law Alex Bolen operates as chief executive officer, and step-daughter Eliza Bolen serves as vice president of licensing, at Oscar de la Renta, LLC.

A philanthropist, the designer established La Casa del Nino for underprivileged children in his native Dominican Republic in 1982. He was dubbed an unofficial ambassador.

Oscar de la Renta was beloved by royalty, first ladies and Hollywood celebs. Check out the gallery below to see who has rocked his designs.

Yvette Caslin
Yvette Caslin

I'm a writer, image architect & significance marketer. Love photojournalism, creative expression & originality.





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