Leona Helmsley, widely regarded as the “Queen of Mean” before she died at age 87 in 2007, left behind a fortune valued by some to be worth $40 to $80 billion. She earmarked twelve million dollars to take care of her dog, Trouble, until the Judge reduced it to a paltry $2 million.
Helmsley left most of the remainder of her billions to charity, specifically directing that her trustees were to use their discretion for what charitable purposes to benefit. But she also signed a Mission Statement that instructed the trustees to exercise that discretion first for “purposes related to the provision of care for dogs” and, only secondly, for “such other charitable activities as the Trustees shall determine.”
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