Richard Robinson Net Worth At The Time Of His Death

Richard Robinson Net Worth

Billionaire dies and leaves his family out of his inheritance to give everything to his lover.

She has now inherited a company worth $1.2 billion, according to the Associated Press. The company says it distributes 1 out of every 3 children’s book in the United States.

The company is publicly traded and has an estimated net worth of around $ 1.2 billion, according to the AP. The company’s net worth dropped from $1.6 billion in 2016, but surged from its value of about $800 million in 2020, according to the AP.

It is about 1,200 million dollars that appear as an inheritance for the lover of Richard Robinson (84), Iole Lucchese, a woman 30 years younger.

Richard Robinson, the owner of the Scholastic publishing house, left out of his inheritance all his relatives except his lover, who is listed as the beneficiary of 1.2 billion dollars.

Is about more than 935 billion Chilean pesos, which appear as a destination for his lover, Iole Lucchese, a 54-year-old woman.

Robinson died suddenly at the age of 84 and his inheritance did not include beneficiaries or his ex-wife, his two children or his brothers, but the woman 30 years younger than his close circle had no information.

In fact, most of the relatives found out about its existence when reviewing the inheritance .

According to TWSJ, Ben Robinson, one of Richard’s sons, compared his father’s decision to “adding salt to an open wound. “

And it is that the duel for the departure of his father was added that the extramarital relationship of Richard and Lucchese had ended years ago, but it was not like that.

For now, the family of the owner of Scholastic hopes to reach a “friendly result” with the woman and do not rule out taking legal action, because the lover of the businessman has been left as the owner of all personal possessions, including the publishing firm.

Richard Robinson Died

Richard Robinson, president and CEO of Scholastic Inc, the publisher that published popular fiction series such as Harry Potter and The Hunger Games in the US, has died at age 84, the company announced in a statement.

The text notes that Robinson died this Saturday “unexpectedly” since he was in “excellent” health, after having led the company and supervised its daily operations for five decades.

“We are deeply saddened by the sudden passing of Dick Robinson. Dick was a true visionary in the world of children’s books and a tireless advocate for children’s education,” the company’s board of directors said in the statement.

Scholastic, founded in 1920 and considered the world’s largest publisher and distributor of children’s books, has the US distribution rights to both the Harry Potter series, written by Britain’s JK Rowling, and The Hunger Games. by Suzanne Collins, as well as “Clifford the Big Red Dog,” “Goosebumps,” “The Magic School Bus,” “Captain Underpants,” and “I Spy,” plus school books and magazines.

Robinson, son of the founder, Maurice Robinson, was appointed president of the company in 1974, ten years after joining the company, and in 1975 he was elected CEO, two positions he held until his death.

Born in Pittsburg, Pennsylvania, Robinson studied at Harvard University, and under his leadership, Scholastic began its expansion into Canada, the United Kingdom, Australia, New Zealand, and Asia.

The company, which according to its website sells one in three schoolbooks sold in the US, exports its products to a total of 150 countries in 65 different languages and has more than 9,000 employees worldwide.