Steve Bing burned through all but $300K of $600 million inheritance

Steve Bing's death officially ruled suicide

Steve Bing — who inherited $600 million from his real-estate developer grandfather at the age of 18 — only had about $300,000 left to his name at his death, leaving him relatively broke, a new article in Town & Country reveals.

Bing committed suicide in Los Angeles in June at the age of 55. In September, a judge ruled that his estate would be administered by Kira Kerkorian, his daughter with tennis pro Lisa Bonder. The money was meant to be bequeathed to the Clinton Foundation, but the estate has several debts to settle first.

Bing, a Hollywood producer, had substance abuse issues, but according to the article had been sober for several months before his death and had been speaking with a therapist twice a day. He had also reconnected with Damian, his son with actress Elizabeth Hurley.

“There were two of him,” an ex-lover told the mag. “He could be charming, generous, kind, the life of the party, but at the end of the day he went home alone. He was a very lonely guy.”

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