Karl Lagerfeld’s Cat Set To Inherit £150 Million
Although the fashion world is mourning the loss of a fashion great, they were not shocked by the news that his pet cat is set to receive a huge portion of his estate.
The cat, already famous in her own right with a healthy Instagram following of 128,000 and accruing earnings in excess of £2 million from ad campaigns for Vauxhall and a Japanese beauty product, has certainly lived the life of luxury since she was abducted from her original model owner by Lagerfeld in 2011.
During a 2013 interview with CNN, Lagerfeld was famously quoted as being in love with his feline friend, saying “There is no marriage, yet, for human beings and animals. I never thought that I would fall in love like this with a cat.”
Following this, Lagerfeld has stoked the fire of speculation by claiming “She has her own little fortune, she’s an heiress,” during a 2015 interview and confirming that Choupette would be “Among others,” in his inheritance, before joking that his loved ones should not “worry, there is enough for everyone.”
Debbie Ugbo, Wills and Probate specialist at law firm Slater and Gordon, commented: “A cash gift left directly to a pet upon death will fail as animals cannot own cash or legally receive an inheritance. The Executors/Trustees of an estate can however hold money assigned to pets on trust with the direction that the money is used to pay for the pet’s care, maintenance and other expenses.
“This can be achieved by leaving a cash gift to a friend, relative or trusted person, on the understanding that the money will be used to look after an animal.
“For anyone thinking of doing that, we always recommend they speak to the person first and get their consent that they are happy to take on that responsibility.”
Whilst it may be impossible in the UK, it is thought that if the correct legal arrangements are made, Choupette could be set to inherit the majority of the fortune under German law.
Although Choupette may become the richest cat alive, many will look forward to finding out who becomes the carer for Choupette and her substantial inheritance.