An Archfortune

Zaha Hadid Leaves £67 million


The death in March 2016 of Zaha Hadid, of a heart attack at the age of at 65, was unexpected sad news. Since then there has been constant speculation about the future of her practice – which her business partner Patrik Schumacher has taken over the running of – and also about the net worth of her legacy. Today The Guardian, which has had access to the will left by the Iraqi-born British architect and artist, has helped to clear up some doubts. According to the London daily, Hadid left behind an estate which in 2016 was estimated at 67 million Sterling pounds (approximately 75 million euros). Of that, a lump sum gift of 500,000 pounds has been bestowed on Schumacher, and the same amount has been bequeathed to her older brother, Haytham Hadid. A total of 1.7 million pounds is to be divided among her four nieces and nephews. The rest of her fortune – which is actually the bulk of her wealth – will be used to create a trust fund, and this will be administered by four named executors: Peter Schumacher himself, the property developer Peter Palumbo, the artist Brian Clarke, and Rana Hadid, favorite niece of the deceased. In her will Hadid gave the executors legal authority, within a given time frame, to distribute the amount, urging them to reinvest a part of it in Zaha Hadid Architects. Another percentage is to be shared among “past, present, and future employees,” and the remainder is to go into charity organizations including the Zaha Hadid Foundation, an institution that was created with the purpose of promoting architecture in general and Hadid’s work in particular.

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