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Here's Who Inherited Arnold Palmer's Money After He Died

Arnold Palmer died from heart problems at the age of 87 in 2016. Per the Pittsburgh Post-Gazette, when it came to his will, he left his estate to his second wife, two daughters, his foundation, and employees that he picked to be beneficiaries. His second wife, Kathleen Palmer, got $10 million, eight employees got $25,000 each, and he left $15 million for his foundation, Arnie's Army. His daughters, Amy P. Saunders and Margaret P. Wears, got the rest of his estate. 

His life trajectory was a fascinating one. He was far from being an athlete who made money from his skills. He earned enough to live more than comfortably ($3.5 million), but it was his keen sense of entrepreneurship that propelled him into the stratosphere of wealth. His business acumen helped pave the way for other super-rich athletes like Michael Jordan and LeBron James, per The Street.

Palmer still makes money even in death, according to Forbes. His name still has that much impact. And yes, people still enjoy drinking Arnold Palmers to this day. 

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Abbie Anker

Update: 2024-05-18