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February 2013

Duke Heirs Caught In Billion-Dollar Fortune Battle

How many people would jump at the chance to trade places with 15-year-old twins who stand to inherit one billion dollars in six years?  Don’t raise your hands too fast.  

Doris Duke

Georgia Inman and Walker Patterson Inman III would seemingly have a charmed life, being the only living heirs to the Duke family fortune.  That’s right — Duke, as in Doris Duke, Duke University, and Duke EnergyCorporation.Yet Georgia and Walker were recently suspended from a private school in Utah for about $25,000 in unpaid tuition and late fees.  Perhaps one billion dollars doesn’t buy as much as it used to.

The sad reality is that Georgia and Walker have spent most of their lives caught in the middle of various legal battles. Their mother is Daisha Inman, who now has custody of them.  She’s been battling in court against JPMorgan Chase for the last several months over the twins’ trust funds.

The twins’ late father, Walker P. Inman, Jr., was Doris Duke’s nephew.  During his divorce proceedings with Daisha, he reported to a court that Georgia and Walker would inherit around one billion dollars when they turn 21.

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