Perhaps this tale should be unsurprising considering it involves heirs of the tabloid fortune built around the concept: ”Inquiring minds want to know!” Two of the heirs of the tabloid founder, Generoso Pope, have engaged in dueling lawsuits for years — culminating in allegations of kidnapping, fraud, extortion, and even an arrest for criminal stalking. All between a son and his mother.
Generoso Pope was the founder of the National Enquirer. He died in 1988, leaving behind a will and trust that called for the company to be sold. Generoso’s youngest son, Paul Pope, desperately wanted to buy and run the tabloid, but was unable to raise enough money. Reportedly, it sold for $412.5 million, with $200 million going to Lois Pope — Generoso’s widow and Paul’s mother — and $20 million for each of the four children, including Paul.
According to Paul, about $186 million from the estate funded a marital trust created by Generoso. As would be typical of a marital trust, Lois was to receive all of the income from the trust while she was alive, and the rest would pass onto the children when she died.