Shane Warne leaves bulk of $20.7 million estate to his children

Shane Warne leaves bulk of $20.7 million estate to his children

February 8, 2023

Celebrated Australian cricketer Shane Warne left an estate worth over $20 million including real estate worth $6.5 million, according to probate records that have just been released.

The legendary leg spinner, known as one of the world’s best cricketers, left the bulk of his estate divided into equal parts between his three children.

Shane Warne bowing to the crowd during an Ashes Test match at the Sydney Cricket Ground. Credit:Getty Images

The will in the probate documents that were granted this week by the Supreme Court of Victoria shows that after debts, taxes and costs, Warne left 31 per cent of his estate each to his children Summer, Jackson and Brooke Warne.

The will, dated December 3, 2021, does not mention the children’s mother, Warne’s ex-wife Simone Callahan.

Fans and friends around the world were shocked at the news in early March 2022 that Warne had collapsed and died from a suspected heart attack while on holiday in Koh Samui, Thailand.

Shane Warne’s children, Brooke, Jackson and Summer, accompany his coffin on a lap of honour around the St Kilda Football Club at his private funeral.Credit:Nine News

The probate documents reveal that $6.5 million in property Warne owned solely referred to Warne’s home in Duffy Street, Portsea, on the Mornington Peninsula south of Melbourne.

Warne also had a $1.2 million deposit on a property in The Esplanade in St Kilda, in Melbourne’s inner south.

He had $5 million in a Commonwealth Bank account, personal loans worth $1.3 million and a Mercedes Benz car worth $350,000.

Warne left a further 2 per cent of his estate to his brother, Jason Warne, and 2.5 per cent each to niece Tyla Warne and nephew Sebastian Warne.

Fans paying tribute to Shane Warne at his statue outside the MCG shortly after his death.Credit:Getty Images

In the will, Warne bequeaths his car collection to son Jackson Warne.

Warne’s death certificate, issued in Victoria, says he died on March 4, 2022, in Thailand, aged 52. His cause of death is given as coronary artery atherosclerosis.

He was buried at Sorrento Cemetery, south of Melbourne on March 22, 2022. The informant was Helen Nolan, his former personal assistant.

His occupation was given as business owner and relationship status as divorced. He had married Callahan in South Yarra in Melbourne in 1995.

The documents state that most of Warne’s total estate – over $17 million – was held in Victoria. Of his assets outside Victoria – it’s not specified where – Warne left a personal estate of $3. 36 million, which includes shares worth $2.8 million and over $500,000 in bank accounts.

The total value of Warne’s personal belongings was given as $2.6 million and the value of motor vehicles “and similar” was given as $375,000.

Warne’s total liabilities of $295,000 were broken down into over $277,000 in “household bills” and over $17,000 on credit cards.

Warne names four executors and trustees of his will: his father, Keith Warne, accountant Robert Cochran, friend Aaron Hamill and his adviser Andrew Neophitou.

As an international cricketer from 1991 to 2007, Warne played 145 Tests for Australia, taking 708 wickets as a right arm leg spin bowler.

As a lower-order batsman, Warne scored more than 3000 Test runs.

Warne was also a player, coach and captain of the Rajasthan Royals in the Indian Premier League.

Off field, Warne was involved in several scandals including being found to have taken a prohibited substance.

He was famous for a relationship with British actor and producer Liz Hurley.

Pop superstars Elton John, Chris Martin, Ed Sheeran and Robbie Williams were among performers at the memorial to Warne in front of thousands of fans at the cricketer’s beloved Melbourne Cricket Ground on March 30, 2022.

His three children unveiled the Shane Warne Stand on the night.

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