Details about Hulk Hogan Massive 8-Figure Inheritance Resurface

The WWE icon's death has not only left a lasting legacy in the ring but also sparked a wave of revelations about who will and won't benefit from his fortune. Behind the scenes, a series of personal decisions and legal safeguards are now coming to light.

Following the recent death of wrestling legend Hulk Hogan at age 71, renewed focus has been placed on the handling of his enormous 8-figure inheritance.

As legal experts and family sources weigh in, the late wrestling legend's estate is now at the center of complex inheritance arrangements and family dynamics.

According to TMZ, Hulk's daughter Brooke Hogan will not be receiving a portion of his estate. Sources familiar with the matter stated that Brooke decided to remove herself from her father's will in 2023.

She reportedly no longer wanted involvement in any legal or financial disputes that could arise after his passing. At the time, Brooke allegedly did not trust the people surrounding her father and felt they were exploiting him.

Despite disagreeing with her father about those concerns for years, she contacted his financial manager and requested her name be removed from all estate-related documents.

Brooke is said to be mourning her father's death and is saddened by what she views as a lack of trust between them. However, she has accepted that she will not inherit any portion of the estate.

She is, however, named in a small life insurance trust, from which she will receive funds. The 36-year-old actress plans to allocate that money toward her children's education.

Brooke's relationship with her father had reportedly been strained in recent years. The two had been estranged leading up to his death, and Hulk never met his twin grandchildren, Oliver and Molly Gene, born in January 2025.

Legal experts noted that even if Brooke Hogan was excluded from the will, she could still challenge its validity in probate court, particularly if she believes there was undue influence or errors in the estate documents.

Meanwhile, Hulk's widow, Sky Daily, 49, whom he married two years before his death, is expected to inherit a significant portion of the estate.

As reported by The Sun, Florida law entitles spouses to a spousal elective share of 30 percent of a deceased partner's estate, regardless of whether they are explicitly included in a will or trust.

This means that Sky could legally claim a third of her late husband's assets, even if his trusts were never updated following their marriage.

Hulk held a substantial real estate portfolio valued at over $11 million, according to Us Weekly. Property records show that the media personality owned a waterfront compound in Clearwater Beach, Florida.

The compound included two adjacent homes. The first, purchased in 2012 for $3.3 million, is a five-bedroom, five-bathroom residence now valued at approximately $8.9 million.

In 2016, he acquired a neighboring four-bedroom, two-bathroom property for $2.5 million, months after winning a $135 million verdict in his lawsuit against Gawker. That legal settlement was later reduced to $31 million.

By 2017, the deeds to both properties had been transferred to J&T Enterprise Holding LLC, a company under which Hulk registered various businesses in Florida.

Additionally, Hulk profited heavily from his wrestling career, corporate endorsements, and personal ventures. He starred with his then-wife, Linda Hogan, and their children on the reality TV show "Hogan Knows Best," which aired from 2005 to 2007.

At the time, the family lived in a 17,000-square-foot mansion, purchased as land in 1992 for $2 million and later sold for $6.2 million in 2012.

His divorce from Linda in 2009 resulted in her receiving 70 percent of their liquid assets, 40 percent ownership of companies created during their marriage, and additional payments following the sale of their properties. She was also awarded a fleet of luxury vehicles.

In recent years, Hulk had re-entered the business world. In 2024, he launched a beer brand called Real American Beer and operated a bar in Florida. According to Page Six, he was also developing a $7 million bar near Madison Square Garden before his passing.

The former wrestler had set up both a revocable trust and a personal trust to manage the distribution of his wealth and avoid lengthy probate proceedings.

Estate planning expert June Frederiksen, a paralegal at Schofner Law Firm, noted that setting up such trusts is a common strategy to shield assets from court battles and creditor claims.

She explained, "Someone in the trusts will be named the trustee and they will do whatever the trusts direct for the distribution of Hulk's assets."

However, she added that if the trusts were not updated or funded correctly, or if any assets were left outside the trusts, legal disputes could still arise. "If his estate battle does end up in court, then the assets become susceptible to creditors," June said.

Hulk Hogan's estate is proceeding through legal channels, with distributions guided by Florida law and existing trust arrangements.