Here's What Happened To Elizabeth Taylor's Money After She Died

Before her death, Taylor also planned to have some of her assets sold off. Much of her jewelry collection went up for auction in December 2011, and it brought in an impressive $156.8 million (via Christie's). All the proceeds from the sale went to the Elizabeth Taylor Trust, with a portion of the profits being

Before her death, Taylor also planned to have some of her assets sold off. Much of her jewelry collection went up for auction in December 2011, and it brought in an impressive $156.8 million (via Christie's). All the proceeds from the sale went to the Elizabeth Taylor Trust, with a portion of the profits being given to Taylor's charity. "I think she would be happy to know that her collections will continue to enrich the lives of those who have acquired pieces," her son, Chris Wilding, said.

In 2019, more of Elizabeth Taylor's personal items were auctioned off. This time around, fans had a chance to own a piece of Taylor's fashion history as many of her costumes, outfits, and accessories were included in the event. The auction featured numerous variations of Taylor's signature garment — the caftan (via Julien's). Taylor's grandson, Quinn Tivey, said that he had been working on an archive of her life and work, and "along the way, we've come across items that seem perfect for a sale" (via The Hollywood Reporter). Tivey, the son of Taylor's daughter Liza Todd and artist Hap Tivey, became a trustee in 2016. Other trustees include Tim Mendelson, Taylor's former assistant, and Barbara Berkowitz, Taylor's lawyer.

While growing up, Taylor was just a normal grandmother to Tivey. He remembered her for their times together, "watching movies, chatting — she would give me advice." Now, as a trustee, he works to preserve her legacy as an actress and humanitarian.

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