Luigi Mangione's grandmother left behind tens of millions of dollars to her family ... but now there's a strong chance Luigi will be iced out of the will after being charged with murder.
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00:00Part of the fascination with Luigi Mangione,
00:02the alleged murderer of UnitedHealthcare CEO Brian
00:06Thompson, is what we know so far about his background.
00:10And we found out something very interesting about his family.
00:13When I say his background, it is puzzling to people
00:17how someone ended up in this position
00:19that he is in when they come from the place of privilege
00:24that he is.
00:25Luigi Mangione is from a very wealthy family in Maryland,
00:31was raised very in a great, had a great upbringing, right,
00:36and was valedictorian at his private high school.
00:39Right.
00:40I think a lot when a lot of people
00:41were trying to figure out his motive,
00:42Charles, you say, OK, you know, this
00:43would likely be somebody who struggled with money,
00:45didn't have, you know, wasn't set financially.
00:47That was not the case.
00:48Because it doesn't make sense, because it's not adding up
00:51as part of why people want to know what happened here.
00:54Where did things go?
00:56Where did he make this turn?
00:57Yeah.
00:58Well, we found out something about his,
01:01just exactly what is on the line here for him.
01:03Obviously, his freedom, being in prison
01:07for the rest of his life if he's convicted.
01:09But just his arrest has already cost him
01:12millions and millions of dollars.
01:14And that's because we found out something
01:16about his family's inheritance.
01:19And his grandmother, Mary Mangione,
01:22passed away last year.
01:24And what we found out is that the details of her will,
01:27she has spelled out things that I don't think
01:30she was being prophetic when she put these clauses
01:35into her will.
01:36But she had no time for people in her family crossing the law,
01:43crossing the line with the law.
01:45Exactly right, Charles.
01:46So she had a provision.
01:47It appears it's a little difficult to tell
01:49exactly how much money she was worth the time
01:51that she died in 2023.
01:53But it's somewhere north of $30 million.
01:55And it could be as high as over $100 million.
01:59She left it to her 10 children, including Luigi's father.
02:03And eventually, that money would trickle down
02:05to the other descendants, the grandchildren.
02:07But she included in the will a very specific clause
02:11that we haven't really seen before,
02:13which gave the trustees, there are four trustees,
02:16Luigi's father being one of them, the discretion
02:19and encouraged them that if any of the grandchildren
02:22were to ever be charged, indicted, or convicted
02:27of a crime, that they be excluded from the will.
02:30And she specifically said, in the case of a violent crime
02:34or a heinous crime, she strongly encouraged the trustees
02:37to exclude the descendants, which would obviously
02:39now include Luigi.
02:41So just the fact that he's been charged with the murder
02:44is enough for him to be cut off from the family's money.
02:47And look, we're still trying to sort out
02:51exactly what his relationship was with his family.
02:55And we know he's been estranged from them
02:57for several months at least.
03:00But this now means that he could be cut off.
03:03Now, Jason, it is up to, you said it's up to,
03:06the trustees have discretion.
03:08One of those trustees is his father.
03:10Yeah, it is an interesting position
03:12because there's no innocent until proven guilty in her will
03:16and she can do whatever she wants with her will.
03:17She's not waiting to make sure that there's a conviction.
03:20She's saying even at the time of just the charge,
03:22they can cut him off.
03:23Presumably his inheritance could be used
03:26to pay for his defense, which will likely run
03:29into the hundreds of thousands, if not millions of dollars
03:31by the end of the day.
03:33And so, I mean, this is a wealthy family.
03:35They'll find assets in other places,
03:36but nevertheless, it's interesting.
03:39Yeah, Jason, is it just up?
03:40I mean, is this solely a decision that the trustees,
03:43including his dad, will make?
03:45I mean, can they just completely ignore
03:47grandma's instructions if they want to?
03:49Yeah, they're not really phrased as instructions, Mike.
03:51They are phrased as wishes.
03:54She says, I would like for you,
03:56I forgot the exact wording, but something along the lines
03:58of I strongly encourage you.
04:00But ultimately, she could have said,
04:02absolutely, I refused and no money will trickle
04:05to any descendant.
04:06But she was bright enough to know that there are nuances
04:08in every situation and I don't wanna have
04:10that kind of restriction, so she left it to the trustees
04:12to do what they will.
04:13Which means Luigi's father now has to figure out
04:17if this is one of those nuances.
04:19And it almost puts him in a position of being
04:22judge and jury, at least, of his son,
04:25at least in the instance of his inheritance.
04:27Is this a nuanced thing?
04:30I mean, I guess if his father doesn't believe
04:33Luigi did it, I guess even if he believed he did it,
04:37he could still make the decision.
04:38Yeah, I was gonna say, even if my kid did a crime,
04:41there's no amount of money I wouldn't spend
04:42to see them get the best treatment they possibly could get.
04:44But also, remember, there are four trustees.
04:46They're gonna have, this is a point of negotiation.
04:49One of them can't just override the other three.
04:51So, I mean, who knows what the inner workings
04:54of this family are?
04:55And it could be that it's a negotiation
04:57between the various trustees.
04:59Hi, I'm Brianna from New Jersey.
05:01I think that he's not gonna get it
05:03the way it's looking right now,
05:04but we've seen stranger things happen.
05:06Look at the state of this country.
05:08But I say shout out to the grandmom
05:11for the stipulations and the wishes
05:12that she put on her will.
05:14That says a lot about her character.
05:17But I think it's up to the trustees.
05:19I don't know what his relationship is with his dad.
05:22My parents would be pretty mad.
05:24I don't know.
05:25It's not looking good.
05:26It is going to create an interesting family dynamic
05:29to sort that out once the trial is-
05:32Right, it's interesting, too,
05:33because you say a heinous crime.
05:34Well, a lot of the country seemingly doesn't think
05:36this was heinous.
05:37I don't get it, but-
05:38Which is also bizarre.
05:40I don't get it.