Fashion Designer Oscar De La Renta Snubs Adopted Son from $26M Will
Late fashion designer Oscar de la Renta has snubbed his adopted son - a designer at his label - in his $26 million will after the pair fell out 10 years ago.
Moises de la Renta was adopted by the couturier from an orphanage in the Dominican Republic following the death of his first wife Françoise de Langlade in 1983.
Moises, 30, has now been left a relatively small bequest from his late father's $26 million estate - and has been warned that if he ever tried to contest the will he would be cut out completely, court documents show.
The pair fell out after Moises attempted to launch his own women's fashion line in 2005.
Annette de la Renta (pictured left) and Oscar de la Renta's only child Moises at the designer's memorial service in 2014. Mrs de la Renta - a New York philanthropist and socialite - is also put in control of the funds, which include a $3.3 million Citibank account and a $1.2 million tax refund. Rather than Moises, de la Renta's stepdaughter, Eliza Bolen, was named as an alternate executor of the will, Page Six reports. In 2005, The Post reported Moises was building his own fashion 'empire' which aimed 'to bring the de la Renta aura to a younger crowd' but the line, MDLR Black, never took off.
Late fashion deisgner Oscar de la Renta (pictured right) has snubbed his adopted son Moises (left) in his will after the pair fell out.
Oscar de la Renta publicly lashed out at his son Moises for trying to go out on his own to launch the clothing line MDLR Black while using his father's name.
His father, who is considered one of the most iconic designers of all time and dressed everyone from Jackey Kennedy Onassis to Amal Clooney, never forgave him for the move, Page Six reports.
De la Renta died on October 20, last year at his Connecticut home at the age of 82, following a battle with cancer.
In 1989, the designer married Annette Engelhard and became a stepfather to her three children, Beatrice Phelps, Eliza Bolen and Charles Reed.
His son-in-law Alex Bolen operates as Chief Executive Officer, and step-daughter Eliza Bolen serves as Vice President of Licensing, at Oscar de la Renta, LLC.
He left the majority of his estate to his wife and court papers show his will was signed several weeks before his death.
Annette de la Renta was bequeathed the majority of her husband's real estate portfolio, including a $13million Park Avenue apartment in New York, a $2.8million house in Kent, Connecticut and his estate in Dominica.
The rest of his will has been put in a trust to be split between his wife, her three children and Moises.
Latest Stories
- City Colleges of Chicago Breaks Ground on Expansion of Malcolm X College West Campus
- Bank Of America Names 2024 Neighborhood Builders Recipients
- Lyric Unlimited’s Artist-in-Residence Performs First Recital
- Culinary Excellence and Compassion Unite: 2024 Taste of Hope Raises Over $746,000 to Help End Cancer
- LISC OPENS APPLICATIONS FOR THE 2025 CHICAGO NEIGHBORHOOD DEVELOPMENT AWARDS
Latest Podcast
A.L. Smith - Harold Washington Legacy Committee
