Inside Ozzy Osbourne's will - how rocker's £162 million fortune will be divided

Following the death of rocker Ozzy Osbourne, the Black Sabbath frontman has now been officially laid to rest. He is survived by his wife, Sharon, and children Jack, Aimee, Kelly, Louis, Elliot, and Jessica. The singer died on July 22, aged 76, just weeks after his final ever performance at the Back To The Beginning show in Birmingham's Villa Park. The heavy metal icon was honoured in a public funeral procession last week, which was followed by a private ceremony with family members and close friends. Details of Ozzy's will have now been reported, with a source claiming that "no child would be cut out of his will, no matter their public profile".

According to RadarOnline, the majority of Ozzy's fortune will go to his wife, claiming that she will have a lifetime interest in his estate and directs. The site also claimed that after her death, the remaining assets would be split equally among their three children: Aimee, Kelly, and Jack.

They also reported that Kelly and Jack are named executors alongside Sharon Osbourne. Kelly is also supposed to inherit a portion of the estate in Buckinghamshire and maintain her mother's Hancock Park home.

What's more, Jack is to receive the Californian compound and a stake in the publishing rights. Aimee, meanwhile, is allegedly set to receive her share in trust, which will provide quarterly payments until she reaches 50, at which point the principal will be released.

From his first marriage to Thelma Riley, Ozzy was a father to Jessica and Louis Osbourne. He also adopted Riley's oldest son, Elliot.

Sharon previously spoke about plans for Ozzy's estate during a 2020 appearance on The Talk. She said: "Everyone is different. [...] And I just know that my husband's body of work, that he's written, and kept us all in the lifestyle that we love, goes to my children.

"I don't want someone that never met my husband owning his name and likeness and selling T-shirts everywhere and whatever. No, it stays in the Osbourne family."

At the time of his death, Ozzy was believed to be worth around £162 million ($220 million). The bulk of his wealth comes from his successful music career, which lasted over half a century.

Express.co.uk has contacted the Osbournes' representatives for further comment.