Music magnate Jamal Edwards died PENNILESS despite claims he's worth $370 million

Music magnate Jamal Edwards died PENNILESS despite claims he's worth $370 million
Jamal Edwards died in February (Jeff Spicer/Getty Images for Fashion For Relief/Instagram/@JamalEdwards)

ACTON, LONDON: According to data from the probate office, Jamal Edwards passed away without any assets, despite claims that he had a stunning £335 million ($370 million) in assets. Edwards, known for founding media platform SBTV, which helped catapult grime and a wave of new artists to a global audience, died in February without leaving anything for his family. Edwards was also a director, author, DJ, entrepreneur and designer.

ADVERTISEMENT

The music tycoon, who assisted with Ed Sheeran and Stormzy's career launches, died in February at the young age of 31. Six months after his demise, an inquest found that he had died of a heart arrhythmia brought on by using cocaine and alcohol.

ADVERTISEMENT

The artist, the son of 'Loose Women' star Brenda Edwards, and who received an MBE for services to the music industry in 2015, was reportedly worth between £8 million ($9 million) and £335 million, according to contradicting sources. But according to official records cited by Mail Online, Jamal's gross estate was only £45,502.76 ($50,000), and after paying his bills, he had nothing left over.

ADVERTISEMENT

READ MORE

'Loose Women' star Brenda Edwards breaks down as she reads heartbreaking letter from King Charles about her late son

Jamal Edwards died of 'sudden heart attack' at his mom's London home, friends reveal

ADVERTISEMENT

Two years prior to his passing, Jamal, who established his own internet music service in 2006 called SBTV, signed his own will. His whole estate, to be given under a trust fund he had set up, had been promised to his family, including Brenda Edwards, his mother and star of 'Loose Women'. But as of right now, none of the specified recipients will get anything.

ADVERTISEMENT

The star had performed a DJ set in North London the night before and had arrived home to London some time after 4am. He then sat up drinking with his friend Nick Hopper. He eventually developed erratic behaviour and paranoia, and started hurling objects around the room, and eventually passed out, the inquest heard.

Hopper said in a statement read to the inquest by the coroner, "When he came in he appeared to be his normal self and it appeared that he had just been out.We began to chat, smoke some weed and drink. He told me he was under a lot of pressure. There were periods of talking followed by silences.Over time Jamal became quite paranoid and was saying I had things in my hands when I didn’t. Anytime I moved he began panicking. I told him to calm down, but he became increasingly irate. He was grabbing things, throwing them around the room. He was panicking and sweating, I spent ages trying to get him to open the door."

ADVERTISEMENT

Hopper claimed that Edwards resisted his attempts to open a window, and as a result, he eventually passed out by the bathroom door. After 9.30 am, Edwards' uncle came, and according to him, he gave CPR for about 10 minutes until paramedics took over and failed to revive him.

ADVERTISEMENT

Share this article: Music magnate Jamal Edwards died PENNILESS despite claims he's worth $370 million