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Jimmy Buffett’s Widow Sues Estate Co-Trustee over $275M Trust

  • Jane Buffett, widow of singer Jimmy Buffett who died in September 2023, filed a petition on June 3 to remove the co-trustee of a $275 million estate.
  • Jane made this move after co-trustee Rick Mozenter, appointed to manage the marital trust, repeatedly ignored her requests for financial details over 16 months.
  • Mozenter postponed delivering an income forecast, which he ultimately presented in February 2025, indicating that Jane’s trust was expected to generate under $2 million in yearly revenue from its assets.
  • The trust includes a 20% stake in Margaritaville and assets such as $34.5 million in property, but Mozenter billed over $1.7 million and refused to sell costly Bahamas real estate.
  • Jane's lawyers describe Mozenter as unprofessional and adversarial, seeking his removal and replacement by Daniel Neidich, signaling a severe dispute over management of Buffett's estate.
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Billboard broke the news in United States on Wednesday, June 4, 2025.
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