Marie Osmond Made A Surprising Announcement About Her Fortune

Osmond explained that she’d come to this particular decision alongside Steve Craig – the man she’s walked down the aisle with not just once but twice. The pair have a son called Stephen from their first marriage in the mid-1980s. Though their agreement also affects the six kids she has with another ex-husband.

Osmond said “I do” to Brian Blosil in 1986 – just a year after divorcing Craig. And the couple went on to have daughters Jessica, Rachael, Brianna and Abigail and sons Brandon, Matthew and Michael before splitting in 2007. Tragically, the latter died three years later at just 18 years old.

We aren’t yet sure what Osmond and Craig’s offspring think about the matter, though we do know the thoughts of several of the former’s old colleagues. Yes, during the same episode Sharon Osbourne took umbrage with her The Talk co-host’s future financial plans. Sheryl Underwood also made her feelings crystal clear, telling Osmond, “I disagree with that.”

So, how much is Osmond worth exactly? Well, according to Celebrity Net Worth, the entertainer has an impressive $20 million in the bank. That’s perhaps little surprise considering she’s been a part of the fame game for almost half a century! Although Osmond isn’t afraid to splash the cash, either.

You might not know that Osmond actually owns several properties. But her heart truly belongs to the lavish Utah home that she and Craig spend more time in than any other. And when you see the property’s spectacular array of features, you can understand why it’s their favorite.

Situated in the city of St. George, the house boasts a home cinema, games room, sauna and outdoor swimming pool complete with a middle island. Osmond and Craig can also enjoy awe-inspiring views and rustle up something to eat in a luxurious kitchen. The place is lined with the most exquisite of hardwood floors, too.

But there’s one particular room that Osmond appreciates more than any other. In 2020 she told Closer Weekly, “Every house I’ve ever had has what I call, ‘My place, my space.’ It’s where I craft. It’s where I paint. It’s where I read. This is where I [have] all the good memories.”

And Osmond got the chance to proudly show her Utah home off to the world in 2020 when she co-hosted The Talk from it. The talent sat in her extravagant kitchen and chatted with another star who shot to fame in the ’70s – Olivia Newton-John. Fans marveled at both Osmond’s elegant taste in both lamps and ceiling design.

And with her kids all grown up now, Osmond now only has to share the space with one other person. In 2020 the singer explained to The Talk, “My husband and I came here to Utah, our home. It has been lovely to just have that time to connect. We remarried, we were apart for, like, 25 years, so all of a sudden, we are alone – this is the first time we’ve been alone since I can remember.”

Of course, Osmond first got used to living with a large family while growing up. After all, she’s the younger sister of Alan, Merrill, Jay, Jimmy, Wayne and Donny – aka ’70s pop sensation The Osmonds. Having watched her brothers conquer the charts, the future co-host of The Talk decided she wanted to follow in their footsteps.

Encouraged by her mom Olive, Osmond headed into the recording studio in her teens. Distancing herself from her brothers’ sound, the youngster initially pursued a Nashville-inspired music direction. And it proved to be a clever move. In 1973 she became the first woman to score a country chart-topper with their first ever single thanks to “Paper Roses.”

Osmond continued to add to her pocket money with a number one album before teaming up with unarguably her most popular brother in 1976. The pair hosted a successful self-titled variety program for three seasons called Donny & Marie. During this era, Osmond also launched an acting career. In fact, she was offered the part of Sandy in Grease but decided to pass over concerns about the hit musical’s morality.

By revisiting the country sound she’d made her name with, Osmond boosted her fortune in the mid-1980s. The star even increased her tally of number ones with “Meet Me In Montana,” “There’s No Stopping Your Heart” and “You’re Still New to Me.” Then in 1998 Osmond joined forces with brother Donny again for a talk show that lasted two seasons.

Donny and Marie achieved massive success in the 21st century on the Las Vegas circuit. In fact, they performed no fewer than 16,000 dates in Sin City across 11 years before calling it a day at the end of 2019. By this point, the younger half of the duo had also established herself as a talk show host.

That’s right: just a few weeks before waving goodbye to Las Vegas, Osmond replaced Sara Gilbert on The Talk. Throw in Broadway performances in The King and I and The Sound of Music, several books and numerous lucrative commercials and it’s little wonder she has such considerable wealth. Though Osmond has never taken her busy and lucrative career for granted.

In 2019 Osmond told Closer Weekly, “I feel so blessed that I’ve done so many different things. I believe you always have something that you want to do. I probably will work until I’m dead just because it’s always been a safe place for me. When life brought lots of lemons, work was my lemonade…”

And Osmond has done her best to pay things forward, too. In 1983 she teamed up with Mick Shannon, John Schneider and Joseph G. Lake to launch a telethon. Raising almost $5 million for nearly two dozen facilities, the initiative grew into Children’s Miracle Network Hospitals. It has since helped 170 U.S. hospitals treat approximately 10 million kids, according to the organization.

In 2015 Osmond told Grand Magazine, “People don’t realize that their local children’s hospitals are charities that need our support. They rely on donations to buy equipment, provide care to children in need and for basic expenses. They are often last on the list to receive funds. CMN Hospitals serve 10 million kids every single year. These kids deserve the best care available.”

Osmond has also put her name to several other charitable causes over the years. The American Heart Association, the Gibson Girl Foundation and STOMP Out Bullying are just a few of the organizations that have benefited from her support over the years. Children’s Miracle Network Hospitals has also aligned itself to another charity close to Osmond’s heart: the foundation her family set up to help the hard of hearing.

As well as being a proud philanthropist and veteran entertainer, Osmond is also very much a family woman. In a 2019 interview with People, she described her eight children as “the best things I’ve ever done, ever… They’re all really hard workers and they are kind to each other and try really hard to be kind to people.”

Osmond continued, “Some of my kids are adopted and I can’t remember which ones. But some of them are more like me than my biological and I’m like, ‘I know why God sent you to me!’” Yes, you might not know that Osmond adopted five kids with second husband Blosil: Michael, Jessica, Abigail, Brandon and Brianna.

A year later Osmond told her fellow The Talk panelists how proud she was that her family had stuck together during such a worrying year. She said, “… As a mother, it has been such a joy to see. Because you wonder, when you leave this earth are your children going to stay close? Are they still going to still connect? And I know they will.”

Osmond went on to add, “It’s just been this wonderful peace that they really love each other and they’re looking out for each other. For me, that’s been such an incredible joy as a mom.” Of course, the “Paper Roses” singer also now gets to experience the incredible joy of being a grandmother!

In 2019 Osmond’s daughter Brianna gave birth to a little girl named Maude Bailey-Moon. A year later she and husband David Schwep welcomed another child into the world: Mabel. Brianna’s sister Rachel is also a mother-of-two, while older brother Stephen is a proud parent to Christian, Stephen Jr. and Maxwell.

Osmond may currently have eight kids and no fewer than seven grandkids to spend her reported $20 million fortune on. But her family shouldn’t expect to see a cent of it when the star dies. That’s because in 2020 Osmond revealed on The Talk that she’d be leaving all of her offspring out of her will.

In front of the show’s shocked panel, Osmond explained, “I’m not leaving any money to my children. Congratulations, kids. My husband and I decided that you do a great disservice to your children to just hand them a fortune because you take away the one most important gift you can give your children, and that’s the ability to work.”

A determined Osmond went on to add, “You see it a lot in rich families where the kids don’t know what to do so they get in trouble. So, I just let them be proud of what they make and I’m going to give mine to my charity.” And Osmond was speaking from experience here, too.

Osmond told the panel and audience at home that she wanted to avoid the situation that once caused unrest among her own relatives. She explained, “I had an uncle and an aunt, her family fought over a mirror and a table when they passed away. My mother said, ‘That will never happen.’”

As you would expect, the always outspoken Sharon Osbourne couldn’t help but put her two cents’ worth in. The Talk co-host revealed that unlike Osmond, every dollar made by her and husband Ozzy would stay in the family. She added, “[Everything] he’s written – and kept us all in the lifestyle that we love – goes to my children.”

Osbourne continued, “And his name and likeness goes to my children. Because you leave your name and likeness, and I don’t want someone that never met my husband owning his name and likeness, and selling T-shirts everywhere and whatever.” According to Parade magazine, Osbourne’s combined net worth stands at a staggering $220 million!

Another co-host also disagreed with Osmond over the viewpoint that kids born into wealth don’t appreciate what they had. Sheryl Underwood responded, “When you come from a family of money, you raise your children to value money and to understand money. And because they were born into the family, they should have a healthy respect for money.”

Underwood continued, “I would love to have some type of money left for me from somebody else so I can have a leg up. I think when wealthy people say, ‘I’m not leaving my kids anything,’ well, they’ve been living this great life.’” But what about the general public’s response? Judging by Twitter, it appears to be mixed.

Some seemed to be on Underwood’s side, like the user who posted, “I don’t understand parents. Educate your kids about the good and the bad about having money. Don’t leave them with nothing... Ugh... So sad how parents do that to their kids.” Another issued Osmond with an F- grade for parenting for “running around bragging that they are not leaving any money to any of their children and their kids are fine with it.”

But Osmond also had several people in her corner, such as the user who remarked, “She has every reason not to leave her money to her family. It’s her money. Keep your noses out of other people’s business, buttheads.” Another thanked the singer on Twitter for “being grounded in the real world.”

Of course, Osmond certainly isn’t the first rich celeb to have declared that they’re not leaving their kids an inheritance. In 2008 the world’s most glamorous chef Nigella Lawson told magazine My Weekly, “I am determined that my children should have no financial security. It ruins people not having to earn money.”

Sting’s six children also shouldn’t expect to receive much once their father passes away. In 2014 the pop icon told the Mail on Sunday that he plans to spend as much of his $300 million fortune as possible while alive. He added, “I certainly don’t want to leave them trust funds that are albatrosses round their necks. They have to work. All my kids know that and they rarely ask me for anything, which I really respect and appreciate.”

And then there’s Andrew Lloyd Webber, who in 2008 revealed to the Daily Mirror that his five kids aren’t even bothered that they won’t see a penny in his will. He said, “They don’t think that way. It is about having a work ethic – I don’t believe in inherited money at all.”

Even one of the world’s richest men doesn’t believe that children should automatically inherit everything from their parents. In a 2013 Reddit Ask Me Anything, Bill Gates stated, “I definitely think leaving kids massive amounts of money is not a favor to them.” But before you start feeling sorry for the three Gates kids, their multi-billionaire father is still ensuring that they each get 1 percent of his wealth. That’s approximately $10 million!

As for Osmond, well, the talent may well now be making less money than when she revealed all about her inheritance plans. Osmond was fired from The Talk in September 2020 after just a single year on the daytime show. An insider allegedly told newspaper The Sun, “The dynamics between the women were often strained and [Osmond] appeared to be on one side of the argument, while everyone else was on the other.”