Jennings Estate And Lib Journalism

Oh, the hardscrabble life of the journalist:

Peter Jennings left a fortune worth more than $50 million to his wife and two children, according to the ABC News anchor's will, the Daily News has learned.

Well, OK, let's not begrudge him his bucks for clawing his way to the top. But as a Lib, surely he gave a lot of his wealth back to the people, right?

Jennings, 67, left the bulk of his estate in trust for his two children, Elizabeth, 25, and Christopher, 23, from his marriage to writer Kati Marton, according to the will, filed Wednesday in Manhattan Surrogate's Court.

He left his Central Park West apartment to his widow, Kayce Freed, whom he wed in 1997, as well as a portion of his estate, as laid out in a prenuptial agreement the couple signed before their wedding.

Oh. Well, then, surely he lived a frugal life, out of understanding of the poor and oppressed people for whom he cared so deeply, right?

Jennings, who died last month after battling lung cancer, reportedly earned as much as $10 million a year during part of his tenure at ABC. His will lists $50 million in personal property and $3.5 million in real property in New York.

$10 million a year and a $50 million estate to show for it -- this guy must have been spending money like a drunken fleet of sailors!

Sheesh.

Source. h/t Media Bistro