Sources Say Ozzy Osbourne Was in Deep Debt Before His Death
via Ozzy's Official X
Ozzy Osbourne’s death shocked fans around the world, but behind the scenes, the rock icon was reportedly facing severe financial strain. According to sources close to the family, Ozzy had been battling mounting debts in his final years, even as his health deteriorated. The National Enquirer revealed that he and Sharon Osbourne had been hit with two significant federal tax liens — one for $689,107 in 2023 and another for $4,362,410 in 2024.
Insiders claim that Ozzy remained determined to keep working despite his frailty, driven by the desire to leave his family financially secure. Friends and colleagues expressed concern that his final performances might have pushed him past his physical limits. One source noted that at his last show, he could barely walk or stand, yet still gave his all on stage.
The timing of these performances made his commitment all the more striking. His last concert with Black Sabbath took place just 17 days before his death, as part of a high-profile charitable event that raised approximately $190 million for various causes. Whether Ozzy personally profited from that show remains unclear, but his dedication to performing, despite his condition, is undeniable.
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Sharon Osbourne Faces the Fallout
With Ozzy gone, Sharon Osbourne now finds herself in a difficult position — mourning her husband while managing the complex financial challenges left behind. Reports indicate that, in addition to grieving, she must deal with creditors and federal agencies seeking repayment. The Internal Revenue Service alone is said to be owed over $5 million in outstanding tax liens.
Friends say Sharon is bracing for a long legal and financial process. As the executor of the estate, she must determine exactly what assets remain, settle the debts, and protect the family’s interests. It’s a daunting task, especially given the scale of the liabilities and the publicity surrounding the situation.
While Sharon is no stranger to managing business matters, the emotional weight of the loss adds another layer of difficulty. Sources suggest she is determined to honor Ozzy’s wishes and preserve his legacy, even as she faces mounting pressure from creditors.
Legacy, Estate, and a Family’s Future
Despite his financial troubles, Ozzy reportedly took careful steps to plan his estate before his death. According to the Economic Times, he had arranged for his $220 million fortune to be distributed fairly among his six children from two marriages. These arrangements were designed to avoid disputes and ensure that all of his heirs — including those who prefer to stay out of the spotlight — would be provided for.
However, the reality of the estate’s value may be more complicated than it appears on paper. With millions owed in taxes and other debts, the distribution of assets could become a lengthy and contested process. Legal experts note that even with careful planning, significant liabilities can quickly alter the financial picture for surviving family members.
For fans, Ozzy’s passing marks the end of an era. For his family, it begins a new chapter filled with legal, financial, and emotional challenges. While the world remembers him as the “Prince of Darkness” who conquered stages for decades, those closest to him must now navigate the difficult aftermath of his final years.
