Wendy Williams Still Banned From Accessing $20 Million Fortune Months After Wells Fargo Froze Her Assets, Media Personality’s Staff Reportedly Working For Free
It’s been months since theJasmineBRAND reported that Wendy Williams was completely locked out of her Wells Fargo account—and she doesn’t appear to be any closer to accessing her funds.
In May reports surfaced that the former daytime TV host would be able to access her estimated $20 million fortune “soon,” after a New York judge designated a guardian to oversee her funds, but that has yet to happen. Wendy Williams is reportedly now incapable of even paying her own employees.
According to a source,
“Her team has not been paid since these accounts were shut. Her manager is relatively new, but there are people who have been working for her this entire time and they haven’t seen a dime since the accounts were closed either. People have been floating their services to Wendy for months on end now.”
Another source said,
“She gets money through the financial guardian, but it’s not like the level of money Wendy Williams would need to get by in New York City. Her manager is footing the bill for a lot of her personal upkeep right now.”
Wendy Williams‘ bank account was reportedly frozen by Wells Fargo in January because the company was worried she had been subjected to “financial exploitation, dementia, or undue influence.” Williams disagreed with the bank’s claim that she is an “incapacitated person” who requires guardianship, and has since been battling them in court about the situation.
In a video previously posted online, Williams said,
“My thing is that I’ve been asking questions about my money. And when I began asking questions about my money, suddenly [my former financial advisor] Lori Schiller has no response regarding my money. I want my money. This is not fair. And Wells Fargo has no questions and answers with regarding my money. This is not fair.”
She also accused her former manager Bernie Young of using her banking card against her will. As far as the court’s handling of the case, Williams is not pleased with that either. She said,
“Without evidence, [the court system] is being weird to me. Without evidence, they took all this information and continued with what’s going on with me based on what Wells Fargo is doing. This is not fair. This is not fair.”
Part 1. Wendy Williams Speaks Out Amid Wells Fargo Battle: 'This Is Not Fair' pic.twitter.com/IMEzun6t96
— BACKUP ACCOUNT (@JasmineBrandTHE) March 24, 2022
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