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Bodybuilder son of Geoffrey Edelsten says millionaire dad ‘never provided enough’ for him which led to a ‘difficult’ childhood – after he took legal action when he had just 50,000 left $
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Matthew Beard, the son of businessman Geoffrey Edelsten, has revealed his millionaire father never supported him financially.
“I was just never adequately provided for as a father should be for his only child. However, I don’t blame him in any way for that,” the bodybuilder told the sun herald This weekend.
“Life growing up for me was difficult as my dad was a very famous public figure who led a luxurious lifestyle which I was unfortunately not one of, but we kept in touch regularly,” Beard added.
Last year, it was revealed that Beard was pursuing the estate of his late father, a former millionaire who died in dire financial straits in June 2021.
Beard inherited $50,000 after Edelsten, a disgraced doctor and notorious womanizer, died alone aged 78 in a Melbourne flat with just $60,000 in cash to his name.
Matthew Beard (pictured), the son of businessman Geoffrey Edelsten, has revealed his millionaire father never supported him financially
Beard has filed paperwork in the Supreme Court of Victoria for a larger share of Edelsten’s assets, which are worth $1 million, reports the sun herald.
In his submission, Beard, who received $1,000 a year until 2017 from his father, asked for money to fund his “education, maintenance and advancement in life”, which would be paid to him from of Edelsten’s estate.
Edelsten’s executors, Michael John Webb and Lindsay Lawrence Hosking, were named co-defendants in the Beard action.
The 34-year-old, who has a tattoo of his late father’s surname on his chest, was also seeking costs for the legal action.
“I was just never adequately provided for as a father should be for his only child. However, I don’t blame him for that in any way,” the bodybuilder said. Edelsten is pictured with his ex-wife Brynne Gordon
Son of Isabel Beard, formerly Edelsten’s receptionist, Matthew was the only significant family member recognized by Edelsten in the will, although he had hasn’t seen him since he was a child.
Beard, who has stayed out of the spotlight unlike his publicity-seeking father, reportedly attended Edelsten’s funeral on June 16, 2021.
It is believed that he kept in touch with Edelsten by telephone over the years and was very saddened by his death.
At the height of his success, Edelsten owned the Sydney Swans AFL football club, traveled by helicopter and led an extravagant life.
Edelsten left nothing to his two most recent ex-wives, American socialite Brynne Edelsten and former escort Gabi Grecko.
According to the will, Edelsten claimed to have received “substantial and excessive provision” during their marriages.
Beard inherited $50,000 after Edelsten, a disgraced doctor and notorious womanizer, died alone aged 78 in a Melbourne flat with just $60,000 in cash to his name.