Wrestling legend and pop culture icon Terry Gene Bollea, better known as Hulk Hogan, passed away on July 24, 2025, at the age of 71, leaving behind a legacy that transcended the ring. Best known for his larger-than-life persona, signature handlebar mustache, and “Hulkamania” catchphrase, Hulk was a defining figure in 1980s and ’90s sports entertainment. Survived by his wife, Sky Daily, and children, Brooke and Nick, Hulk’s impact is felt across television, film, and entrepreneurship, cementing him as one of the most influential and recognizable figures in modern entertainment history.

So, what happens to Hogan’s estate now? Here’s what a paralegal said about how 30% of the estate will go to Daily — and how Nick just proved he’s fine with that.

Hulk Hogan’s wife, Sky Daily, will receive a hefty portion of his estate

Hulk Hogan’s estate reflects both his wrestling superstardom and his savvy off-screen ventures. At the time of his passing, Hulk had built a diversified portfolio that extended far beyond the ring. His Clearwater Beach hotspot, “Hogan’s Hangout,” remained a popular tourist attraction. In 2024, he launched Real American Beer, tapping into his patriotic brand with a line of all-American brews that gained quick traction in the Southeast. Perhaps most notably, Hulk had recently co-founded Real American Freestyle, a wrestling league set to debut in summer 2025.

While the exact value of his estate hasn’t been publicly disclosed, it includes multiple real estate holdings, business interests, and royalties from decades of WWE appearances and licensing deals. Overall, Hulk died with a net worth of around $25 million. Florida estate expert and paralegal at The Schofner Law Firm, June Frederiksen, told The U.S. Sun that Hulk’s wife, Sky Daily, stands to inherit a lot of his wealth because they lived in Florida.

“He married Sky two years ago, so he probably updated the trust so she would get a spousal elective share,” Fredricksen told the publication. “Even if Sky was left out of his estate and he didn’t update his trust since they married, she would still get a spousal elective share, which she is entitled to 30% in Florida.”

The Hogan family could possibly end up in estate court if someone contests what the trust directs. “If Brooke is left out of the will, she can contest it,” Fredericksen noted as an example. Then, the battle would land in probate court.

Nick Hogan just proved there’s no bad blood with Sky Daily

Could Sky Daily receiving a significant part of Hulk Hogan’s estate spark a family feud? It appears there’s no bad blood between Daily and Hulk’s 35-year-old son, Nick Hogan. Daily posted a sweet tribute to Instagram for Nick after Hulk’s death.

“Happy birthday @nickhogan!” she captioned the post, which included a photo of Nick smiling with Hulk. “We love you so much. Your dad couldn’t have been prouder of the son you are … loyal, loving, hard-working, and always there when it mattered most. The strength and heart you’ve shown all along means more than I can say. I’m so grateful for you, and I know Terry felt the same every single day.”

“Thank you so much Sky, I really appreciate everything you did for my father and are doing for all of us at this time,” Nick commented back.

Before Daily posted the tribute to Nick, she created a heartfelt Instagram post about Hulk’s death. In the post, she detailed how her heart was in “pieces” following the news.

Linda Hogan received a lot of money from Hulk Hogan in their divorce

Hulk Hogan was married twice before Sky Daily. And he lost significant money in his divorce from Linda Hogan.

Hulk and Linda finalized their divorce in July 2009 after 26 years of marriage. Their split was both high‑profile and financially lopsided in Linda’s favor, particularly because they had no prenuptial agreement. Court documents reveal that Linda received 70% of the couple’s liquid assets — about $7.44 million, out of roughly $10.41 million in combined bank and investment accounts, according to the Law Office of V. Wayne Ward. In addition, she obtained 40% ownership in Hogan’s business enterprises and a $3 million real estate settlement.

Linda also kept several of the couple’s luxury vehicles — reportedly a Mercedes‑Benz, Cadillac Escalade, Corvette, and a Rolls‑Royce — while Hogan retained the remainder.

For more news and exclusive interviews, follow Showbiz Cheat Sheet’s Instagram.