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How much money had Steve Irwin been spending before his death

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Steve Irwin, the fearless “Crocodile Hunter,” remains one of the most recognisable conservationists in the world. Famous for his daring wildlife encounters and hit TV programs, such as Croc Files and The Crocodile Hunter Diaries, Irwin built a global following. However, when he died tragically in 2006, the financial reality left to his family shocked many.

The Crocodile Hunter, Steve Irwin, tragically died in 2006. (Credit: Justin Sullivan/Getty Images)

Irwin was just 44 when a stingray fatally struck him while filming a documentary. His wife, Terri, now 61, and children, Bindi, 27, and Robert, 21, inherited far less than people imagined. According to realestate.com.au, Steve’s life insurance policy was valued at only $200,000.

In a 2024 interview with the Australian Financial Review, Terri explained that nearly all of Steve’s income had been reinvested in wildlife preservation and the Australia Zoo. “Everything was reinvested into conservation work,” she said. “I was in debt… and Steve’s life insurance, I think, was the total of $200,000, which did not even cover half of one week’s payroll.”

Son Robert Irwin, Terri Irwin, Steve Irwin, and daughter Bindi (Credit: Australia Zoo via Getty Images)

Though the amount was modest, Steve had ensured a 10-year business plan was in place to protect the family and shield the zoo’s future from outsiders attempting to make false claims. Although the details are unclear, it is expected that Robert and Bindi will one day inherit the Queensland conservation facility.

(L-R) Conservationists/TV personalities Terri Irwin, Bindi Irwin and Robert Irwin attend Steve Irwin being honored posthumously with a Star on the Hollywood Walk of Fame on April 26, 2018 (Credit: David Livingston/Getty Images)

Both children have already stepped up as public figures, carrying on their father’s mission. Appearing on BBC Radio 2’s Scott Mills Breakfast Show in June, Robert became emotional after hearing a never-before-seen clip of his father talking about his life’s “ultimate goal.”

video by:bbcradio2

“It is emotional to hear that,” Robert said. “It means so much, and when you dedicate your life to legacy, it really makes you think about how we all get to create our legacy. He is my superhero – he always will be. Moreover, he was, I think, a superhero to an entire generation.”

Though his family did not inherit vast sums of wealth, Steve Irwin’s true gift was his legacy. His dedication to wildlife conservation, his passion for education, and his inspiration to millions around the globe remain his most valuable legacy.

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