How Much Was Bernie Tiede’s Net Worth Before Going To Prison?

By RahulPublished on: March 31, 2024 Updated on: March 31, 2024
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Before he went to prison in 1999 he had a net worth somewhere in the range of $5 to $10 million. As a mere assistant funeral director in Carthage, Texas, Bernie used to earn $18,000 a year. But it all changed when he met, Marjorie, who had inherited millions, following her husband’s death.

The Complex Case of Bernie Tiede

Bernie’s case is one of the most unusual and talked-about criminal cases in Texas. He was a mortician in Carthage, Texas, a small town where he was well-liked and known for his generosity and compassionate nature. Before the crime, Tiede worked at Hawthorn Funeral Home, where his duties involved preparing bodies for burial. He was especially famous for his ability to comfort grieving families.

Tiede met Marjorie Nugent in 1990, following the funeral of her husband, R.L. “Rod” Nugent, a wealthy oil and banking businessman. Marjorie, 81 years old at the time she was murdered in 1996, was considerably wealthier than most in the small town of Carthage, having inherited her late husband’s fortune. After her husband’s funeral, they grew close, with Tiede becoming Nugent’s business manager and companion. Their relationship was complex; while Tiede benefited from Nugent’s wealth, enjoying travels and a lavish lifestyle, he also managed her financial affairs and was the beneficiary of her will.

Despite Tiede’s reputation, the relationship took a dark turn. In November 1996, Tiede shot Marjorie four times in the back with a .22 caliber rifle, killed her, and stored her body in a freezer at her home, where it remained undiscovered for nine months. During this time, he continued to spend Nugent’s money and even made significant donations to local charities and individuals in need, solidifying his image as a generous man in the community.

The crime came to light in 1997 when Marjorie’s family, concerned about her extended absence, pressed for an investigation, leading to the discovery of her body. Tiede confessed to the murder but claimed that Nugent was controlling and abusive, contributing to his emotional and psychological breakdown.

Initially sentenced to life in prison in 1999, Tiede’s case took another turn in 2014 when new evidence suggested that Tiede had been sexually abused as a child. This led to his temporary release on bail, with a new sentencing hearing set to reconsider his sentence in light of the new evidence. However, in a retrial in 2016, Tiede was again sentenced to 99 years to life in prison.

The story was later adapted into the 2011 film Bernie, which brought wider attention to the case and the peculiar circumstances surrounding it. In the Black/Comedy movie, Jack Black portrayed Bernie and Shirley MacLaine played Marjorie.

About Author: Rahul

Rahul has been diving into the world of entertainment in niches like celebrity, anime, and health articles since 2016. As a passionate writer, he combines personal experiences with thorough research to create content that's not only informative but also relatable and engaging.