Anthony Bourdain was wealthier than the $1.2 million that his estate is worth

TMZ

The news that the late CNN host's will stated that his estate was worth only $1.2 million was a head-scratcher, particularly since previous estimates pegged his fortune to be $16 million. But as TMZ explains, it appears Bourdain "created a trust outside the will which contained an undisclosed amount of assets. It's very common for rich folk to create trusts outside of their will ... partly for tax purposes and partly for privacy."