It has been nearly a year since Ozzy Osbourne passed away. He was diagnosed with Parkinson’s disease in 2003, though he didn’t go public with his medical issues for over a decade. The rock legend was forced to stop touring. His son, Jack Osbourne, was hit with a lawsuit over an unpaid $250K loan amid rumored money issues. Keep reading for more details on the surprising situation.
Osbourne Family Facing Money Troubles After Ozzy’s Death?
Ozzy Osbourne’s initial claim to fame was as the lead singer of Black Sabbath. However, he was kicked out of the band in 1979 due to a serious drug problem. His future wife, Sharon, became his manager after he left the rock band. She helped him get clean and make a comeback as a solo artist.
In addition to his music career, Ozzy Osbourne and his family starred in a reality show on MTV for four seasons. It brought a whole new audience to the rock legend. However, viewers didn’t know at the time that the musician was battling Parkinson’s disease. He didn’t go public with the diagnosis until 2020 after he was forced to cancel his “No More Tours 2” tour. He initially “retired” from touring in 1992 but returned for another tour.
Despite officially retiring from touring, Ozzy Osbourne had one final show in him. He reunited with Black Sabbath on July 5, 2025, at Villa Park in Birmingham, England. It would be his last show ever. The “Mama, I’m Coming Home” singer passed away just a few weeks later, on July 25.
After a lengthy and lucrative music career, Ozzy Osbourne’s net worth at the time of his death was a reported $220 million. However, his family appears to be struggling financially since his death nearly a year ago. Sharon Osbourne recently put their Los Angeles mansion on the market. Now, his son, Jack Osbourne, was sued for an unpaid loan.
Jack Osbourne Hit With Lawsuit Over Unpaid $250K Loan
Jack Osbourne launched the Osbourne Media House website in 2024. The website hosted the family’s podcast, episodes from the reality show, and more, all for just $10 a month. However, the website was shut down within a year. Ozzy Osbourne’s son said at the time that the family “bit off more than they could chew” with the expensive venture.
Jack Osbourne said the website was funded by the family and was no longer sustainable. Now, he’s been hit with a lawsuit over an unpaid loan. According to The New York Post, Ozzy’s son took out a $250K loan in early 2021 as the sole owner of Osbourne Media LLC. But he defaulted on the loan in January 2026.
Once he defaulted on the loan, the full amount was due immediately. It remains unpaid, accruing $81.60 in interest a day. The lender, Comerica Bank, wants their money back. Come back to TV Shows Ace for updates on this developing story.
Jennifer Havener grew up in a small town in Upstate New York. She earned her B.A in Writing & Literature from Naropa University in Boulder, Colorado. She always knew watching reality TV shows and soap operas, particularly ‘Days of Our Lives’, would come in handy someday. When she’s not writing, she’s playing with her dogs, Lola and Ruger
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