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Elizabeth Hurley’s 19 year old son Damian will reportedly not receive a penny following the death of his dad Steve Bing, a judge has ruled.

The multimillionaire was found dead in June last year outside a luxury apartment building in California at the age of 55.

Liz shared son Damian with Steve, after the pair dated in 2001, and the late businessman was also father to 21 year old daughter, Kira, with former tennis player Lisa Bonder.

It is thought the multimillionaire had squandered much of his fortune and he left nothing in his will for the children.

Despite this, both children were due to inherit from a £200million "grandchildren trust" which was set up by his 90 year old father, Dr Peter Bing, before they were born.

In March 2019 Steve's father Dr Bing went to court to cut Damian and Kira out of the "grandchildren trusts" based on the fact they were born out of wedlock but a judge ruled agains him.

However Dr Bing appealed the decision and, four months after his son's death, a judge ruled that he could distribute the trust, according to the Daily Mail.

The new ruling will mean that the "grandchildren trust" will go to the two children of Steve’s sister, Mary, who were both born in wedlock.

Actress and model Liz is reported to be “horrified and devastated” by the latest ruling especially as her son Damian was starting to build up a relationship with his father in the months leading up to his death, according to the publication.

OK! Online has contacted a representative of Liz Hurley for comment.

The father-son bond only began on Damian’s 18th birthday when his father called him for the first time having been absent for most of his life.

Throughout the turbulent court cases surrounding Steve’s fortune, Liz has kept a dignified silence but she did pay tribute to her ex when he died.

Liz shared a heartfelt tribute at the time of his death and opened up about her “devastation” over the loss of Steve.

She wrote: “I’m saddened beyond belief that Steve is no longer with us.

“Our time together was very happy & although there were some tough times, the memories of a sweet, kind man are what matter.

“We became close again in the last year & last spoke on our son’s 18th. This is devastating news.”

Damian also spoke out on his father's passing and took to Instagram to thank everyone for their support in the "strange and confusing time".

He said, “I’m trying to reply to as many of you as I can, but please know I will always remember your kindness. This is a very strange and confusing time and I’m immensely grateful to be surrounded by my phenomenal family and friends.”

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