Behind Steve Bing’s Sudden, Tragic End

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Behind Steve Bing’s Sudden, Tragic End
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Confidantes of Steve Bing, who died by suicide on June 22, reflect on the real estate heir’s complicated life: 'His friends ranged from the White House to the poor house.'

Confidantes of the Hollywood financier, who died by suicide on June 22, reflect on the real estate heir’s complicated life:"His friends ranged from the White House to the poor house."

Also on that friend list were people more known for their troubles: Heidi Fleiss, the notorious former Hollywood madam , has known Bing since she was 22. “I’m a felon,” says Fleiss, now 54. “I’m tremendously flawed. I love telling people Steve Bing was my best friend. Steve Bing is my royal flush. Try and beat it.”

Friends also believe a recent attempt at sobriety had failed. “He had a problem with alcohol and a problem with drugs, back and forth, on and off,” Pellicano acknowledges. But he discounts that as the deciding factor in Bing’s decision to take his life. According to Pellicano, Bing suffered from depression and was intermittently suicidal over the years.

At one time Bing started a green construction business and is reported to have paid Bill Clinton $2.5 million a year to serve as an adviser. He was reported to have spent nearly $50 million to finance Proposition 87, a doomed green-energy initiative on the California ballot in 2006. He gave millions to the Natural Resources Defense Council, and he contributed to varied other causes: schools in Haiti, the effort to rebuild New Orleans after Hurricane Katrina and more.

Bing’s grim ending was far from what agent and manager Gavin Polone had imagined in the mid-1970s when the two were in seventh grade at the Harvard School for Boys, as the precursor to Harvard-Westlake School was called. The two weren’t close later in life, but Polone vividly recalls Bing as a popular, good-looking kid whose attentiveness in class seemed to augur great things. “He would go home and rewrite the notes he took in class. He got straight As. He not only worked hard, he was smart.

After that, Bing moved mostly into producing, though he has one last writing credit on the 2003 comedymovies, says the two were drinking in a bar one night when Bing told him a story about two tourists and their misadventures in Australia. Rosenberg instantly thought they could sell the concept for a movie, and Rosenberg says they made a record-breaking deal for a comedy pitch at the time.

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