On 15 July 2008, Fife-Yeomans reported further, via Australian News Limited, that "While Ledger left everything to his parents and three sisters, it is understood they have legal advice that under Western Australia law, Matilda Rose is entitled to the lion's share" of his estate; its executors, Kim Ledger's former business colleague Robert John Collins and Geraldton accountant William Mark Dyson, "have applied for probate in the West Australian Supreme Court in Perth, advertising for 'creditors and other persons' having claims on the estate to lodge them by 11 August 2008 ... to ensure all debts are paid before the estate is distributed...." According to this report by Fife-Yeomans, earlier reports citing Ledger's uncles, and subsequent reports citing Ledger's father, which do not include his actual posthumous earnings, "his entire fortune, mostly held in Australian trusts, is likely to be worth up to $20 million."
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"You know when you see the preachers down South? And they grab a believer and they go, 'Bwoom! I touch you with the hand of God!' And they believe so strongly, they're on the ground shaking and spitting. And fuck's sake, that's the power of belief... Now, I don't believe in Jesus, but I believe in my performance. And if you can understand that the power of belief is one of the great tools of our time and that a lot of acting comes from it, you can do anything."
Ledger died on the afternoon of 22 January 2008 due to a drug overdose. A few months before his death, Ledger had finished filming his performance as the Joker in The Dark Knight. At the time of his death, The Dark Knight was in its editing-phase and The Imaginarium of Doctor Parnassus was in the midst of filming, in which he was playing his last role as Tony. His untimely death also affected the subsequent promotion of The Dark Knight. His role as the Joker in The Dark Knight earned him widespread acclaim and popularity from both fans and critics alike, and is often regarded as one of the greatest performances in film history. Ledger also received numerous posthumous accolades for his performance in The Dark Knight, including the Academy Award for Best Supporting Actor, a Best Actor International Award at the 2008 Australian Film Institute Awards, the 2008 Los Angeles Film Critics Association Award for Best Supporting Actor, the 2009 Golden Globe Award for Best Supporting Actor – Motion Picture, and the 2009 BAFTA Award for Best Supporting Actor.
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After Brokeback Mountain, Ledger costarred with fellow Australian Abbie Cornish in the 2006 Australian film Candy, an adaptation of the 1998 novel Candy: A Novel of Love and Addiction, as young heroin addicts in love attempting to break free of their addiction, whose mentor is played by Geoffrey Rush; for his performance as sometime poet Dan, Ledger was nominated for three "Best Actor" awards, including one of the Film Critics Circle of Australia Awards, which both Cornish and Rush won in their categories. Shortly after the release of Candy, Ledger was invited to join the Academy of Motion Picture Arts and Sciences. As one of six actors embodying different aspects of the life of Bob Dylan in the 2007 film I'm Not There, directed by Todd Haynes, Ledger "won praise for his portrayal of 'Robbie [Clark],' a moody, counter-culture actor who represents the romanticist side of Dylan, but says accolades are never his motivation". Posthumously, on 23 February 2008, he shared the 2007 Independent Spirit Robert Altman Award with the rest of the film's ensemble cast, its director, and its casting director.
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^ Boucher, Geoff; Gold, Matea; Lieberman, Paul (23 January 2008). "Ledger's death is a shock to Hollywood, fans". Los Angeles Times. Retrieved 2 April 2009. Minutes after the news of Ledger's death broke, several hundred people gathered outside the Broome Street apartment building where Ledger had been living ... television crews and area residents were joined by fans, including some Brooklyn acting students.