The troubled 25-year-old, who reportedly inherited $4.5 million when his mother died in June 25, 2009, has spent the last year in intensive drug treatment. O'Neal, whose father is actor and longtime Fawcett lover Ryan O'Neal, graduated Thursday from the court-ordered program, and received a hug from Los Angeles Superior Court Judge Michael Tynan.
"My plan is to move forward with my life, clean and sober," O'Neal, 25, said in a statement released to People magazine. "I am going to do so privately and with as much quiet dignity as I can."
O'Neal had been undergoing rehab after several drug-related arrests. He briefly spoke to a crowded courtroom filled with friends and family of graduates, saying he was nervous to speak at the podium, but said, "Thank you to everyone in this courtroom who's helped me out."
Addressing the more than a dozen graduates, Judge Tynan said, "This is the fight for the rest of your life."
Fawcett left nearly all of her estate to her troubled son, but took steps to ensure he doesn't squander it. The "Charlie's Angels" actress, who was 62, updated her will two years ago before her death, after learning her anal cancer had spread to her liver, according to KTLA television in Los Angeles.
A shackled Redmond O'Neal was able to visit his dying mother at her hospital bedside in the weeks before her death, with his father, actor Ryan O'Neal, admonishing him, "Don't rattle your chains."
"Farrah appointed two trustees to make sure the money supports her son's journey into sobriety rather than giving him the means to destroy himself. Redmond's inheritance will be tightly controlled," reported the Daily Mail of London.