How Did Prince’s Death Cause An Estate Battle In His Family? See Who Inherited His Fortune
Prince won the hearts of millions with his music, dancing, and flamboyant style after entering the music industry in 1975. He showed his incredible talents by playing most or all instruments in his records and sold over 150 million records, making him one of the best-selling artists in music history.
The icon got married and divorced twice and didn’t have any children when he died from an accidental fentanyl overdose in his home in 2016. Aside from filling his fans with sorrow, his death resulted in big conflicts between his relatives and people who claimed they were related.
The legal battle for his inheritance is an ongoing problem with active lawsuits as he didn’t leave a will behind to determine who gets the estates, loyalties, and money he left behind. His songwriting and record loyalties already exceed $105 million, and his estate is worth over $15 million, excluding the house he lived and recorded in.
Prince Had A Net Worth Of Over $200 Million
With his fame, success, and talents, he managed to lead a very luxurious life. However, after his death, 700 people claimed they were related to Prince to get a part of his fortune. The judge narrowed down his heirs to six people, mainly with DNA testing. The musician’s vault was drilled, and his DNA was obtained to proceed with the DNA testings.
His remains were cremated and are now placed in his house, the Paisley Park estate. Prince’s half-relatives were able to claim rights to his estate since he didn’t have any wife or children. His current heirs are his full sister, Tyka Nelson, and half-siblings Norrine Nelson, Sharon Nelson, John Nelson, Alfred Jackson, and Omarr Baker.
The heirs are currently still fighting for the Purple Rain’s estate ownership, and the court has stated that this issue may not be settled for decades, yet no one seems to be backing off. The estate is currently owned by Comerica bank, and unfortunately, it is at $31 million behind on taxes and will increase as time passes.