Prince Rogers Nelson best known as just Prince was an American singer, songwriter, record producer, multi-instrumentalist and actor. At the time of his death on 21st April 2016, Prince’s net worth was estimated between 200 and $300 million. Read further as we take you through the successful career of the iconic musician and how he amassed his wealth.
Prince Net Worth: Career Beginning And Rise To Fame
Prince Rogers Nelson was born on June 7, 1958 in Minneapolis, Minnesota to musician parents who greatly influenced his passion in music at a very early age. He wrote his first song at the age of 7. Prince recorded a number of songs with his cousin’s band 94 East before releasing his debut album “For You” (1978) at the age of 20. His sophomore self-titled album “Prince” released in 1979 shot him to fame thanks to the incredible successes of two hit singles “Why You Wanna Treat Me So Bad” and “I Wanna Be Your Lover”. The album was certified platinum.
Prince’s subsequent albums in the 80’s were all successful with songs in all the music genres there are- rock, funk, pop, rnb, dance, new wave. Among these album’s were “Dirty Mind”, “Controversy” and “Purple Rain”. Purple Rain which sold 13 million copies had a title track which was the soundtrack for a movie of the same name which was also Prince’s debut film role. The song won him an Academy Award for best original song.
A talented multi-instrumentalists, he produced most of his songs. Thanks to his energized stage performances, his concerts raked north of $3 million. Prince was most times perceived as a controversial artists due to his signature sexual lyrics. In the early 90’s, following a heated controversy between him and Warner Bros which he was signed to at the time, Prince changed his name to an unpronounceable symbol and released four records between 1994 and 1998. He later signed with Arista Records, changing his name back to Prince.
Prince Net Worth: Accomplishments, Later Days And Death
A prolific songwriter, Prince released almost 40 albums throughout his career. According to reports, there are a plethora of works done by the artists that have never been officially released. His albums sold over 100 million copies worldwide qualifying him as one of the best-selling artists of all time. 14 of his singles made it to the Billboard Top 10 charts with 5 of them peaking at #1 the Billboard 100.
Prince won a total of 7 Grammys, 1 Golden Globe and Academy Awards. His last album before his death was “HITnRUN Phase Two”. It was originally released on December 2015 via Jay Z-owned Tidal streaming service. Prince was scheduled to hold his final concert in his resident Paisley Park before his unexpected and shocking death.
He was found dead in an elevator in his Paisley Park estate in Minnesota said to be worth $10 million. It was reported that the artist was ill two weeks prior to his death, however, there are still unanswered question surrounding the death of the legendary music icon.
Prince Net Worth: Who Will Inherit Prince’s Fortune
Prince left behind no children and according to his sister Tyka no will as well, which begs the question of who will inherit his millions. According to Minnesota state laws, in the absence of a will, the deceased’s fortune would be inherited first by the spouse, children, grandchildren, parents, siblings, and finally other distant relatives.
As earlier stated, Prince left behind no children. His only son Boy Gregory died a week after birth. Prince was also unmarried at the time of death. His both parents are also late. This leaves his siblings the next in line to inherit his fortune.
Prince reportedly has six siblings with the closest in blood line being Tyka Nelson as all others are half-siblings. However, the state law makes no exception for the half siblings which means Prince’s fortune might be shared equally among his six siblings. Well, the final verdict will be decided after a court hearing. They could also stand the chance to benefit from the iconic artist’s future royalties. RIP PRINCE (57).