Five years after his passing, court officials are edging closer to finally dividing up Prince’s estate.
Though the specific number has yet to be disclosed, The Minneapolis Star Tribune reported that the superstar’s assets could be worth more than $100 million after the IRS determined that Prince’s holdings were worth $163.2 million in 2020.
The court is scheduled to begin discussions in February on how best to divide up the assets most likely between New York music company Primary Wave and Prince’s three oldest heirs or their families as the former firm bought out all or most of the interests of Prince’s three youngest siblings.
Prince died of a fentanyl overdose at his Paisley Park home in Carver County in April 2016. He didn’t have a will.
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Author: Saul Goode
Photo: nicolas genin