Prince Net Worth: Career & Lifestyle

Prince
Prince (Source: WallpaperAccess)

Late American singer, musician, and actor Prince’s net worth is estimated at $200 – $300 million.

Prince was one of the most successful artists of his time. He sold more than 100 million albums worldwide in his career.

Also, Prince’s style of music is influenced by R&B, soul, rock, new wave, rap, jazz, and folk, among others.

Prince-salary
Prince in a Blue Coat (Source: Pinterest)

Likewise, he was popular for playing almost all of the instruments on his recordings.

Moreover, Prince won a prestigious Academy Award, a Golden Globe, and seven Grammy Awards.

Unfortunately, the superstar passed away at the age of fifty-six in 2016.

Prince | Quick Facts

Let us have a look at Prince’s life.

Full Name Prince Rogers Nelson
Nickname Prince
Net Worth $200 – $300 Million
Salary $13 Million Per Annum
Date of Birth 7 June 1958
Death  April 21, 2016
Birth Place Minneapolis, Minnesota, United States
Nationality American
Zodiac Sign Gemini
Height 5’2″ ( 157 cm)
Weight 45 kg (112 lbs.)
Shoe Size 6 (US)
Eye Color Brown
Hair Color Black
Occupation Singer, Musician, Songwriter, Multi-instrumentalist, Record producer, Actor, Dancer
Father’s Name John L. Nelson
Mother’s Name Mattie Della Shaw Baker
Siblings 8
Sibling Name Tyka Nelson

Duane Nelson

Norrine Nelson

Lorna L. Nelson

Omar Baker

Sharon L. Nelson

John R. Nelson

Alfred Jackson

Marital Status Passed Away
Partner Manuela Testolini (m. 2001 -2006)

Mayte Garcia (m. 1996 – 2000)

Sexual Orientation Straight
Children 1
Children Names Amiir Nelson
Ethnicity Mixed
Education Central High School
Songs When Doves Cry, Little Red Corvette, Raspberry Beret, I wanna be your Lover, Kiss, Let’s go crazy,  Batdance, Cream
Music Albums Purple Rain, Parade, Prince, Sign O the Times, Batman, Diamonds and Pearls, Controversy
Awards 6 Grammy Award, Grammy Hall of Fame, 2 MTV VMA, 3 AMA, Academy Award, Billboard Icon Award, People’s Choice Award, BET Lifetime Achievement Award
Band  The Revolution, 3rd eye girl, The Family, 94 east, Madhouse
Years Active 1975–2016
Merch Signed Photo, Funko Pop, Miniature Guitar
Social Media Facebook, InstagramYouTube, Twitter
Last Updated July 2022

Prince | Net Worth and Income

Late Prince’s net worth was between $200 to $300 million at the time of his death.

He made most of his fortune through his very successful music career.

The worldwide famous musician earned $100,000 at the time of his death in 2016. The estimated earnings were accumulated through recording sales from his compilation album 4ever.

Likewise, Prince’s earnings per year are listed below based on his record sales.

Earnings  Record Sales from Albums/ Tours Year
$57,000
HITnRUN Phase Two 2015
$33,000 + $66,000 Plectrumelectrum, Art Official Age 2014
$168,000
Lotusflow3r / MPLSound 2009
$5,000,000 Coachella Festival 2008 2008
$278,000 Planet Earth 2007
$87,400,000+ $560,000+

$315,000
69 city, 96 show tour, 3121, Ultimate Prince 2006
$56,500,000+ $2,150,000 Musicology 2004
$30,000  N.E.W.S 2003
$3,455,000+ $560,000 The Very Best of Prince, The Rainbow Children 2001
$500,000 Rave Un2 the Joy Fantastic 1999
$500,000 Newpower Soul 1998
$2,100,000 Emancipation 1996
$600,000 The Gold Experience 1995
$800,000 Come 1994
$1,315,000 The Hits 1993
$1,470,000 Love Symbol Album 1992
$4,410,000 Diamonds and Pearls 1991
$2,450 Graffiti Bridge 1990
$11,000,000 Batman 1989
$1,250 Lovesexy 1988
$2,000,000 Sign o’ the Times 1987
$2,000,000 Parade 1986
$7,000,000 Around the World in a Day 1985
$25,000,000 Purple Rain 1984
$4,350,000 1999 1982
$1,100,000 Controversy 1981
$500,000 Dirty Mind 1980
$3,000,000 Prince 1979
$2,000 For You 1978

Moreover, Prince earned additional income from numerous endorsements and sponsorships.

Strictly speaking, famous artists, including Prince, are paid millions over their lifetime for their songs’ royalties.

Read About JK Rowling Net Worth: Books, Career & Lifestyle

Assets

From the conflict between Comerica and IRS, a pretty clear idea was given of the precise assets controlled by Prince at the time of his death and their debated values.

Here is a complete breakdown of Prince’s most significant assets with their respective values.

Prince’s Assets Comerica (Value in USD) IRS (Value in USD)
NPG Publishing (the entity that owns his songwriting copyrights) $21 Million $37 Million
Prince’s Share of songwriting catalog $11 Million $22 Million
Prince’s record label (NPG Records) $19.4 Million $46.5 Million
149 acres Paisley Park in Chanhassen, Minnesota $11 Million $15 Million

Estate

Clearly, everyone knows that Prince didn’t die of natural causes but rather from a drug overdose. After his passing away, the value of Prince’s estate was distributed to his six adult family members (among them, a half-brother who died in 2019).

A furious debate occurred following Prince’s death over the value of his estate. Comerica Bank & Trust (the estate’s administrator) submitted an estimate of $82.3 million as the total value of Prince’s estate.

However, the Internal Revenue Service, in January 2021, claimed Prince’s estate was substantially rated too low and was actually closer to $163.2 million.

It later came to an agreement in January 2022 that his estate was worth $156.4 million.

As mentioned, Prince’s estate was to be split evenly between his music company Primary Wave and three of his eldest family heirs.

Prince’s Net Worth in Different Currencies

Let us see what Prince’s net worth is in different currencies.

Currency Net Worth
Euro € 220,493,750
Pound Sterling £ 184,237,500
Australian Dollar A$ 346,098,750
Canadian Dollar C$ 318,451,250
Indian Rupee ₹ 18,690,187,500
BitCoin ฿ 6648.42

Prince | Houses

Seeing the luxurious life of global star Prince, fans expected much admiration from his time in Beverly Hills purple mansion.

Prince’s Beverly Hills purple mansion was listed for a whopping $29.9 million in April 2020.

Prince-house
Prince’s Beverly Hills Purple Mansion (Image Source: SCMP)

His 18,000 sq. ft. property has its grand splendor with a unique backstory.

Prince rented the house from NBA star Carlos Boozer who previously owned the house with Elizabeth Taylor.

During his time in the mansion, Prince updated almost the entire house, adding purple striped walls and a disco room. Likewise, he turned Boozer’s bedrooms into hair salons and massage parlors.

Cars

As a global icon and a successful musician, Prince spent a huge fortune on cars.

Besides his expenditure in eccentric fashion sense, including high-heeled shoes and makeups, Prince correlated much to the vehicles in his garage.

Some of Prince’s cars include Buick Wildcat, Ford Thunderbird, Jeep Grand Cherokee, Lincoln Town Car, BMW 850i, and BMW Z3.

Likewise, he owned a private bus, Prevost Bus. Prince also had a private jet in his possession.

And yes, talking about two-wheel motorbikes, Prince had a Purple Rain Hindamatic CM400A.

Additionally, he owned many expensive vehicles, including Cadillac XLR, Cadillac Limousine, 1999 Plymouth Prowler, Bentley Continental GT, Buick Electra 225, BMW 633CS, Lincoln MKT, and Red Corvette.

Prince | Lifestyle and Vacations

Lifestyle

Prince’s net worth at the time of his death in 2016 was over $200 million.

Prince Rogers Nelson, aka Prince, was born on 7 June 1958 in Minnesota. He was born in a musician family to Mattie Della and John Lewis Nelson.

Prince had a strong interest in music from his early childhood. He wrote his first song at the young age of seven on his father’s piano.

Prince Net Worth- Prince-speech
Late Prince Rogers Nelson (Image Source: People)

Prince went to Central High School. Likewise, he was a student at the Minnesota Dance Theatre.

Moreover, Prince tied the knot with Mayte Garcia in 1996. The ex-couple had a son named Amir Nelson in 1996. Unfortunately, the infant died after one week of a rare genetic syndrome.

Things didn’t go well between the two, so he divorced Mayte in 2000.

Additionally, Prince married Manuela Testolini in 2001, and the pair separated in 2006.

Vacation

Prolific singer and musician Prince obviously enjoyed luxurious vacations in the exquisite destination.

He used to travel in his private jet for holidays and tours. Hence he had no problem traveling and taking vacations.

Because the late musician got the opportunity to go on music tours in distinct locations worldwide, it is safe to assume that Prince took short vacations as part of his work.

Prince | Charity

Generous Prince didn’t speak much of his philanthropy out in public.

However, his charitable efforts and humanitarian became quite the subject after his death.

Prince anonymously had donated a huge sum of money to libraries.

Reportedly, he also paid the medical bills of several struggling musicians.

Also, Read About Lalisa Manoban Net Worth: Career & Lifestyle

Prince | Demands of his Music Albums After Death

Prince’s tragic and untimely death on 21 April 2016 created a surge in demand for his past work.

Within hours after his passing, the legendary musician was back at the top of the Billboard albums chart.

In 2016, Prince was the best-selling musical artist, surpassing popular artists including Drake and Adele.

Moreover, Prince’s estate and Sony started releasing a mix of remastered old material and new material from his vault after two years of his death.

Prince | Career

Late Prince started his music career at the young age of 19. He signed a recording contract with Warner Bros. Records and released two albums named Prince and For You.

The late artist made a critical success with the innovative albums including Controversy, 1999, and Dirty Mind.

No doubt, Prince remains one of the top-selling postmortal artists of all time.

Prince Net Worth- Prince-career
Late Prince on His Music Tour (Image Source: Conde traveler)

Furthermore, Prince’s YouTube channel has more than 1.5 million subscribers as of July 2022.

Similarly, his film credits include Purple Rain, Prince and the Revolution, Graffiti Bridge, Sign O the Times, and more.

Countless fans of Prince are sure that his net worth will only grow and rise even after his death. Safe to say, the artist has really left a huge impact on the music industry worldwide.

Three Facts About Prince

  • Prince managed to land at number 10 spot on the Forbes list of top-selling dead celebrities in 2020. He came after famous names, including Michael Jackson, John Lennon, Bob Marley, and Elvis Presley.
  • Prince’s estate has not been settled to this day, after his death. As a matter of fact, he passed away untimely and suddenly.
  • According to a BBC documentary, Prince’s vault has enough material to put out a new posthumous album every year for the next 100 years.

FAQs

How much did Prince spend on his fashion looks?

Prince was famous for his reasonable opulent ways. Reportedly, he possessed 67 gold bars costing more than $840,000.

Was Prince a vegan?

Yes, Prince strictly followed a vegan diet. Also, he became a Jehovah’s Witness.

Was Prince into sports?

Yes, he enjoyed playing football, basketball, and baseball in his high school. Also, he loved basketball as an adult.

How rich was Prince?

He was very rich. Prince’s net worth was somewhere between $200 and $300 million at the time of his death.

Also, Read About 10 Celebs Who Rejected An Oscar & Why?

4 Shares:
Leave a Reply

Your email address will not be published.

You May Also Like