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.
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.
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.
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.
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.
Late Prince on His Music Tour (Image Source: Conde traveler)
Furthermore, Prince’s YouTube channel has more than 1.5 million subscribers as of June 2023.
Similarly, his film credits include Purple Rain, Prince and theRevolution, 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.
Hola! Its me Manzil Shrestha. I am a content writer for geniuscelebs.com. You can contact me through the website if you have any queries about my content. And I'm always open to reasonable suggestions.
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