There's No Will for Prince's Estimated $200M Estate

Which means it will likely be split among all of his siblings
By Jenn Gidman,  Newser Staff
Posted Dec 1, 2016 7:07 AM CST
Prince's Estate Estimated at $200M: Court Docs
Prince apparently didn't leave a will.   (AP Photo/Chris O'Meara, File)

It's not really a surprise that Prince was worth a whole lot of money when he died in April, but now there's a number on it. The singer's estate is estimated to be worth $200 million, per a court filing, which is about half of what David Bowie's will estimated his own estate was worth when he passed away in January, the AP notes. The news agency figured out this estimate by taking the monthly fee charged by the company overseeing Prince's estate, per a memo, then extrapolating that based on the company's fee schedule, which is based on the worth of an estate; two estate lawyers not tied to the case agree it's a fair estimate. There's no known will in Prince's case, so after taxes (which will probably slash the estate's worth in half or so), his sister and five half-siblings aim to split the estate equally. (More Prince stories.)

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