Prince’s Estate Is Finally Settled Prepare for a Deluge of Prince Stuff
The battle over Prince’s $156 million estate has finally come to an end six years after the music legend’s death.
A Minnesota state judge on Monday split cash, music rights and other assets belonging to the late icon evenly between two holding companies ― Prince Legacy LLC, controlled by a group of three half-siblings and their advisers, and Prince Oat Holdings LLC, controlled by three other half-siblings and the music publishing company Primary Wave, according to People.
Prince, who died of a fentanyl overdose in 2016, hadn’t written a will and his half-siblings were named legal heirs due to his lack of kids and a spouse, according to Billboard.
When Prince died, his six half-siblings were named legal heirs. Three of them sold shares to Primary Wave, while three others retained their stakes and partnered with advisors L. Londell McMillan and Charles Spicer.
the settlement will open the door to a wave of Prince-branded enterprise, including at his famed Paisley Park home outside of Minn
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