Prince had $25million in real estate and hoarded cash before his death: Inventory of megastar's $300M estate shows he built up a property portfolio and had $110,000 in his bank accounts before his overdose
- Court document shows Prince had dozens of properties listed for $25 million
- About $110,000 was in four bank accounts, unclaimed property and cash
- There was 67 10-ounce gold bars valued at nearly $840,000, document shows
- Items such as his instruments and two motorcycles haven't been given value
A recently released inventory of Prince's estate shows the pop icon had acquired millions of dollars in real estate and other personal property at the time of his death in April 2016.
The inventory, which was submitted to the probate court in Carver County, was compiled by Bremer Trust.
Bremer Trust listed dozens of properties in Carver and Hennepin counties in Minnesota with an estimated value of $25.4 million, according to the Star Tribune.
A recently released inventory of Prince's estate shows the pop icon had acquired millions of dollars in real estate and other personal property at the time of his death. Prince died at age 57 on April 21 from an accidental overdose of the painkiller fentanyl
The inventory, which was submitted to the probate court in Carver County, was compiled by Bremer Trust which listed dozens of properties in Carver and Hennepin counties with an estimated total value of $25.4 million
The Purple Rain hitmaker didn't leave a will, but his estate has been valued between $100 million and $300 million before taxes. Bremer Trust listed that there was about $110,000 in four bank accounts, unclaimed property and cash
However, much of the superstar's estate has not yet been valued, according to the document that was released by the Carver County District Court.
Prince died at age 57 on April 21 from an accidental overdose of the painkiller fentanyl.
The Purple Rain hitmaker didn't leave a will, but his estate has been valued between $100 million and $300 million before taxes, according to the Tribune.
Bremer Trust listed that there was about $110,000 in four bank accounts, unclaimed property and cash.
There was also 67 10-ounce gold bars valued at nearly $840,000.
Paisley Park Enterprises Inc, NPG Records Inc, NPG Music Publishing and Lotus Flow3r had more than $6 million in cash on hand at the time of his death.
NPG Records has more than $6.8 million in arbitration receivable, according to the document.
Some of his belongings, including instruments, jewelry, a 2006 Bentley and the iconic Purple Rain and Graffiti Bridge motorcycles, haven't been given a value.
Paisley Park Enterprises Inc, NPG Records Inc, NPG Music Publishing and Lotus Flow3r had more than $6 million in cash on hand at the time of his death. Pictured is the exterior of Prince's Paisley Park on November 2
Prince's fortune will likely be divvied up among his sister Tyka Nelson (left) and half-siblings Sharon Nelson, Norrine Nelson, John Nelson, Omarr Baker and Alfred Jackson. Two of Prince's properties in Minneapolis sold for a total of $390,000 just before Christmas
Prince's half-brother Omarr Baker is pictured leaving the Carver County Justice Center in June 2016
A hearing scheduled for January 12 is expected to resolve a number of issues related to the estate. Pictured is Prince's half-brother Alfred Jackson (left) in June 2016 and his half-sister Norrine Nelson (right)
Prince's fortune will likely be divvied up among his sister Tyka Nelson and half-siblings Sharon Nelson, Norrine Nelson, John Nelson, Omarr Baker and Alfred Jackson.
A hearing scheduled for January 12 is expected to resolve a number of issues related to the estate.
A pair of properties owned by the late singer-songwriter at the time of his death were sold for a total of $390,000 in Chanhassen, Minneapolis, according to theLos Angeles Times.
The largest was a 1.82-acre parcel of land that sold for $240,000.
A second property, nearly half an acre listed for $599,999, sold just before Christmas for $150,000, according to the Times.
Two of Prince’s other properties, a 1.5-acre wooded lot on Lake Riley and a 1960s ranch-style home, are currently pending sale.
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