The late singer Prince’s estate has been valued at over $156 million, nearly six years after his death, with the wealth set to be distributed among his family members in February. The IRS and the estate’s administrator, Comerica Bank and Trust, agreed to value Prince’s estate at $156.4 million, the Minneapolis Star Tribune reported. That figure was also accepted by the “Purple Rain” singer’s surviving siblings and their family members, and the process of dispensing it to them could start as early as next month. Prince’s estate is set to be divided almost evenly between a New York music company called Primary Wave, which bought out all or most of the interests of Prince’s three youngest siblings, and the three oldest of the artist’s six heirs or their families. Charles F. Spicer Jr., the court-appointed adviser for the remaining heirs of the estate, confirmed the valuation to Entertainment Weekly. “We’re looking out for the best interest …
Prince’s Estate Valued at Over $156 Million Nearly 6 Years After Death
January 17, 2022
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