Late American singer, musician, and actor Prince’s net worth is estimated at $200 – $300 million.
Prince was one of the most successful artists of his time. He sold more than 100 million albums worldwide in his career.
Also, Prince’s style of music is influenced by R&B, soul, rock, new wave, rap, jazz, and folk, among others.
Prince in a Blue Coat (Source: Pinterest)
Likewise, he was popular for playing almost all of the instruments on his recordings.
Moreover, Prince won a prestigious Academy Award, a Golden Globe, and seven Grammy Awards.
Unfortunately, the superstar passed away at the age of fifty-six in 2016.
Contents
Prince | Quick Facts
Let us have a look at Prince’s life.
| Full Name | Prince Rogers Nelson |
| Nickname | Prince |
| Net Worth | $200 – $300 Million |
| Salary | $13 Million Per Annum |
| Date of Birth | 7 June 1958 |
| Death | April 21, 2016 |
| Birth Place | Minneapolis, Minnesota, United States |
| Nationality | American |
| Zodiac Sign | Gemini |
| Height | 5’2″ ( 157 cm) |
| Weight | 45 kg (112 lbs.) |
| Shoe Size | 6 (US) |
| Eye Color | Brown |
| Hair Color | Black |
| Occupation | Singer, Musician, Songwriter, Multi-instrumentalist, Record producer, Actor, Dancer |
| Father’s Name | John L. Nelson |
| Mother’s Name | Mattie Della Shaw Baker |
| Siblings | 8 |
| Sibling Name | Tyka Nelson Duane Nelson Norrine Nelson Lorna L. Nelson Omar Baker Sharon L. Nelson John R. Nelson Alfred Jackson |
| Marital Status | Passed Away |
| Partner | Manuela Testolini (m. 2001 -2006) Mayte Garcia (m. 1996 – 2000) |
| Sexual Orientation | Straight |
| Children | 1 |
| Children Names | Amiir Nelson |
| Ethnicity | Mixed |
| Education | Central High School |
| Songs | When Doves Cry, Little Red Corvette, Raspberry Beret, I wanna be your Lover, Kiss, Let’s go crazy, Batdance, Cream |
| Music Albums | Purple Rain, Parade, Prince, Sign O the Times, Batman, Diamonds and Pearls, Controversy |
| Awards | 6 Grammy Award, Grammy Hall of Fame, 2 MTV VMA, 3 AMA, Academy Award, Billboard Icon Award, People’s Choice Award, BET Lifetime Achievement Award |
| Band | The Revolution, 3rd eye girl, The Family, 94 east, Madhouse |
| Years Active | 1975–2016 |
| Merch | Signed Photo, Funko Pop, Miniature Guitar |
| Social Media | Facebook, Instagram, YouTube, Twitter |
| Last Updated | August 2023 |
Prince | Net Worth and Income
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 |
|---|---|---|
| HITnRUN Phase Two | 2015 | |
| $33,000 + $66,000 | Plectrumelectrum, Art Official Age | 2014 |
| Lotusflow3r / MPLSound | 2009 | |
| $5,000,000 | Coachella Festival 2008 | 2008 |
| $278,000 | Planet Earth | 2007 |
| $87,400,000+ $560,000+ | 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.
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Assets
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.
Prince’s Beverly Hills Purple Mansion (Image Source: SCMP)
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.
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Prince | Demands of his Music Albums After Death
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 August 2023.
Similarly, his film credits include Purple Rain, Prince and the Revolution, 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.
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