Prince’s empire in chaos
Prince’s business empire has reportedly been left in chaos.
The 57-year-old singer – who was found dead at his Paisley Park estate last Thursday (04.21.16) – had a habit of firing his advisors, especially if he didn’t agree with what they had to say.
And according to TMZ, the ‘Let’s Go Crazy’ singer also "lacked high-powered attorneys" who had the experience to successfully handle business dealings and a musical catalogue like his.
Prince’s sister Tyka Nelson has been handling his affairs since his shock death, but even bosses at Warner Bros Music are currently unsure of where the rights to his songs will go.
Though it has been reported the ‘Diamonds and Pearls’ hitmaker left a fortune of $300 million, insiders told the website it is likely to be closer to half that figure.
It was previously revealed Tyka would inherit her brother’s estate if he didn’t leave a will as he had no children or wives as she is his closest living relative.
The reclusive singer had grown closer to his 55-year-old sister in recent years but there was period, particularly when she was battling with a crack cocaine addiction and dabbling in prostitution, when their relationship became fraught.