2016 was a crazy year. Many celebrities and musicians left us. One of the more iconic ones was Prince, the purple-loving musician who’s personality lit up wherever he went, similar to how his famous purple guitar gleamed in the lights during his concerts.
But what did Prince love more, or just as much, as the color purple? Prince was not just a talented musician, but also had a knack for real estate investment – and maybe even was a gold hoarder.
One thing that stands out is the fact that Prince had gold bars in his possession. A lot of them. The music icon owned 67 10-ounce gold bars valued at $836,166, according to court documents released last week by Carver County, Minnesota courts. The documents also showed that he had zero money invested in stocks or bonds at the time of his death.
Normally, people have a will filed with an attorney, and assets are distributed according to said will.
However, officials have announced that Prince did not have a will, which significantly changes the turnout. Not having a will makes it very hard to distribute the wealth of someone, especially when it is estimated the current numbers are well over $300 million dollars.
There are many unanswered questions and unresolved issues related to this situation.
The next scheduled hearing in this case is January 12th and hopefully some of the problems can start to be cleared up.
Prince has several surviving siblings who all want their cut of his fortune. Let’s hope they can figure out how to divide up the gold bars without too much fight.