Aerogram said:

BartVanHemelen said:

.

Based on what data? Where's Prince supposed to have earned $50 million? Lemme guess: they pulled this out of their asses.

Please let's not act like you get your own "data" from a different source.

.

Yeah, I'm just making shit up about the music industry.

.

Considering you don't know net worth isn't just about "earning" (more like "valued at"), maybe you should sit down. Remember: none of your dire predictions of Princely financial doom over the years have happened.

.

Oh look, you're making shit up again. Once again you're instigating a personal attack instead of sticking to the topic. Translation: I'm right but you can't stand to admit so.

laurarichardson said:

paulludvig said:

There are other ways of making money.

Pretty obvious but some people on this board are clueless.

.

So we're supposed to believe that website knows something we don't? Go on, please inform us how Prince increased his net worth with $50 million in what, a year? Two years? If you say "touring", prove it. We know it ain't album sales. We know it ain't his back catalogue. We know it ain't streaming.

Source: (?)

http://www.therichest.com...net-worth/

Aerogram said:

BartVanHemelen said:

.

Yeah, I'm just making shit up about the music industry.

.

.

Oh look, you're making shit up again. Once again you're instigating a personal attack instead of sticking to the topic. Translation: I'm right but you can't stand to admit so.

Weak! I just talk to you like you talk of others but that's too much for you. You haven't offered a shred of evidence his assets are not worth more today than they were two years ago

and you confuse value and earnings when we're talking net worth. You also boil it down to the music industry, when he may well have a diversified portfolio.

The plain truth is that you don't know what assets he has and never did. You just have lots of heavily negative assumptions that fit your longtime Prince narrative you present as facts, like him throwing a concert or two after complaining about the taxman -- because if anyone does that, it must be they're down to their last dollar in their chequing account.

That's not evidence, just conjoncture. The onus is on you, Mr. Know-it-all.

.

No, it's YOU who has to prove this idiotic website's claims are based on reality. I'm not the one waving it around saying "see I'm right". That is YOU LOT.

epronk said:

Source: (?)

http://www.therichest.com...net-worth/

.

The source is in the first post, but apparently linking to it is too much work for the famz. Too busy celebrating bullshit. http://www.celebritynetwo...net-worth/

.

It's a load of BS. They claim to base it on publicly available data, yet somehow nobody can dig up any of them WRT Prince.

.

But hey, it's only me who says this, right? Oh wait:

.

$300m. LOL.

These stupid celebrity charts are not worth the paper they are written on. Usually half of the value is based on their catalogue, which would never achieve the value stated.

Sure P has investments etc, but I'd be surprised if he was sitting on more that $15 cash flow and $30m of assets.

His actions tell a story. He is worried out rights and income, and grumbles about people not paying him up front for his work. Those aren't the actions of a man swimming in cash or deposits.

The $300m is probably as realistic as the $100m contract in 92.

.

Go on, go look who said it.

BartVanHemelen said:

Which assets? You're tlakign about a man who's come close to bankruptcy at least TWICE back when his career was doing great. I am now to believe that someone who can't be arsed to keep his back catalogue in print, someone who's failed to pay his bills over and over again, has somehow secretly been amassing assets worth $250 million, no even better, assets that increased in value 20% in a couple of years?

1) Umm, pretty sure the bankruptcy was in the 90s? (twenty years ago)

2) The majority of his back catalog is in print. You keep throwing out that rhetoric as if it's impossible to buy most of his catalog.

3) When was the last report of Prince not paying someone? Kevin Smith?... around 2001?

"increased in value 20% in a couple of years" - By "A couple of years" do you mean "about 20 years"? I don't know why I'm asking because that's obviously what you mean.

He doesn't have a huge entorage, he's got newspapers throwing millions at him for demo albums. Has staged a few large scale tours, continues to earn from his huge back catalog.

[Edited 9/2/15 6:04am]

BartVanHemelen said:

laurarichardson said:

paulludvig said: Pretty obvious but some people on this board are clueless.

.

So we're supposed to believe that website knows something we don't? Go on, please inform us how Prince increased his net worth with $50 million in what, a year? Two years? If you say "touring", prove it. We know it ain't album sales. We know it ain't his back catalogue. We know it ain't streaming.

How do "we" (and by "we" you clearly mean "you") know what he earns from his catalog?

You're complaining that the article provides no sources. But here you are talking about "facts" and providing nothing to back up what you say. You just "know" this stuff.

What on earth does this article have to gain by exaggerating Prince's worth?

BartVanHemelen said:

BartVanHemelen said:

epronk said:

Source: (?)

http://www.therichest.com...net-worth/

.

The source is in the first post, but apparently linking to it is too much work for the famz. Too busy celebrating bullshit. http://www.celebritynetwo...net-worth/

.

It's a load of BS. They claim to base it on publicly available data, yet somehow nobody can dig up any of them WRT Prince.

.

But hey, it's only me who says this, right? Oh wait:

.

$300m. LOL.

These stupid celebrity charts are not worth the paper they are written on. Usually half of the value is based on their catalogue, which would never achieve the value stated.

Sure P has investments etc, but I'd be surprised if he was sitting on more that $15 cash flow and $30m of assets.

His actions tell a story. He is worried out rights and income, and grumbles about people not paying him up front for his work. Those aren't the actions of a man swimming in cash or deposits.

The $300m is probably as realistic as the $100m contract in 92.

.

Go on, go look who said it.

Link doesn't work...

BartVanHemelen said:

laurarichardson said:

paulludvig said: Pretty obvious but some people on this board are clueless.

.

So we're supposed to believe that website knows something we don't? Go on, please inform us how Prince increased his net worth with $50 million in what, a year? Two years? If you say "touring", prove it. We know it ain't album sales. We know it ain't his back catalogue. We know it ain't streaming.

Property and stocks.

Noodled24 said:

BartVanHemelen said:

1) Umm, pretty sure the bankruptcy was in the 90s? (twenty years ago)

Dont't forget 1988.

2) The majority of his back catalog is in print. You keep throwing out that rhetoric as if it's impossible to buy most of his catalog.

Go ahead, head into you local Best Buy, and buy Sign o the Times. Or how about Symbol. Oh wait, you can't. Let's not get even started on post- Emancipation. For reference, my local BARNES AND NOBLE has every MJ cd. Every single one. So much for buying his catalogue anywhere except Amazon and eBay (sometimes for high prices)

3) When was the last report of Prince not paying someone? Kevin Smith?... around 2001?

http://www.huffingtonpost...94531.html

http://www.forbes.com/sit...x-summons/

"increased in value 20% in a couple of years" - By "A couple of years" do you mean "about 20 years"? I don't know why I'm asking because that's obviously what you mean.

He doesn't have a huge entorage, he's got newspapers throwing millions at him for demo albums. Has staged a few large scale tours, continues to earn from his huge back catalog.

[Edited 9/2/15 6:04am]

BartVanHemelen said:

epronk said:

Source: (?)

http://www.therichest.com...net-worth/

.

The source is in the first post, but apparently linking to it is too much work for the famz. Too busy celebrating bullshit. http://www.celebritynetwo...net-worth/

.

It's a load of BS. They claim to base it on publicly available data, yet somehow nobody can dig up any of them WRT Prince.

.

But hey, it's only me who says this, right? Oh wait:

.

$300m. LOL.

These stupid celebrity charts are not worth the paper they are written on. Usually half of the value is based on their catalogue, which would never achieve the value stated.

Sure P has investments etc, but I'd be surprised if he was sitting on more that $15 cash flow and $30m of assets.

His actions tell a story. He is worried out rights and income, and grumbles about people not paying him up front for his work. Those aren't the actions of a man swimming in cash or deposits.

The $300m is probably as realistic as the $100m contract in 92.

.

Go on, go look who said it.

There are tools available to people who do this type of work, but also fund raising professionals, lawyers and others that have to dig around for a look at people's assets daily. It is "publically" available in a sense, but you certainly have to pay for access to it in an easy to consume & calculate form. I know this because we use these types of databases in my work. Everytime you make a purchase or sell of certain types of assets your digital fingerprints are on those transaction records. Certain types of contracts with certain types of entities have information that can be or in some instances must be made public. There's lots of ways this information becomes available. Both assets and liabilities (which is what net worth would show you the balance of).

BartVanHemelen said:

.

So PROVE IT THEN.

.

Aerogram said:

The plain truth is that you don't know what assets he has and never did. You just have lots of heavily negative assumptions that fit your longtime Prince narrative you present as facts, like him throwing a concert or two after complaining about the taxman -- because if anyone does that, it must be they're down to their last dollar in their chequing account.

That's not evidence, just conjoncture. The onus is on you, Mr. Know-it-all.

.

No, it's YOU who has to prove this idiotic website's claims are based on reality. I'm not the one waving it around saying "see I'm right". That is YOU LOT.

My point is the only "proof" you have of what "we" know is his personal history and your hostile interpretation over the years of various events. That does not make you a better assessor or even guesser of his wealth than this website. Whether it uses phony methods or not doesn't change the fact you're also guilty of using sketchy knowledge to act like you know his worth.

Why not just say"I don't know for a fact, but I highly doubt that Prince is that rich. This site uses questionable methods and I find it curious that Prince had a couple of concerts right after he had to deal with his tax bill"... now that would be more a reasonable statement.

[Edited 9/3/15 2:21am]

Aerogram said:

BartVanHemelen said:

.

So PROVE IT THEN.

.

.

No, it's YOU who has to prove this idiotic website's claims are based on reality. I'm not the one waving it around saying "see I'm right". That is YOU LOT.

My point is the only "proof" you have of what "we" know is his personal history and hostile interpretation over the years of various events. That does not make you a better assessor or even guesser of his wealth than this website. Whether it uses phony methods or not doesn't change the fact you're also guilty of using sketchy knowledge to act like you know his worth.

Why not just say"I don't know for a fact, but I highly doubt that Prince is that rich. This site uses questionable methods and I find it curious that Prince had a couple of concerts right after he had to deal with his tax bill"... now that would be more reasonable statement.

the funny thing is, we could learn alot from Prince's business savy. not only did he predict the future of the music business, he's the first independant recording artist i know of to utilize the internet to create a personalized social network - and encourage debate therein about his work AS he created, with purpose.

thats a hell of a gift as someone who might of otherwise been a passive observer. and even that woulda been a blessing cuz the brother is brilliant. he's in ebony stressing ownership to a community that needs it most and aligning with a black owned artist-friendly startup in an industry fat off the backs of black intellectual property. he turned label advances into his own wonka mansion of music - by hedging his bets on thoughts he hadn't even had yet. AND THEN goes on to dominate the independant scene in earnings while strategially supporting himself with enterprising, demo-specific models that carry the distrubution, creating new fans/product consumers each time. he's been keeping himself afloat for decades by now its like give the brother a break.

what you said earlier about narrative was terribly prudent. and to think, the only reason we're on this site is cuz Prince dared to share his narrative with us. behaving as if we own a man who was already purchased and sold.

Prince's net worth could be anything, but his actual worth is far more than legal tender.

[Edited 9/2/15 18:10pm]

All those celebrity net worth lists are wild assumptions and guess-timates. In some case, the rnakings are paid for. I'm sure Prince is worth plent of money on paper. Remember when 50 Cent went bankrupt and admitted that all of those celebrity net worth stories about him over the last decade were lies? He was atually worth 1/100th what he was ranked by Forbes magazine.

funksterr said:

All those celebrity net worth lists are wild assumptions and guess-timates. In some case, the rnakings are paid for. I'm sure Prince is worth plent of money on paper. Remember when 50 Cent went bankrupt and admitted that all of those celebrity net worth stories about him over the last decade were lies? He was atually worth 1/100th what he was ranked by Forbes magazine.

I don't think you read right. 50 Cents was totally downplaying his wealth recently due to a very expensive judgement. But yes, these rankings can be manipulated. See: Trump, Donald -- did it for years.

AndrePatrone said:

Aerogram said:

My point is the only "proof" you have of what "we" know is his personal history and hostile interpretation over the years of various events. That does not make you a better assessor or even guesser of his wealth than this website. Whether it uses phony methods or not doesn't change the fact you're also guilty of using sketchy knowledge to act like you know his worth.

Why not just say"I don't know for a fact, but I highly doubt that Prince is that rich. This site uses questionable methods and I find it curious that Prince had a couple of concerts right after he had to deal with his tax bill"... now that would be more reasonable statement.

the funny thing is, we could learn alot from Prince's business savy. not only did he predict the future of the music business, he's the first independant recording artist i know of to utilize the internet to create a personalized social network - and encourage debate therein about his work AS he created, with purpose.

thats a hell of a gift as someone who might of otherwise been a passive observer. and even that woulda been a blessing cuz the brother is brilliant. he's in ebony stressing ownership to a community that needs it most and aligning with a black owned artist-friendly startup in an industry fat off the backs of black intellectual property. he turned label advances into his own wonka mansion of music - by hedging his bets on thoughts he hadn't even had yet. AND THEN goes on to dominate the independant scene in earnings while strategially supporting himself with enterprising, demo-specific models that carry the distrubution, creating new fans/product consumers each time. he's been keeping himself afloat for decades by now its like give the brother a break.

what you said earlier about narrative was terribly prudent. and to think, the only reason we're on this site is cuz Prince dared to share his narrative with us. behaving as if we own a man who was already purchased and sold.

Prince's net worth could be anything, but his actual worth is far more than legal tender.

[Edited 9/2/15 18:10pm]

I agree with the general sentiment and think some fans talk as if he should be their personal musical butler and go back into a tight restrictive contract for his "own good", which is paternalistic. Looks like the man was able to do everything in his own terms for nearly two decades now and looks in no danger of having to sing for his dinner anytime soon.

funksterr said:

All those celebrity net worth lists are wild assumptions and guess-timates. In some case, the rnakings are paid for. I'm sure Prince is worth plent of money on paper. Remember when 50 Cent went bankrupt and admitted that all of those celebrity net worth stories about him over the last decade were lies? He was atually worth 1/100th what he was ranked by Forbes magazine.

A more likely story is that 50 doesn't manage himself well and the lawsuit which froze his accounts made it impossible to pay off the last 5 million dollar lawsuit and the bankruptcy was the only way to stop the plaintiff from winning their way into seizing his tangible assets. None of that has to do with what was reported about his wealth, which included both llquid and other asset classes.

iZsaZsa said:

[img:$uid]http://img-s1.onedio.com/id-55000241959e7ca755cc7f88/rev-0/raw/s-b681b123c2092234c2c2ac988be60ae84230a69a.gif[/img:$uid]

PurpleMedley122 said:

Noodled24 said:

1) Umm, pretty sure the bankruptcy was in the 90s? (twenty years ago)

Dont't forget 1988.

Ahh yes, the second rule of capitalism. If you had money problems in '88 you have money problems in '16. You sir, should become an accountant.

2) The majority of his back catalog is in print. You keep throwing out that rhetoric as if it's impossible to buy most of his catalog.

Go ahead, head into you local Best Buy, and buy Sign o the Times. Or how about Symbol. Oh wait, you can't. Let's not get even started on post- Emancipation. For reference, my local BARNES AND NOBLE has every MJ cd. Every single one. So much for buying his catalogue anywhere except Amazon and eBay (sometimes for high prices)

SOTT
http://www.bestbuy.com/site/searchpage.jsp?st=prince+sign&_dyncharset=UTF-8&id=pcat17071&type=page&sc=Global&cp=1&nrp=15&sp=&qp=&list=n&iht=y&usc=All+Categories&ks=960&keys=keys

Symbol
http://www.bestbuy.com/site/searchpage.jsp?st=prince+symbol&_dyncharset=UTF-8&id=pcat17071&type=page&sc=Global&cp=1&nrp=15&sp=&qp=&list=n&iht=y&usc=All+Categories&ks=960&keys=keys

To be fair Symbol is on backorder so they must have recently ordered more of this impossible to find album.

lezama said:

funksterr said:

All those celebrity net worth lists are wild assumptions and guess-timates. In some case, the rnakings are paid for. I'm sure Prince is worth plent of money on paper. Remember when 50 Cent went bankrupt and admitted that all of those celebrity net worth stories about him over the last decade were lies? He was atually worth 1/100th what he was ranked by Forbes magazine.

A more likely story is that 50 doesn't manage himself well and the lawsuit which froze his accounts made it impossible to pay off the last 5 million dollar lawsuit and the bankruptcy was the only way to stop the plaintiff from winning their way into seizing his tangible assets. None of that has to do with what was reported about his wealth, which included both llquid and other asset classes.

50 testifed, in person under oath before a judge. He would have to be candid and completely honest at that point discussing his finances. I know at lot of people thought 50 must be lying, but he, and his lawyer would have to be absolute fools to lie that much. He admitted he faked it all and gave specific examples. Remember when Jay-Z "owned" the Brooklyn Nets? Just like he supposedly "owns" Tidal. Whenever you hear a story about how rich celbrities are, usually it's best to take the reports with a grain of salt. This has been going on in since the days of Christopher Columbus. Investment banks ALWAYS have a front man. Fake it 'til you make it.

funksterr said:

lezama said:

A more likely story is that 50 doesn't manage himself well and the lawsuit which froze his accounts made it impossible to pay off the last 5 million dollar lawsuit and the bankruptcy was the only way to stop the plaintiff from winning their way into seizing his tangible assets. None of that has to do with what was reported about his wealth, which included both llquid and other asset classes.

50 testifed, in person under oath before a judge. He would have to be candid and completely honest at that point discussing his finances. I know at lot of people thought 50 must be lying, but he, and his lawyer would have to be absolute fools to lie that much. He admitted he faked it all and gave specific examples. Remember when Jay-Z "owned" the Brooklyn Nets? Just like he supposedly "owns" Tidal. Whenever you hear a story about how rich celbrities are, usually it's best to take the reports with a grain of salt. This has been going on in since the days of Christopher Columbus. Investment banks ALWAYS have a front man. Fake it 'til you make it.

Oh ok. I haven't read that.

BartVanHemelen said:

funksterr said:

that extra $50 million must be why we haven't had the previous plethora of stories lately about how this mf won't pay his bills.

BartVanHemelen said:

Astasheiks said:

Celebrity Net Worth is his Royal Badness net worth has increased to 300 Million. For those that hate on his last 2-3 albums I would say he's still bad Motherfunka!

.

Based on what data? Where's Prince supposed to have earned $50 million? Lemme guess: they pulled this out of their asses.

Exactly.

he was worth 300000000 several years ago. It got upgraded from 250000000 like almost a decade ago.im sure its more now. What really needs to happen is a current count of his singles and lps. Lets get those up to standard.

paulludvig said:

BartVanHemelen said:

.

So we're supposed to believe that website knows something we don't? Go on, please inform us how Prince increased his net worth with $50 million in what, a year? Two years? If you say "touring", prove it. We know it ain't album sales. We know it ain't his back catalogue. We know it ain't streaming.

Property and stocks.

.

Whahaah!

Mr Prince, wo cannot hire a PR team, nor pays his bills on time, can be found behind the PC to day-trade? (he cannot trust a brokerage firm which will suggest him signing a CONtract)

What property do you suggest?

He did not hang on to the Purple Rain house so why should fictitious increases in perceived values of real estatedrive up his value?

The real estate remained the same.

The price went up, so the value of the money went down.