rogifan said:

Not surprised. I honestly don't think Prince cared. Probably one reason why he chose to be without a major record label for 20+ years.

I agree. Just out of curiousity's sake, I'd love to know how much he actually donated to charitable causes, monetary gifts, etc... I imagine he probably would have had significantly more worth/wealth than what they are saying now. I don't think he cared about the money much either as long as he had enough to do what he wanted to do. Not having a will leads me to believe that even more, money wasn't his concern really.

Mumio said:

cloveringold85 said:

Dibblekins said:

Finally, an Order excluding Carlin Q as an heir.

We only have a couple more.

Now where are the divorce documents and why are they still unsealed?

I expect a ruling from the Judge or Magistrate soon on whatever motions were heard on 11-14-16.

[Edited 11/30/16 21:09pm]

petalthecat said:

cloveringold85 said:

rogifan said:

petalthecat said:

Prince made most of his money in a different era. I was shocked to see Bowie worth $100m at his death, a quarter what Beyonce is worth?! He's been consistently making music for almost 50years. It's quite sad.

Yes it is sad to see people with far less talent (IMO) making so much money. It also makes me wonder though if these estimates of celebrities net worth are quite exaggerated. Most of the time Forbes is making estimates on the worth of sponsorship deals and they probably don't know what percentage of concert ticket and merchandise sales go to the artist.

I too, believe the current #'s are inflated. I don't think Prince was left wanting or needing anything.

Also, a hundred million isn't what it used to be

nelcp777 thank you for updating the list!

You have the patience of Job.

ISaidLifeIsJustAGame said:

nelcp777 thank you for updating the list!

You have the patience of Job.

Thanks!

Rev said:

If you think about it, since the early 90s when his WB crusade began, he really hasn't had the sales of the 80s. He did tour, $85 million for one tour, and then his comment that he was making $3 million per night when he was complaining about the sound out in LA. If Jon Bon Jovi is worth $300 million today, having toured incessantly for a long time, I can imagine Prince being worth at least that. But how much did Prince give away? We never heard, I don't think, if he was the person responsible for the $30 million plus gift last year to a San Francisco non-profit. I do think he went through an incredible amount of money (good for him), but he just seemed not to be interested in keeping up PP or the Egg, or really paying attention to those types of things the past five or so years.

1Sasha said:

Robert Downey, Jr., reportedly made $75 million off his last action movie. Today's big stars make huge amounts of money.

RDJ is worth it. I guess if any human being is worth that much.

Mkilpatrick74 said:

I wonder if the documents from Mani divorce are available via request and payment ? Anyone wanna take a shot and call and ask? Lmbo! Kidding ,. Domt blast me

You would think ST would say something about it if it were since they're the ones who filed the suit.

They have the DOB listed wrong though. I wonder how that happened?

morningsong said:

Mkilpatrick74 said:

morningsong said:

You would think ST would say something about it if it were since they're the ones who filed the suit.

They have the DOB listed wrong though. I wonder how that happened?

I know, I was thinking that earlier. I was wondering bc it looks like everyone paid like $102 after orders were processed including Omar ..... which completely threw me off.

I'm really wondering if nothing is there after it's all been redacted. I know I'm not paying $102 to find out.

morningsong said:

Mkilpatrick74 said:

morningsong said: I know, I was thinking that earlier. I was wondering bc it looks like everyone paid like $102 after orders were processed including Omar ..... which completely threw me off.

I'm really wondering if nothing is there after it's all been redacted. I know I'm not paying $102 to find out.

It doesnt look like the divorce file has been unsealed. There were several motions filed and a hearing was held on November 14, 2016. There may be another Order that comes out before the records are unsealed.

laurarichardson said:

Prince Estate Has Spent $2.3 Million on Legal Fees in Just 3 Months

Sorting through the Purple One’s potential heirs, planning a museum and dealing with copyright litigation have led to jaw-dropping bills

http://www.thewrap.com/prince-estate-legal-fees-millions/

rap said:

laurarichardson said:

rap said:

Prince Estate Has Spent $2.3 Million on Legal Fees in Just 3 Months

Sorting through the Purple One’s potential heirs, planning a museum and dealing with copyright litigation have led to jaw-dropping bills

http://www.thewrap.com/prince-estate-legal-fees-millions/

--2.3 is not jaw dropping if the Estate is worth 200 million.

.

2.3 million for a stack of papers with letters is a lot of money.

The relativity of the sum is only illustarted when you know the cashflow into the estate.

Are they draining the estate or are they still earning a bit?

udo said:

laurarichardson said:

--According to Forbs the estate has taken in 25 million thus far this year. Remember in had 19 albums in the U.S chart after he passed and he did sell out a stadium in Oakland. They are also selling properties and he had commercial properties that may be bringing in revenue not to mention a sold out tribute concert. If you look on the estate thread I only see one actual finacial claim that is still open. The estate will be making money for years to come.

.

So we see over 10% of that 25+M USD in legal costs?!

That is a large chunk.

udo said:

laurarichardson said:

--According to Forbs the estate has taken in 25 million thus far this year. Remember in had 19 albums in the U.S chart after he passed and he did sell out a stadium in Oakland. They are also selling properties and he had commercial properties that may be bringing in revenue not to mention a sold out tribute concert. If you look on the estate thread I only see one actual finacial claim that is still open. The estate will be making money for years to come.

.

So we see over 10% of that 25+M USD in legal costs?!

That is a large chunk.

P's estate is a complicated legal matter.

There are issues that have never been addressed in a probate estate case before.

The amount of attorney fees includes the folllowing services:

1. Copyright infringement and lawsuit with Tidal;

2. Copyright litigation that began before P's death (including the lawsuit in Italy against P);

3. Copyright litigation in Florida against P;

4. Divorce records litigation;

5. Heirship claims and issues;

6. Appellate court briefs;

7. The organization and opening of PP Museum;

8. Addressing motions by the media to intervene;

9. Addressing every motion, pleading filed (there have been over 700);

10. Communication and negotiation with potential heirs;

11. Official tribute concert;

12. Entertainment issues and monetization of the Estate;

13. Master-use license requests;

14. Royalty statements and collection fees both US and foreign;

15. Intellectual property protection and enforcement;

16. Real estate issues;

17. Rodney Dixon's claim which took up a lot of time doing research, and responding to his claim, etc.;

18. Prep of the estate tax return;

19. The amount of attorney fees the Estate paid is also for all potential heir attorney fees;

20. There is over $34k in just expenses;

21. The list goes on......

ISaidLifeIsJustAGame said:

ISaidLifeIsJustAGame said:

udo said:

.

So we see over 10% of that 25+M USD in legal costs?!

That is a large chunk.

P's estate is a complicated legal matter.

There are issues that have never been addressed in a probate estate case before.

The amount of attorney fees includes the folllowing services:

1. Copyright infringement and lawsuit with Tidal;

2. Copyright litigation that began before P's death (including the lawsuit in Italy against P);

3. Copyright litigation in Florida against P;

4. Divorce records litigation;

5. Heirship claims and issues;

6. Appellate court briefs;

7. The organization and opening of PP Museum;

8. Addressing motions by the media to intervene;

9. Addressing every motion, pleading filed (there have been over 700);

10. Communication and negotiation with potential heirs;

11. Official tribute concert;

12. Entertainment issues and monetization of the Estate;

13. Master-use license requests;

14. Royalty statements and collection fees both US and foreign;

15. Intellectual property protection and enforcement;

16. Real estate issues;

17. Rodney Dixon's claim which took up a lot of time doing research, and responding to his claim, etc.;

18. Prep of the estate tax return;

19. The amount of attorney fees the Estate paid is also for all potential heir attorney fees;

20. There is over $34k in just expenses;

21. The list goes on......

Thanks for putting this into perspective for me. Man, that is a lot of work. Since a valuation has been put on the Estate, does that mean that Inventory will be released or can the Court seal that?