Society

Business Dealings For Prince Chaotic Before His Death

| by Sean Kelly
PrincePrince

Before his death, pop icon Prince reportedly struggled with his money and business dealings, often spending much more than he made.

Sources close to the singer said he often switched up his team of financial advisers if he didn’t like what they had to say, reports TMZ. He also reportedly didn’t have powerful attorneys to handle his catalog and business affairs.

Reports of Prince being worth $300 million, TMZ said, have been exaggerated. In reality, his net worth is said to be half of that.

Prince was laid to rest in a private ceremony attended by family and friends, one of whom was former drummer Sheila E., who met Prince in 1978. She spoke to the StarTribune about the ceremony and saying goodbye to her longtime friend. 

Popular Video

A police officer saw a young black couple drive by and pulled them over. What he did next left them stunned:

Popular Video

A police officer saw a young black couple drive by and pulled them over. What he did next left them stunned:

“You kind of expect him to walk around the corner and say something and hug me. He’s always greeting you at the door. There was a stillness but at the same time it was his home. It was still warm. It wasn’t cold-feeling at all. It was actually beautiful,” she said. 

“This is not how it’s supposed to be. Things we talked about, he didn’t talk about death. He was always in the now. Let’s create. I thought we were going to grow old together. I’m trying to be strong. He wouldn’t want me to sit here and cry. He’d want us to celebrate.”

Sheila E. told the StarTribune that, despite reports of an addiction to painkillers, she never saw Prince take any drugs. 

“I’ve never seen him take anything, not even aspirin, in the 38 years I’ve known him,” she said. “Was he in pain? Yeah, he was in pain. I’m in pain every day. People don’t even know what it’s like to play two or three hours in a show. We’re athletes. Athletes go back out -- it doesn’t matter if they’re hurt."

She continued, "Him jumping off those risers -- is that going to injure his hip? Yeah, I think so. And in heels too. He was in pain. My back went out. I was partly paralyzed for two weeks, then my lung collapsed. You think it’s not going to hurt. Ask any musicians and artists. It’s hard to do what we do. We love it so much that the sacrifice is to go back out and do it again."

Sources: TMZ (2), StarTribune / Photo credit: Wikimedia Commons

Should Prince's financial situation be kept private?
Yes - 0%
Yes - 0%