Late Prince Sister Stand To Inherit $800M Estate In Absence of Will

             


Prince only sister Tyka Nelson is likely to receive the singer vast estate of $800m in absence of a Will
Tyka Nelson, 55, a former crack addict and prostitute will be awarded Prince's estate under Minnesota state law as his closest living relative.


Minnesota law states that if an unmarried individual with no children dies without a will, the parents, grandparents, and siblings of that person stand to inherit their wealth, though that can be contested in court under certain circumstances.

Prince has an approximate net worth of $300million, which does not include the millions his estate is set to make in the coming weeks from the increased sale of merchandise and music or the money the singer received when he signed a deal agreeing to stream all his music on Tidal.

His music catalog meanwhile is worth over $500million according to Prince's first manager Owen Husney, due in large part to the fact that unlike other artists he owned both his master recordings as well as his own music publishing.