Thursday, May 19, 2022
Ghana Weekend
Youtube Videos
No Result
View All Result
  • Home
  • News
    • General News
    • Personalities
  • Music
    • Releases
    • Reviews
    • Countdown
  • Events
    • Premiere
    • Music Shows
    • Art Exhibition
    • Awards
  • Film
    • Movies
    • News
    • Personalities
    • Reviews
  • Arts & Culture
    • Festivals
    • Theatre
    • People & Places
  • Lifestyle
    • Fashion
    • Personalities
  • Gallery
    • Videos
    • Photos
    • Events Gallery
  • Opinion
Ghana Weekend
  • Home
  • News
    • General News
    • Personalities
  • Music
    • Releases
    • Reviews
    • Countdown
  • Events
    • Premiere
    • Music Shows
    • Art Exhibition
    • Awards
  • Film
    • Movies
    • News
    • Personalities
    • Reviews
  • Arts & Culture
    • Festivals
    • Theatre
    • People & Places
  • Lifestyle
    • Fashion
    • Personalities
  • Gallery
    • Videos
    • Photos
    • Events Gallery
  • Opinion
No Result
View All Result
Ghana Weekend
No Result
View All Result
ADVERTISEMENT

Prince’s estate officially valued at $156.4 million

by Kwame Dadzie
January 17, 2022
in People & Places
Reading Time: 1 min read
A A
0
ShareTweetShare

The Internal Revenue Service and the administrator of Prince’s estate have finally come to an agreement that his estate is valued at $156.4 million. 

The final valuation comes nearly six years after the music icon’s 2016 death, with his heirs accepting the value decided upon by Comerica Bank & Trust, and the IRS.

Prince did not leave a will for himself, and Comerica previously left an 82.3 million dollar appraisal, while the IRS valued it at $163.2 million back in 2020. 

Prince had six sibling heirs—two of which, Alfred Jackson and John R. Nelson, died during the six-year planning, and two others who are now in their 80’s.

The estate will now be divided nearly evenly between music company Primary Wave, and three of Prince’s oldest family heirs.

The IRS hit Prince’s estate with a $6.4 million “accuracy-related penalty,” with the Minnesota Department of Revenue also penalizing the estate, with taxes running in the tens of millions. 

Share32Tweet20Send
ADVERTISEMENT

Related Posts

News

The mystery behind the kente Otumfuo wore to the Asanteman Durbar in Memphis USA explained

People & Places

A Potrait of Mama: Citi FM announces Top 3 stories people shared about their mothers

People & Places

Bigg Homie Flee makes a difference with his unique voice

Art Exhibition

Meet Ibrahim Mahama; the 35-year-old Ghanaian artist who has built classrooms inside airplanes

People & Places

Instagram suspends Kanye West after hate speech on Trevor Noah

Events

Big show at Akple Festival as hundreds throng Mmofra Place to ‘chop’ akple

Celebrity News

[PHOTOS] Kendrick Lamar is using Accra trotros to promote his album

News

[VIDEO] Accra taxi driver returns 8000 cedis to fish seller who left it in his car

Celebrity News

Fans praise Patapaa’s German wife for promoting ‘asorkor’ music on TikTok

About Us

Ghana Weekend is the source of all the entertainment news you desire from Ghana and beyond.

Follow us

Lastest Stories

  • Ghana parliament must apologize for harassing me — Blakk Rasta
  • Trevor Noah breaks up with Minka Kelly after two years of dating
  • Joe Mettle begins ‘Kadosh’ regional tour in Takoradi
  • Sarkodie and R2Bees to hold concert in New York

CATEGORIES

  • Art Exhibition
  • Articles
  • Awards
  • Celebrity News
  • Events
  • Fashion
  • Festivals
  • Movies
  • Music
  • Music Shows
  • News
  • Opinion
  • People & Places
  • Personalities
  • Photos
  • Premiere
  • Releases
  • Reviews
  • Story
  • Theatre
  • This Weekend
  • Tourism
  • Videos

Subscribe to our Youtube Account

  • Home
  • News
  • Music
  • Events
  • Film
  • Arts & Culture
  • Lifestyle
  • Gallery
  • Opinion

© 2020 GhanaWeekend - Showbiz and more

No Result
View All Result
  • Home
  • News
    • General News
    • Personalities
  • Music
    • Releases
    • Reviews
    • Countdown
  • Events
    • Premiere
    • Music Shows
    • Art Exhibition
    • Awards
  • Film
    • Movies
    • News
    • Personalities
    • Reviews
  • Arts & Culture
    • Festivals
    • Theatre
    • People & Places
  • Lifestyle
    • Fashion
    • Personalities
  • Gallery
    • Videos
    • Photos
    • Events Gallery
  • Opinion

© 2020 GhanaWeekend - Showbiz and more