Prince reportedly had money problems: Sources

Prince is all the talk this week, and,  sources are out Tuesday morning telling American gossip sites that leading up to the music legend’s death (“he wasn’t as wealthy as many thought”). Sources told American gossip website  TMZ that (“most believed he had a net worth of about $300m but that wasn’t the case”), sources, er, vary on his net worth with others painting it at around $150m (which is still pretty hefty).

TMZ notes that Prince often “over spent” and didn’t have the correctly qualified team around him to help him manage his business affairs and what not. Furthermore, Prince “had no proper attorneys” to help him with his affairs, on top, of the fact that he largely refused to sell his music catalog.

His siblings, perhaps, are set to inherit the remains of his entire estate given that no will was present.

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