Prince's Financial Life Was In Chaos

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According to
TMZ, recently deceased music icon Prince was so "distrusting" in his personal and legal affairs and his finances was a "disaster." TMZ stated that Prince felt he has been consistently "screwed over" by advisors and experts who worked out his deals. This made him "paranoid" to sign any legal documents in the years leading up to his death. In fact in the years leading up to his death, it was "virtually impossible" to get the artist to sign any sort of legal document. Meanwhile, TMZ added that Prince's most trusted advisers were "beautiful, 20-something women, all models with no experience in anything." Naturally, this "caused chaos in his life.. especially in the financial department." In a
separate report
, TMZ stated that Prince's sister Tyka filed legal documents to open a probate case to appoint a "Special administrator" since it is believed Prince left no will. Meanwhile,
CNN Money
reported that on the day Prince died, 239,000 of his albums were bough. Another 399,000 albums were sold during the weekend after his death. CNN Money, citing Nielsen Music data, added that the album sales represent a surge of more than 16,000 percent from the prior weekend.
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Posted In: Newscnn moneyPrinceTMZ
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