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Prince’s Vaults are Filled with Unheard Music and Gold Bars

Prince’s Vaults are Filled with Unheard Music and Gold Bars: Richard E. Aaron / Contributor

Richard E. Aaron / Contributor

Prince Rogers Nelson was many things: a virtuoso musician, a cultural innovator who opened up new conversations about race and sexuality in mainstream pop culture and an actor of somewhat dubious quality. (Sorry, but you know it’s true.) It turns out, he had yet another string to his purple bow: a man who had quite the collection of gold bars.

According to an inventory of the late musician’s assets compiled by wealth management company Bremer Trust and released by the Carver County District Court last week, the Artist Formerly Known as the Artist Formerly Known as Prince preferred to keep his fortune relatively simply: he owned 12 properties, had “$110,000 in four bank accounts, unclaimed property, capital credits and cash” and was the proud owner of 67 bars of gold.

Yes, really: Prince had that many 10-ounce bars of gold, which represent somewhere in the region of $840,000 at current value. Suddenly the fact that he also owned a number of companies—NPG Records and Paisley Park Enterprises, Inc. among them—with roughly $6 million in cash on hand seems a little less impressive, doesn’t it?

All of the above is only part of Prince’s estate, which remains mid-valuation. Currently, a lot of memorabilia—including his motorcycle from Purple Rain and musical instruments—are awaiting proper valuation. And that’s even before anyone gets to the many, many unreleased recordings left in the metaphorical vault. It’s looking like the world, thankfully, hasn’t heard the last of Prince.

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