How Rich is Prince?

Name: Prince Roger Nelson, “Prince”
Born: June 7, 1958
Occupation: Singer, Songwriter, Musician, Actor, Record Producer

princePrince Roger Nelson was born to musicians and named based on his father’s stage name, so it’s probably no surprise that he always intended to be a musician as well. Prince wrote his first song at age 7 and by the time he was 21 recorded his first platinum album. His self-titled album Prince was released in 1979 and contained two hit singles.

Prince’s music has always pushed the boundaries of society’s acceptance, primarily with sexually explicit lyrics. In 1985, his album Purple Rain and the movie of the same name made him number one at the box office with the number one song and number one album in the country. Prince was the first musician to top all three charts at the same time. The album also prompted the wife of then Tennessee Senator Al Gore to begin a campaign demanding labels for music.

Tipper Gore had apparently purchased the album for her daughter, who was 11 years old, and then was shocked to hear “Darling Nikki,” a song that begins with the line “I met a girl named Nikki, I guess you could say she was a sex fiend.”  While anyone familiar with Prince’s work might have been expecting the explicit lyrics, Gore was apparently shocked enough to help create the Parents Music Resource Center, which lobbied for music labelling. The music industry eventually decided to include warning labels on music.

Well-known for his highly competitive streak, Prince played basketball in high school and was in a band throughout much of his high school career. He is listed by Rolling Stone magazine as one of the top 100 most influential musicians of all time and was elected to the Rock and Roll Hall of Fame in 2004, the first year he was eligible.

Prince famously wrote for other performers including Sinead O’Connor, and has continued to write and publish music throughout his career. He is a gifted musician as well playing 27 instruments on one of his albums. His latest album was released in September, 2014.

Prince is worth an estimated $250 million and works to support charities that include the Elton John AIDS Foundation, Sheila E’s Elevate Hope for abused and neglected children, and the Jazz Foundation of America.

How much is $250 million?

For $250 million Prince could own about half of an NBA team, provided that team was the Minnesota Timberwolves. With a horrible 2014-2015 records, the team is still valued at about $625 million.



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