Prince’s vault has been opened by Bremer Trust, who was appointed administrator of the estate following the musician’s death. The opened vault is underneath the Prince’s Paisley Park estate that includes pre-date recordings of1984’s Purple Rain.
People notes that Bremer Trust was forced to drill open the vault as only Prince knew the key code. Inside they discovered enough unreleased music to release a new album every year for the next century.
“When I left in 87, it was nearly full,” she explained. “Row after row of everything we’d done. I can’t imagine what they’ve done since then,” the musician’s former sound engineer, Susan Rodgers, said.
Speaking about his unreleased music, Prince previously said: “One day someone will release them. I don’t know if I will get to release them. There’s just so many and I like writing new stuff and we do new stuff all the time.”
As Prince’s vault is opened by Bremer Trust, it remains to be seen whether the music will ever be released. Prince had no will at the time of his death, and already his family members are fighting over his assets.
Bremer Trust who was given temporary authority to the vault was the only company outside of Prince himself who was allowed in. The musician’s sister Tyka Nelson and half siblings are seeking ownership of his reported $200 to $500 million estate. “I do not know of the existence of a will and have no reason to believe that the decedent executed testamentary documents in any form,” court documents by Nelson read.
While his family is awaiting the court’s decision to divide the singer’s estate, ABC News predicts the government will take most of it. Minnesota’s estate tax or “death taxes” of 16 percent paired with the government’s mandatory 40 percent rate can lead to over half of the singer’s estate heading to the feds.
The speculation is at an all time high with the singer’s assets. With the singer leading a very personal life, he didn’t seem to worry about the riches he’s gained in his illustrious career.
“I’m no different to anyone. Yes, I have fame and wealth and talent, but I certainly don’t consider myself any better than anyone who has no fame, wealth or talent,” he said in during an interview in 1996. “People fascinate me. They’re amazing! Life fascinates me! And I’m no more fascinated by my own life than by anyone else’s.”
While Princes vault is opened by Bremer Trust, investigators are still looking into the singer’s death and are currently awaiting autopsy and toxicology test results, SPIN reported. A separate investigation has also been launched into what led to his passing.