Prince's Estate: When A Rich Icon Dies With No Obvious Heir

Darren Wallace was quoted in an article, "Prince's Estate: When A Rich Icon Dies With No Obvious Heir," in Private Wealth. In the article, Wallace explains what happens to an artist's intellectual property after death. "We've seen other examples—Tupac Shakur, Michael Jackson, David Bowie, these icons who pass away with unreleased material. There's still a lot of untapped value in their estates. And the licensing that can go along with releasing the works and the value associated with their likeness and image has become, in this celebrity culture, a very valuable asset," Wallace said.