At his peak, Avicii was commanding upwards of €200,000 for a single show, and brought in nearly €16.6 million during his 2015 tour. At the end, Avicii’s worth was estimated to be around €67.5 million. When he died this past April, no one brought up the question of where his money would go. Now, according to forms made public by the Swedish Tax Agency, and reported by Swedish newspaper Expressen.se, his parents, entrepreneur Klas Bergling and actor Anki Lidén, will inherit the remainder of his estate, estimated to be around £20 Million.
Avicii died with no will, no wife, and no children. Under Swedish laws, his remaining assets (and debts) automatically default to his parents. He is believed to have possessed outstanding debts of $10.65 million USD in the US and $125,000 CAD in Canada.
Avicii was also known to be a devoted philanthropist, donating large sums of money to charities.
“I discovered when I started making money that I didn’t really need it,” Avicii expressed in 2013. “When you have such an excess of money you don’t need, the most sensible, most human and completely obvious thing is to give to people in need.”
According to Mirror, “In 2012 he donated $1 million from his House for Hunger US tour to the charity Feeding America. And in 2013 he gifted one million euros to Swedish aid charity, Radiohjalpen.”
This article was first published on Your EDM. Source: Avicii’s Parents Inherit Remaining £20 Million From Producer’s Estate
from EDM News – Your EDM https://ift.tt/2UZ2P6m
SUBSCRIBE TO YOUREDM CHANNEL TODAY.
YOUR EDM provides the inside scoop on the EDM industry.
Subscribe and go DEEP inside the electronic scene.
SPONSORS
Sourced by actual house heads who have supported the EDM scene, music, culture, and vibe collectively for decades Always dedicated to showing love and support for the fellow artists, promoters, and supporters.
House Music is the soul survivor of a murdered disco dynasty. A dynasty that brought freedom of experession through dance and fashion. A definite anti-establishment media HIT job programmed and pushed thru corporate radio. - Jason Ring
ConversionConversion EmoticonEmoticon