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He held approximately 5. The consumer buys a carabiner or a piece of apparel not just because it works, but because Magnus Midtbø designed it or endorsed it with his entire reputation on the line. The lower end of the spectrum accounts for the lingering debt from legal fees and potential restitution payments that may still be outstanding, a financial anchor that prevents true solvency. The structure of the Prince family business is designed for longevity and wealth preservation. He earned millions from record sales, songwriting royalties, film contracts, and live performances.
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