Avicii's parents will inherit his £20m fortune

The entire fortune of the late Swedish DJ Avicii will go to his parents, who stand to inherit £20 million, according to financial records from the Swedish Tax Agency.

Avicii, whose real name is Tim Bergling, did not leave a will, was unmarried and did not have any children when he passed away in April last year, aged 28.

His parents are set to inherit the remains of his fortune after national and international debts are paid.

One of the DJ's major assets was his Los Angeles home which was reportedly sold for $17.5 million (£14 million) in August 2018, according to the LA Times.

Avicii was one of the most successful DJs, a regular festival headliner,he collboarted with stars such as Madonna, Coldplay and Zac Brown.

The DJ stopped touring in 2016 after performing in over 800 shows over the span of his career, which he said in part led to anxiety, excessive partying, and a string of health issues. TMZ reported his cause of death were self-inflicted cuts to the neck and wrists.

Upon the announcement of his death last year the family released the following poignant statement:

"Our beloved Tim was a seeker, a fragile artistic soul searching for answers to existential questions. An over-achieving perfectionist who travelled and worked hard at a pace that led to extreme stress.

"When he stopped touring, he wanted to find a balance in life to be able to be happy and to do what he loved most – music.

"He really struggled with thoughts about Meaning, Life, Happiness.

"He could now not go on any longer.

"He wanted to find peace.

"Tim was not made for the business machine he found himself in; he was a sensitive guy who loved his fans but shunned the spotlight.

"Tim, you will forever be loved and sadly missed.

"The person you were and your music will keep your memory alive.

'We love you, The Tim Bergling Family"

Want to comment on this story? Visit our Facebook post here

Want to comment on this story? Visit our Facebook post here

Advertisement