Avicii died earlier this year and now Swedish documents show that his parents stand to inherit his reported fortune, which is upwards of $25 million, Billboard can now confirm. Electronic legend Avicii passed away of an apparent suicide in April 2018, but he did not leave a will before taking his life before taking his life. But, according to Swedish law whatever remains of his financial estate after national and international tax debts, would go to his parents as he was not married.
Avicii’s parents released a statement shortly after his death that seemed to confirm that their son committed suicide. They said: ‘He could not go on any longer. He wanted to find peace.’ The 28 year old’s parents have since re-organised his official website as an open-source memory board, and presumably approved the donation of his Steinway piano to a Stockholm museum.
Tim Bergling was very charitable during his professional success and in 2011 he founded House For Hunger, eventually donated $1 million via ticket sales to Feeding America. He also gave €1 million to Swedish charity Radiohjalpen and $60,000 to the FEED Foundation. RED was also a charity that Avicii worked close with, who raised awareness for fight the spread of, and increase the care options for those living with HIV and AIDS. Avicii found that when he started making money he didn’t need it, saying back in 2013 interview: ‘I discovered when I started making money that I didn’t really need it.’
His $17.5 million home in LA was sold and done so off-market. His mother and Father (Anki Liden and Klas Bergling) will inherit his accumulated wealth of 231 million Swedish Krone rounds out to roughly $25 million. In 2017 Avicii stopped touring and doing live performances after being diagnosed with pancreatitis from excessive drinking. He was forced to have an emergency appendectomy and have his gallbladder removed.
In his True Stories’ documentary, Avicii spoke about how he felt pressured to perform when he didn’t even want to. He even predicted he would die young after playing 813 shows in eight years. In the documentary he is seen talking to his pals and admitted: ‘ I have said, like, I am going to die. I have said it so many times. And so I don’t want to hear that I should even entertain the thought of doing another gig.’ DJ Pete Tog said Avicii’s death was a wake up call to the music industry after his struggle was revealed in his documentary.
Tim Bergling died on April 20th 2018, and made a lasting mark on the electronic music scene. Avicii created classic hits such as ‘The Nights’ ‘Levels’ and ‘Addicted To You’.