Sad state of dead rapper Coolio’s finances revealed

Rapper Coolio, who died in late September, didn’t have a will in place, prompting his former supervisor to go to probate courtroom on his behalf.

Jarez Posey has begun the authorized course of of getting the late Gangsta’s Paradise rapper’s property appraised, in keeping with courtroom paperwork obtained by The Blast this week.

The submitting signifies Coolio’s seven grownup youngsters, who put on his ashes in necklaces, are listed as his subsequent of kin and the possible beneficiaries of his property, Page Six experiences.

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The petition estimates the worth of Coolio’s property to be greater than $US300,000 ($A444,000), and it contains “personal property and demand deposit accounts, financial accounts, insurance policies and royalties”.

However, the precise worth has but to be decided.

Coolio, whose actual identify was Artis Leon Ivey Jr, had 10 youngsters in whole.

The ’90s hitmaker was discovered lifeless at age 59 on the ground of his good friend’s rest room on September 28. Paramedics suspected Coolio suffered a cardiac arrest.

Sources later informed TMZ that pals believed his longtime battle with bronchial asthma may have contributed to his loss of life.

An official explanation for loss of life has not been given, because the post-mortem outcomes had been deferred pending an extra investigation.

Montell Jordan, who was on tour with Coolio days earlier than his loss of life, informed Page Six completely that he would have by no means anticipated that his longtime good friend’s loss of life was imminent.

“I’ve been with him for weeks and for months now, and I did not know – and still don’t know – the circumstances behind his passing, but I did not see anything that would have given an indication that he was ill or that anything happened to him,” he mentioned.

This story initially appeared on Page Six and is republished right here with permission