After a protracted probate following Prince’s death in 2016, Tyka Nelson was ruled to be one of the six legal heirs. In 2022, she sold all but 2% of her shares to Primary Wave, a music management firm based in New York. She also accepted Prince's
American Music Award for
Top Soundtrack following his death in 2016. Her last public performance was in Australia in 2018, although she tried to make another performance in June 2024. In June 2024, she retired from music after falling ill and failing to make a planned concert performance. At the time of her retirement, she stated that she was working on a memoir. ==Personal life and death==