On August 13, 2018, Franklin was reported to be gravely ill at her home near Detroit. She was reported to be under hospice care and surrounded by friends and family. Stevie Wonder and Jesse Jackson, among others, had visited her. Franklin died at home in Detroit on August 16, aged 76. The cause was reported to be advanced pancreatic cancer. "Business Insider" reported that Franklin's net worth was $80 million at the time of her death and that she did not leave a will.