Michael Jackson whose estate was bankrupt when died in 2009 at the age of 50,is now $2b richer..This comes six years after his death.
According to TMZ a source said his three children - Prince, 18, Paris, 17, and Blanket, 13 - are now richer than he ever was as they can now each inherit $100 million if they choose to liquidate his estate.
It was revealed that the amount comes from his movie This Is It as well as the Michael Jackson THE IMMORTAL WORLD TOUR by Cirque du Soleil and the sales of millions of albums.The estate has grossed nearly $2 billion since Michael's death.'After expenses that $2b gets decreased to around $800 million. And after taxes, there is only $450m left.'MJ's debts at the time of his death were around $500 million, so just on those 2 numbers the estate approaches being in the black,'
Wow....a legend will always leave on even after death...but I wonder,,how did he manage to incure such huge debt....
ReplyDeleteI guess bad managment
DeleteWow.. See money!!
ReplyDeleteD greatest himself! Dat man was just a wonder to Behold. Still making. D doe after passing. I duff my hat sir.Hmmm! "Uwaifo don talk e own o".
ReplyDeleteDead man getting this much..oh wonders
ReplyDeleteWow de children can never sufer.
ReplyDeleteAite seen
ReplyDeleteWaco Jaco u will forever live on
ReplyDeleteOk
ReplyDelete