• Admin
  • Receive an Update

    Michael Jackson's estate has made $2billion since his death

    When Michael Jackson died on June 25th 2009 at the age of 50, his estate was bankrupt, but in the 6 years since his passing, a fortune has been made under his name.

    According to TMZ
    The estate has grossed nearly $2 billion since MJ's death. The money comes from the movies "This is It," the Cirque show "Michael Jackson: The Immortal World Tour," 50 million albums sold and various other ventures.
    After expenses, that $2 bil gets whittled down to around $800m - which is a very good return. But the $800 mil gets significantly cut by taxes - we're told to around $450 mil.
    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.  
    But there are other ventures, like Sony, where the estate generates a lot of cash.
    As for Michael's kids, there's a trust where millions gets distributed as they get older.
    Our sources familiar with the financials tell TMZ ... if the estate were completely liquidated today, each kid would get around $100 million.

    Send me a message on Messenger if you need my help.

    More Articles


    Make use of Smilleys Codes

    Quick Help!

    Having issues? Need quick fix? simply email me or call me

    Learn more

    Write For Us

    Submit a guest post and see it get published real quick

    Learn more

    Advertise Here

    Place relevant banners, links, and sponsored posts at affordable rate.

    Learn more

    Get notified on FB