MJ's kids...???
Less urban than Rachel Psycho.
Posted on 06/25/2015 5:34:25 PM PDT by dennisw
Michael Jackson's estate 'has made $2 BILLION since his death' it was revealed on the six year anniversary of his passing at age 50
The King Of Pop was 50-years-old when he died June 2009 His estate was bankrupt at the time but has since made $2 billion The money comes from his movie This Is It, the Michael Jackson THE IMMORTAL WORLD TOUR by Cirque du Soleil and album sales
When Michael Jackson died in 2009 at the age of 50, his estate was bankrupt.
But in the six years since his passing, a fortune has been made under his name, TMZ reported on Thursday, which was also the six-year anniversary of the Thriller singer's death.
A source also told the site 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.
'His estate went from the brink of bankruptcy to financial fortune,' the site maintained.
'The estate has grossed nearly $2 billion since Michael's death.' RELATED ARTICLES
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 King Of Pop's popularity skyrocketed after his shock death at his Holmby Hills home in California. His albums Off The Wall, Thriller and Bad were downloaded at a record rate.
The site estimated that 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,' TMZ's source added.
(Excerpt) Read more at dailymail.co.uk ...
MJ's kids...???
Less urban than Rachel Psycho.
oh thats right the days of stamp licking are over....so I guess there wouldnt be the distasteful job of licking the poor schmuck
Also, you can’t be sued if you are dead.
Makes sense when you consider how bad the music is today...
He only had two songs I liked, Thriller and Billie Jean. Other people did a better Billie Jean than he did. How in the world did he sell $2 billion?
$2 billion in sales and they get $300 million.
They are getting ripped off.
It gets even weirder. The child known as 'Blanket', is actually named Prince Michael - while the older boy child is named Prince. Brothers. With the same name.
And if you ask me, not a one of those children have a single atom of MJ's DNA.
He should have died in prison for his sexual abuse of children.
Some folks can handle money, and some can’t. Some things never change, lol.
And just think,
They aren’t having to pay out all the hush money to his child victims anymore.
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