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How Much Micheal Jackson Has Made Since His Death - Celebrities - Nairaland

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How Much Micheal Jackson Has Made Since His Death by Finepaparazy(m): 4:14am On Jun 29, 2015
Ever since pop star Michael Jackson passed away, a
fortune has reportedly been made from his name.


According to TMZ, the estate has grossed nearly
$2 billion since Jackson’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 billion gets cut 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 million.



MJ’s debts at the time of his death were around
$500 million, so just on those two 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.
Sources told TMZ that ‘if the estate were
completely liquidated today, each kid would get
around $100 million’.
Michael Jackson died June 25th, 2009 at the age
of 50.
http://mp3naijaloaded.com/index.php/2015/06/29/how-much-michael-jackson-has-made-since-his-death/
Re: How Much Micheal Jackson Has Made Since His Death by 48noble(m): 4:15am On Jun 29, 2015
His memory lives on...




A good name..priceless since 29BC
Tinubu should know that.

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