Michael Jackson's Estate Has Made $2 Billion Since His Death 6 Years Ago

keone

WORLD WAR K aka Sensei ALMONDZ
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<p><span style="font-size: 12pt;">When</span> <strong style="font-size: 12pt;">Michael Jackson</strong> <span style="font-size: 12pt;">passed away 6 years ago today his debts were around</span> <strong style="font-size: 12pt;">$500 million</strong><span style="font-size: 12pt;">. Since that time</span> <a sl-processed="1" rel="nofollow" href="http://www.tmz.com/2015/06/25/michael-jackson-6-years-death-anniversary-estate-money-billion-kids-children/" target="_blank" style="font-size: 12pt;">TMZ</a><span style="font-size: 12pt;">&nbsp;reports that the</span> <strong style="font-size: 12pt;">King of Pop's</strong> <span style="font-size: 12pt;">estate has grossed nearly</span> <strong style="font-size: 12pt;">$2 billion</strong><span style="font-size: 12pt;">.</span></p>
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<p><span class="font-size-3">The revenue streams come from MJ's&nbsp;<strong>ONE show by&nbsp;Cirque du Soleil, 50 million records</strong> sold, the movie <em>This Is It</em> and other business ventures.</span></p>
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<p><span class="font-size-3">The $2 billion gets whittled down to <strong>$450 million</strong> after taxes and expenses. That would reduce his debts almost nothing and in the years to come the estate will see healthy profits.</span></p>
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<p><span class="font-size-3">Jackson made sure his three children were well taken care of financially. They each receive a significant amount of money as they get older. If the estate was liquidated today, <strong>Paris, Blanket</strong> and <strong>Prince</strong> would each get <strong>$100 million</strong>.</span></p>
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http://www.thisis50.com/profiles/blogs/michael-jackson-s-estate-has-made-2-billion-since-his-death-6
 
no matter how you look @ it...... white ppl ended up with his money! sony got the catalog & white kids do nothing for life & make hundred's of millions for life! & pass it on to their white kids! :smh::smh::smh: wttf?!
 
no matter how you look @ it...... white ppl ended up with his money! sony got the catalog & white kids do nothing for life & make hundred's of millions for life! & pass it on to their white kids! :smh::smh::smh: wttf?!

The only smart thing your arched eyebrows have ever said.
 
no matter how you look @ it...... white ppl ended up with his money! sony got the catalog & white kids do nothing for life & make hundred's of millions for life! & pass it on to their white kids! :smh::smh::smh: wttf?!

that shit is crazy how that works...


those lil demons dont even look like him..


they know dam well they got on skin darkening

creme...

thats why we need to leave their monetary system alone and

come up with our own...

aint no winning in this fixed game they got going on!!
 
no matter how you look @ it...... white ppl ended up with his money! sony got the catalog & white kids do nothing for life & make hundred's of millions for life! & pass it on to their white kids! :smh::smh::smh: wttf?!

I smell hate. White, black, or mixed they're his kids being raised in a black family. I think you'll be surprised who they end up marrying. And while Sony owns a part of the catalogue Michael's estate own's most of his catalog, the Beatles, Eminem, Taylor Swift, and a whole lot more. It was the smartest move he would ever make. Thanks to Paul McCartney for putting him on to the game. Moms Jackson is still head of the estate. The kids each have $100 million trust funds.

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2 billion is that heavily taxed? That seems sooo fucked up. How many muhfuckas got a hand in the cookie jar besides the IRS? :smh:
 
I smell hate. White, black, or mixed they're his kids being raised in a black family. I think you'll be surprised who they end up marrying...
Man you can spin it all you want, but he left 75% of his estate to non blood white kids. Period.

And you are fucking fooling yourself if you think any will marry/mate with anything other than cacs like themselves.

bubbles 2, 3 an 4.
Exactly. Im a Mike fan for life but fuck him for this one.

2 billion is that heavily taxed? That seems sooo fucked up. How many muhfuckas got a hand in the cookie jar besides the IRS? :smh:
It includes taxes and paying off of estate debt. He owed a reportedly 700million at one point.
 
Fuck Michael Jackson, he could have adopted some Black kids. All he did was give all those dollars right back to white people.

Greatest entertainer, but that economic cluster fuck is inexcusable
 
2 billion is that heavily taxed? That seems sooo fucked up. How many muhfuckas got a hand in the cookie jar besides the IRS? :smh:

remember....he was already a half a billion in debt. so after its taxed and they take the $500 million in debts from that as well...
that $450 mil is whats left. im pretty sure his adopted children arent complaining.
 
remember....he was already a half a billion in debt. so after its taxed and they take the $500 million in debts from that as well...
that $450 mil is whats left. im pretty sure his adopted children arent complaining.

the only reason the estate made that much was because mike ain't around to spend it like it was going out of style..dudes outgoing spending was ridiculous..:smh::smh:
 
Self Hatred and Foolishness. I wont say Fucc Mike cuz its his money to do as he wishes, but I will say that I dont fucc with Mike. BTW, anyone that can't look at dem weird lookin white kids and see that not one strand of Mikes DNA is in any of them should consult and Optmetrist ASAP.
 
http://www.dailymail.co.uk/news/art...kson-appears-sky-sixth-anniversary-death.html



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Log this under relevancy

Sony, Michael Jackson Estate in Talks for Transfer of Massive Catalog

Sony ATV, the famous music-publishing catalog that Michael Jackson bought in 1985 and used for decades as a financial lifeline, will soon be sold in full to the late singer's estate — or the estate may sell its own half back to Sony Corp. The technology giant will "either become 100 percent owner or divest," a source close to the deal tells Rolling Stone, adding that Sony reps will soon meet with Jackson's estate reps to work out the terms. The company has begun what is known as a "buy-sell process," with one source saying that "this is just the first step" for the company.

The catalog, which owns publishing rights for 750,000 songs, including tracks by the Beatles, Taylor Swift, the Rolling Stones, Marvin Gaye and many others, is worth an estimated $2 billion. It has been a 50-50 venture between Sony and Jackson since 1995, when the King of Pop agreed to merge his share with Sony's music-publishing catalog. In 2007, an auditor said Jackson's half of the catalog was worth $390 million — providing crucial assets for the big-spending superstar during a period when he was releasing almost no new music or making money off concert tours.

Reps for Jackson's estate declined to comment.

Jackson had been deeply in debt in 2006 when he agreed to give Sony an option to buy his half of the catalog at some later date. Sony exercised that option sometime last month. "The structure of a joint venture is sometimes difficult to manage," the source says.

Company reps would not comment, but leaked Sony documents last year suggest execs were dubious of its potential in a time of low digital-music revenues. Kenichro Yoshida, Sony's chief financial officer, said in a statement last year that Sony ATV "has a rather complex capital and governance structure and is impacted by the market shift to streaming."

The Beatles lost control of much of their publishing in the Sixties after a series of complicated business deals. When Jackson bought the catalog, for $47.5 million, Paul McCartney unsuccessfully bid against him. "The key thing to remember today is don't sell your catalogue," Marshall Gelfand, Jackson's accountant, told the Los Angeles Times at the time. "The whole explosion of music videos and the trend toward using more music in movies is going to make copyrights even more valuable. If you are an established artist today, you should only consider selling your catalogue as a last resort to raise cash."
 
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