Net Worth $600 Million USD
Michael Joseph Jackson August 29, 1958 – June 25, 2009 was an American recording artist, dancer, singer-songwriter, musician, and philanthropist. Referred to as the King of Pop, Jackson is recognized as the most successful entertainer of all time by Guinness World Records. His contribution to music, dance, and fashion, along with a much-publicized personal life, made him a global figure in popular culture for over four decades. The eighth child of the Jackson family, he debuted on the professional music scene along with his brothers as a member of The Jackson 5 in 1964, and began his solo career in 1971.
We now have to subtract the King of Pop’s outstanding debts, which are estimated to be in the range of $400 million. All in, CNW believes the Jackson estate is looking at a $600 million net worth.
• $15 million to purchase the Neverland Ranch plus $5 million in annual maintenance costs
• $20 million to settle a child molestation lawsuit.
• $65 million on a variety of video projects, including the 35-minute film “Ghosts” that he co-wrote
• $12 million divorce settlement with baby momma Debbie Rowe.
• $5 million in annual interest payments on his debts
Michael Joseph Jackson August 29, 1958 – June 25, 2009 was an American recording artist, dancer, singer-songwriter, musician, and philanthropist. Referred to as the King of Pop, Jackson is recognized as the most successful entertainer of all time by Guinness World Records. His contribution to music, dance, and fashion, along with a much-publicized personal life, made him a global figure in popular culture for over four decades. The eighth child of the Jackson family, he debuted on the professional music scene along with his brothers as a member of The Jackson 5 in 1964, and began his solo career in 1971.
We now have to subtract the King of Pop’s outstanding debts, which are estimated to be in the range of $400 million. All in, CNW believes the Jackson estate is looking at a $600 million net worth.
• $15 million to purchase the Neverland Ranch plus $5 million in annual maintenance costs
• $20 million to settle a child molestation lawsuit.
• $65 million on a variety of video projects, including the 35-minute film “Ghosts” that he co-wrote
• $12 million divorce settlement with baby momma Debbie Rowe.
• $5 million in annual interest payments on his debts
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