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Guest IsThatSaraS

Michael Jackson is earning more in death than he did in life – here’s how much

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Guest IsThatSaraS

The estate of Michael Jackson is currently earning more money than the late artist did when he was alive, according to newly-released court documents.

Jackson, who died in 2009 at the age of 50,

reportedly faced debts of up to $500 million (£388 million) at the time of his death.

The aforementioned documents claim, however, that the executors of his estate have “disposed of most of the creditors’ claims” –

but some debts still remain.

However, as reported by The Mirror, Jackson’s estate earned $74 million (£57.4 million) in 2015.

The details have come to light in a 73-page court document which was filed at a Los Angeles court by his executors.

Those earnings include publishing rights, which brought in $2,448,584.99 (£1.9 million) in that year.

Jackson’s merchandising arm, Triumph International, was the biggest-earner for the estate during that time period,

bringing in $18.8 million (£14.5 million).

In other Jackson news, his estate and Sony Music have both been cleared from a long-running lawsuit

which claims that three of the tracks on the posthumous album ‘Michael’ didn’t actually feature the late artist’s vocals.


Read more at https://www.nme.com/news/music/michael-jackson-earnings-estate-more-in-death-than-life-2371926#7A45es6K2qkBfO5S.99

 

 

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