Michael Jackson Estate Rakin’ In The Dough

The numbers made in the last year off of the ‘King of Pop’ are just staggering to say the least. Read the detailed report below:

via Huff Post

A kingdom that was on the verge of collapse from more than $500 million in debt now looks to be able to support his three children and his mother and donate healthily to children’s charities.

The estate has earned more than $250 million in the year since he died. Executors used some of that to pay off $70 million in debt, including the $5 million mortgage on the Jackson family compound in Encino, part of Los Angeles. The interest payments on the remaining debt are now covered by a steady flow of cash.

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