Music Banter
Page 57 of 160 « First 7475556 57 585967107157 Last »
Show 40 post(s) from this thread on one page

Music Banter (https://www.musicbanter.com/)
-   Pop (https://www.musicbanter.com/pop/)
-   -   Michael Jackson (https://www.musicbanter.com/pop/4378-michael-jackson.html)

scottsy 06-26-2009 11:45 PM
I knew he was in some pretty serious debt... but man, $300 Million is sure alot of dough...

boo boo 06-27-2009 12:18 AM
Quote:
Originally Posted by lucifer_sam (Post 691692)
you do realize he's accumulated about $300M in debt, right? he had to sell off Neverland and everything, that's why he was doing a comeback tour in the first place.
The news has only been talking about it all day, of course I wasn't aware of that. :rolleyes:

Elvis (who was also heavily in debt) is long gone, but his estate and his records still bring in a lot of moolah some 30 years after his death, you know that's gonna be the case for MJ, and now that the spender is gone, the income will eventually overshadow the debt, trust me.

SATCHMO 06-27-2009 01:09 AM
I wonder who inherits his estate?

Arya Stark 06-27-2009 01:10 AM
Quote:
Originally Posted by SATCHMO (Post 691758)
I wonder who inherits his estate?
His kids, no? =3

SATCHMO 06-27-2009 01:13 AM
Quote:
Originally Posted by AwwSugar (Post 691760)
His kids, no? =3
Someone has to be the legal executor until they're old enough to have legal capacity, so probably their mom(s).

Arya Stark 06-27-2009 01:14 AM
Goodness. That money's going down the drain before the kids reach double digits.

SATCHMO 06-27-2009 01:19 AM
Quote:
Originally Posted by AwwSugar (Post 691766)
Goodness. That money's going down the drain before the kids reach double digits.
No it would still go to them, but usually there's someone who "inherits" the legal right to make executive decisions regarding any decisions made about albums being released posthumously, that is if MJ had any of those rights in his record contract, which i'm sure he did.

boo boo 06-27-2009 01:27 AM
Just gotta hope that Jackson left it in the hands of someone who can manage it.

Elvis's people are a great example of how to manage an estate.

They've made him more money than he ever had when he was alive.

Freebase Dali 06-27-2009 02:39 AM
I think it's pretty obvious the ranch is going to Macaulay Culkin.





He'll be home alone.

Comus 06-27-2009 02:56 AM
Quote:
Originally Posted by Veridical Fiction (Post 691790)
I think it's pretty obvious the ranch is going to Macaulay Culkin.





He'll be home alone.
I reported this post :mad:


All times are GMT -6. The time now is 01:40 PM.
Page 57 of 160 « First 7475556 57 585967107157 Last »
Show 40 post(s) from this thread on one page


© 2003-2025 Advameg, Inc.