Michael Jackson died on June 25, 2009. The artist lived to be 50 years old, leaving a historical legacy in music, reaching the top and crowning himself as the ‘King of Pop’although he was also immersed in different problems, including drug use, and ended up dying precisely in his mansion in Bel Air due to an overdose of anesthetics.
Now, also following his death, what many did not expect, especially from his family, is that the artist left a multi-million dollar debt of nearly 500 million dollarsas published by the ‘E!News’ portal, referring to the documents to which it has had access about the figure of the singer.
Information that has come out exactly 15 years after the death of the artist of hits such as ‘Thriller’, ‘Billie Jean’ or ‘Smooth Criminal’among others. And that refers to the financial problems he went through in his later years, of which his lawyers were aware, describing his finances as “in disarray”.
And the debt that Michael Jackson had was growing due, above all, to the considerable expenses that he was making for the preparations of his concert tour ‘This Is It’. A series of expenses converted into a debt to the tour promoter that were recorded in the document that was presented to the Los Angeles County Superior Court.
Furthermore, the artist’s lawyers explained that He had changed his entire circle, such as his business manager, also his lawyers, and other personal managers years before his death.And that was why his new lawyers had to gather documents and agreements from all over the United States.
Luckily, as Jackson’s own representatives pointed out, That debt he had ended up being eliminated, also improving his image and benefiting the heirs of the so-called ‘Michael’s Trust’.which included her children, Prince Jackson, Paris Jackson and Bigi ‘Blanket’ Jackson.
Follow the Diario AS channel on WhatsApp, where you will find all the sport in a single space: the news of the day, the agenda with the latest news on the most important sporting events, the most outstanding images, the opinion of the best AS firms , reports, videos, and some humor from time to time.
