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Michael Jackson Earned $756 Million Since His Death
Posted on Tue Jun 22, 2010 09:15 AM PDT
Michael Jackson, who was said to be in serious financial trouble before his death, has generated roughly $756 million dollars in the year since he passed away.
The staggering figure is due mostly to the posthumous sales of his CDs, followed by the theatrical and DVD sales of his documentary, This Is It, a deal his estate made with Sony which will bring in tons of dough for years to come, and his publishing catalogue, which includes works by everyone from the Beatles to Taylor Swift, as the NY Daily News reports.
The $756 million won't all go to his estate -- which still carries quite a debt of nearly $500 million -- but considering the multiple deals and sales that will bring in $$$ for years to come, we imagine it won't be too long before that gets whittled down.
Prince Michael, Paris and Blanket should be set for life.
Unless they inherited their dad's spending habits!
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