Michael Jackson died cash poor, but asset rich.
Two years since his death there has been a dramatic turn around in his finances.
Court documents show that his estate has
generated more than $310M, which has enabled executors to
distribute a preliminary payment of $30M to Jackson's
mother and children, and to unnamed charities.
Additionally, the estate has been able to pay off numerous approved creditors' claims as well as Jackson's income taxes.
No comments:
Post a Comment