Michael Jackson - Jackson Estate Has Pulled In $310 Million Since Star's Death

MICHAEL JACKSON's estate has made a staggering $310 million (£206 million) in revenue since his death, according to court records.
The pop superstar passed away with massive debts amounting to a mammoth $400 million (£266 million), boosted by a huge number of creditors demanding alleged unpaid monies after his demise.
But papers filed in a Los Angeles court on Thursday (17Feb11) show the Thriller star's estate is heading back in to the black thanks to a huge surge in posthumous record, film and merchandising sales.
The estate administrators have now paid off $159 million (£106 million) of the pop star's debts.
Court papers state, "Although there remain unresolved creditor claims, pending litigation and additional challenging business, tax and legal issues, and the estate is not yet in a condition to be closed, the executors have made substantial progress in reducing the estate's debt."


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jacqueline.capucine's picture

jacqueline.capucine

Why can they forget those debts ,,,,,,,and let it go already.............
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queen of  mean's picture

queen of mean

I agree hell it's his money he earn it what's it to them so what big deal
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Micheal-Jackson -Fan's picture

Micheal-Jackson -Fan

He is DEAD forget the IRS.. Why pay past taxes who is the IRS going to put in Jail his Coffin. s**t they let Government officials not pay taxes and get away with it.They can let the late Michael Jackson forgive his debt..he has given so much to this world.Leave his memory alone
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