Michael Jackson's Fortune -- That's How He Rolls
The Jackson family compound where Michael's kids now live with Katherine is worth $4.2 million, according to new docs that list some of MJ's treasures ... like his fleet of Rolls-Royces.
The Jackson Estate just filed a partial inventory of the tangible property MJ left behind when he died. Here's how it breaks down:
- Encino mansion ... $4,150,000
- Encino condo ... $315,000
- Desert Auto, LLC (in CA) ... $676,317
- 1998 Rolls-Royce ... $100,000
- 1990 Rolls-Royce ... $55,000
- 1988 Rolls-Royce ... $40,000
- Several bank accounts ... $444,260
Total: $5,780,577
It's a nice chunk of change, but nothing compared to the real jackpot ... MJ's Sony Music Catalog -- which has been valued as high as $1 billion.
<!-- m -->http://www.tmz.com/2010/09/23/michael-j ... rty-value/<!-- m -->
The Jackson Estate just filed a partial inventory of the tangible property MJ left behind when he died. Here's how it breaks down:
- Encino mansion ... $4,150,000
- Encino condo ... $315,000
- Desert Auto, LLC (in CA) ... $676,317
- 1998 Rolls-Royce ... $100,000
- 1990 Rolls-Royce ... $55,000
- 1988 Rolls-Royce ... $40,000
- Several bank accounts ... $444,260
Total: $5,780,577
It's a nice chunk of change, but nothing compared to the real jackpot ... MJ's Sony Music Catalog -- which has been valued as high as $1 billion.
<!-- m -->http://www.tmz.com/2010/09/23/michael-j ... rty-value/<!-- m -->
Comments
There must be people behind this catalog <!-- s:geek: -->:geek:<!-- s:geek: -->
Desert Auto, LLC (in CA) ... $676,317?????
Did anyone know that Michael's assets included Desert Auto? Isn't this a Auto Dealership? Interesting...also, I don't see listed the $5,000,000 that Thome Thome handed back to the estate that he was "holding it for Michael". I know this is a partial inventory but if they go to the trouble of stating "several bank accounts" you'd think they could also list this money. Hmmm...guess Neverland isn't included?
Certainly hinting towards something big here....
Follow the money, and you'll find those responsible...I hope to God that Katherine is not part of this.....
Seems like there is a strong hint towards Katherine being involved in the money somehow.
Where's my straight jacket ...I'm losing it... <!-- s
they probably don't really enjoy it all that much. they have to constantly be worried about who is going to try to take it from them.
Your attachment cracked me up!
<!-- m -->http://www.uae-business-directory.com/d ... -co-l.html<!-- m -->
And did you notice the reflection in MJ's glasses? Looks like Murray and a Blonde...
Please don't say or even think that!
Michael adores he's mom he always said that, i'm a mom myself and believe me you give youre life for your baby ,no matter how old your child is.
Katherine always supported Michael , and Michael LOVES he's mother (Look at BACKS post!!!!!!
Yes, I agree with you. I've never gone with the broke, drug addict portrayal.
i think you're right. The previous TMZ article talked about how the MJ Estate cleared up MJ's huge amounts of debt, assuming that MJ was really in debt, gave the public the impression that MJ was broke/bankrupted. However one could be in debt simply because one has not paid up the debt, and this doesn't mean that one did not have the ability to pay up. This must have been MJ's case, since it's been said that his accounts have been mishandled by his manager.
There is more ... so much more... this is a nutty list of nothing significant I think,,,,, there is soooo much more
2good2betrue hahahahahaha that is a very funny picture <!-- s:D -->:D<!-- s:D -->
I saw a video sometime ago where Michael is talking and he mentions that his older brothers, particularly Jackie, I think, loves to work on cars, etc. I am wondering if they do have their own dealership lol....be interesting to see if we can get more information on that car company. Or, this dealership is just another dog bone thrown out to see what we do with it....hmmmm I agree the list of assets is very small in comparison to his investments worldwide.
This is very partial. Where is all his real estate all over the world, Neverland, art and I am sure he had some more good business deals in his life no one knows about. The catalogue is rumoured to be worht much more than $1 billion. As reported he sold half of his 50%. The catalogue is said to be worth between $6 and $8 billion. That means 25% is wort between $1.5 and $2 billion. So he sold that 25% for around that amount. Where is that money? I am sure he didn't spend it all in that short period of time, he's too smart for that.
And what is with the years 1988, 1990 and 1998? 1988 start of the hoax, 1998 dangerous autograph code, but what about 1990?
Glad to see he's still rollin' though. Nice cars you have Mike! <!-- s
"For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."Almost every story on TMZ is about cars or money...
"For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places."Did you see the Lindsay Lohan one with the drawings? Is it just me or do those drawings look like Michael's artwork? <!-- s
I'm losing it!
Edit: I do see that the artist is Mona Shafer Edwards. Just funny how everything reminds me of MJ. <!-- s
The year 1990 could be in this TMZ story as wasn't that the year when he started recording the album "Dangerous" which is very significant to the hoax.....
According to the info on wiki "Dangerous" was recorded from 25 June 1990 ( <!-- s:shock: -->:shock:<!-- s:shock: --> ) to October 29 1991.... <!-- m -->http://en.wikipedia.org/wiki/Dangerous_(album<!-- m -->)
On a side note ...I think Oct 29th is the date that the TIAI redirects started?