what happened to Michael JACKSONS MILLIONS??
@moneymoney2009 (53)
United States
June 27, 2009 2:11pm CST
some estimates put he singer s debt at the time of his death at 300 million,others put him at almost twice that amount . do you think he might have some hidden fuds or what happened to all his money?? some people said he spent more money than he could afford.but come on he was the world most famous being. so wha happened to his money???????
2 responses
@echomonster (2226)
• Greenwood, Mississippi
27 Jun 09
I think it's possible he does have some hidden funds. Maybe in a Swiss bank account! However, it's no lie that he accumulated huge debts. At some point, he may have made the decision that he didn't want to pay those debts, even if he had funds to cover them somewhere, for the sake of his kids. Of course, he also planned to go touring again and make money that way.
@harmonee (1228)
• United States
27 Jun 09
I think he just spent it unresponsibly. I'm sure his court costs were fairly high. Then you add in his staff, and his amusement park at his home and a lavish lifestyle and it all starts adding up. He has a few kids and I'm sure they got nothing but the best. If Mike Tyson can go bankrupt after making 30 million in 3 years, MJ could very easily do the same.
@moneymoney2009 (53)
• United States
27 Jun 09
yeah harmone you are right...it cst money to be a celebrities. and obviously it causes constant stress.u dont know it tll u live it
