Michael Jackson’s Nearly Billion Dollar Fortune is Discovered
Battle Ensues Over Secret Art Collection
Bryna Jean-Marie
Posted: 07/06/2011 08:24 PM EDT
Filed Under Michael Jackson
Michael Jackson’s alleged financial woes seemed to be over when his secret art collection was discovered recently and valued at $902.52 million, according to Star magazine. The 182-piece art collection has never been seen before.
Jackson’s mysterious fortune is now the center of a legal battle between the singer’s estate and an undisclosed international business man. Jackson’s attorneys are attempting to block a sale of the items for a mere $87.7 million, in order to return them to Prince, 13, Paris, 12, and Blanket, 8, and their guardian, Jackson's mother Katherine.
The secretly kept art is described as a “rare intact major collection” with “an invaluable pedigree for future sales in the international art market.” If it is returned to Jackson’s children, the newly discovered fortune would ensure that Jackson’s children, would be financially stable for life.
Battle Ensues Over Secret Art Collection
Bryna Jean-Marie
Posted: 07/06/2011 08:24 PM EDT
Filed Under Michael Jackson
Michael Jackson’s alleged financial woes seemed to be over when his secret art collection was discovered recently and valued at $902.52 million, according to Star magazine. The 182-piece art collection has never been seen before.
Jackson’s mysterious fortune is now the center of a legal battle between the singer’s estate and an undisclosed international business man. Jackson’s attorneys are attempting to block a sale of the items for a mere $87.7 million, in order to return them to Prince, 13, Paris, 12, and Blanket, 8, and their guardian, Jackson's mother Katherine.
The secretly kept art is described as a “rare intact major collection” with “an invaluable pedigree for future sales in the international art market.” If it is returned to Jackson’s children, the newly discovered fortune would ensure that Jackson’s children, would be financially stable for life.
Crazy amounts of money. Thats not counting the 1/3 of Sony he owned, The Beatles Publishing, and tons of other things he had. The man was far from stupid. Thats not one million, 100 million, or 500 million, thats 1 BILLION worth.Pretty awesome stuff. The man wasnt nearly as stupid and crazy as they tried to make him out to be with the BS debt stories and what not. He was actually a very smart business man.