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Amount of debt settled by Michael Jackson estate by end of 2024
4
Resolution / Starting Odds
Over $500 million • 25%
$250 million to $500 million • 25%
Under $250 million • 25%
No debt settled • 25%
Public court filings and official announcements from estate executors
Story
Michael Jackson Was Over $500 Million in Debt at Time of Death in June 2009, New Court Documents Reveal
Jun 27, 2024, 11:47 PM
Newly revealed court documents indicate that Michael Jackson was over $500 million in debt at the time of his death in June 2009 at age 50. The documents highlight that Jackson owed more than 65 creditors and that his business affairs were in significant disarray. The revelations come as executors of his $2 billion estate file for reimbursement of expenses incurred over the past six years. Jackson's debt situation was compounded by a planned concert tour that was set to take place before his untimely death. The court documents were filed last week in Los Angeles.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Challenge from family member • 25%
Challenge from business entity • 25%
Challenge from creditor • 25%
No major legal challenge • 25%
New album release • 25%
New documentary or film • 25%
New commercial use (e.g., ads) • 25%
No major use announced • 25%
Less than $1 million • 25%
$1 million to $5 million • 25%
$5 million to $10 million • 25%
More than $10 million • 25%
Dismissed • 25%
Settled in favor of Tyka Nelson • 25%
Settled in favor of Prince's five half-siblings • 25%
Other • 25%
Dismissed • 25%
Settled • 25%
Verdict for Plaintiff • 25%
Verdict for Defendant • 25%