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Michael Jackson estate reimbursed for expenses incurred over past six years by end of 2024?
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Resolution / Starting Odds
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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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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%
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No major use announced • 25%
Tyka Nelson • 25%
Prince's five half-siblings • 25%
Prince's longtime friends • 25%
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Dismissed • 25%
Settled in favor of Tyka Nelson • 25%
Settled in favor of Prince's five half-siblings • 25%
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