Last Updated on 07/10/2022 by てんしょく飯
Michael Jackson has earned more than $2 billion since his death. Recent audited records reveal that Michael Jackson, who passed away in 2009, earned an average of more than $360 million a year from his business dealings since then.
Unprecedented Business Transactions
According to the documents, Sony purchased a 10% lifetime interest in Michael’s EMI catalog for $287.5 million. 7.5 million, and Michael allegedly earned more than $72 million from another business deal. For several years after his death, Michael’s accounts tracked debts of approximately $500 million, but now his estate, cash accounts, and gross income total approximately $888.28 million dollars.
Attorney Jekyll S. Cohen, who was involved in the estate, said of the joint executors, John Branca and John McClain, “The executors created a special and unique opportunity that did not exist at the time of Michael Jackson’s death, generating significant income and Trust beneficiaries and enhance Michael Jackson’s image and legacy.””As of December 31, 2021, the The Heritage Foundation has generated gross revenues in excess of $2 billion as of December 31, 2021,” and further praised the two parties for their “unprecedented business transaction,” and for “making the He continued that the two parties had “entered into an unprecedented business transaction” that “cemented the MJJ business as a significant entity in the entertainment industry.
The Los Angeles court-approved documents also reveal that all expenses, including the house, mortgage, and living expenses of the three children and Michael’s mother, Catherine, are fully covered.
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