Wednesday, July 29, 2009

Michael Jackson Hid Money

This post is dedicated to my mother. For years, every time she heard it announced on the news that pop singer, Michael Jackson, was in financial trouble, she would exclaim, "He's hiding money." Well, turns out mommy was right. You go girl!

It was announced today, the executors for the estate of the late pop star, have been finding dinero and assets all over the place, totaling more than $500 million dollars. Jackson's estate is solvent.

Jackson's half of the Sony/Beatles catalog, which Sony hated him for, as they coveted the entire thing, whilst only owning half of it, would certainly push his net worth over a billion dollars, providing someone doesn't con his poor mother out of it.

Michael Jackson Wasn't So Broke After All

Michael Jackson may have died owing an estimated $400 million, but in new court documents obtained by RadarOnline.com, the executors of the singer's estate assert there are "assets consist of real and personal property exceeding $500 million and that the estate is solvent."

Executors John Branca and John McClain also state they were successful in recovering over $5.5 million dollars in cash from a former unamed business advisor. RadarOnline.com has learned that the funds were in a personal Michael Jackson account and have been transferred to the Trust account...

http://www.radaronline.com