Michael Jackson had a debt of billions of rupees! Shocking revelation made 15 years after his/her death

Who doesn’t know Michael Jackson! he/she was famous all over the world. his/her songs and unique dance made him/her the ‘King of Pop’. The death of the man for whom millions of people were ready to die shocked everyone. In 2009, at the age of just 50, he/she said goodbye to everyone. Now, 15 years after his/her death, a shocking revelation has been made. Recently, new court documents have revealed that at the time of Michael’s death, he/she had a debt of more than $ 500 million. According to the report, the Executors of Michael Jackson’s estate filed a file on June 21, in which detailed information has been given about the financial problems faced at the time of the death of the 13-time Grammy Award winning singer. It has been revealed in the filing in Los Angeles County Superior Court that he/she had a debt of more than $ 500 million.

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Michael was going to do live concerts in many cities

old photo of michael jackson

When Michael Jackson died, he/she was about to do a ‘This Is It’ concert tour. In connection with this tour, he/she was going to perform live shows in cities like London, Paris, New York and Mumbai. It is known that Michael’s personal physician Conrad Murray had given him/her such lethal medicines, due to which he/she died of a heart attack. In this case, Conrad was convicted of manslaughter.

Michael’s tour suffered a setback

According to court filings, Michael Jackson’s estate has suffered a financial blow of about $40 million to ‘This Is It’ promoter AEG. Before his/her death, Michael was also facing lawsuits in several US states. Creditors had filed more than 65 claims against the singer. However, it was later said that many cases have been resolved.

Michael Jackson’s Net Worth

Michael Jackson’s total net worth is said to be Rs 4442 crore. Documents show that he/she spent the most money on jewellery, furniture, gifts, travel and charity. he/she married Lisa Marie Presley in 1994. After divorcing her in 1996, he/she married Debbie Rowe for the second time, which lasted until 2000. Michael has three children – Paris Jackson, Prince Jackson and Biggie Jackson. The children are supported by Michael’s fund.