Michael Jackson Assets

Michael Jackson died on the 25th of June, 2009... what most surprised me were his assets! On the next paragraphs you'll find a little bit about these crazy numbers of his assests, just amazing.

Unfortunately it seems that he also left $500 million on unpaid debts...

I've made a little bit of research on his assets and I was truly amazed on what I found out. Please keep reading and give me your feedback on what you thinks of this, and if you have more data on this matter please leave your comment below.

I really didn't have a clue about this amazing "collection"... From his songs, passing trough Beatles, and lot more...

So, let's just make a little catch up on everything he had/won:

• 61 million albums in the U.S
• decade-long attraction open at Walt Disney theme parks
• in 1985 he paid $47.5 million for ATV Music, which owned the copyright to 259 songs written by John Lennon and Paul McCartney
• in 1988, he paid $14.6 million for Neverland, a 2,500-acre property in Santa Barbara, CA

In total, Jackson asset's are estimated to be worth $1 billion!!!

As you can see, it's a lot of money! But I really didn't had a clue on Michael Jackson owernership of Beatles Songs! This really amazed me!

According to financial documents, Michael's cash totaled to only .05% of his net worth, about $668,215. Gotta get more liquid than that!

A few more numbers for you:

• Real property $73,475,000 (Neverland valued at $66,875,000, Encino Home valued at $6,600,000)
• Restricted cash $10,696,764 (this is a cash reserve to pay interest on loans)
• Media Archival materials $20,000,000
• MJ Publishing Trust $85,000,000
• Professional equipment $1,000,000
• Automobiles, antiques, collectibles & other personal property $20,000,000

Did you guys knew this? Aren't you amazed by this numbers?

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