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Pop royalty or debt dynasty? Michael Jackson's shocking $500 million debt at the time of his death

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Michael Jackson News

Music

Pop royalty or debt dynasty? Michael Jackson's shocking $500 million debt at the time of his death

Singer Michael Jackson arrives at the 2006 World Music Awards at Earls Court on 15 November 2006 in London.

He owed more than 65 creditors and had several lawsuits pending around the world, according to the 21 June filing. Jackson's off-the-wall spending habits were well reported on during his career and after his death, racking up $30 million in annual debt, according to the

 

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