Thursday 25 August 2011

Michael Jackson's estate after his death show a lot more benefits

Michael Jackson was in such debt when he died, that the Beatles Catalog to be much lower than it was worth, according to new documents.

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Jackson's net worth at death was $ 50 million. Beatles Catalog is only valued at $ 474,544 because he had borrowed against the $ 300 million.

In October of 2010, he died 15 months later, the State is equivalent to $ 218,964,000. The 185 million dollar loan to pay off estate, family allowances, interest, Hayvenhurst mortgage, and no more.

Estate is worth so many words now, but 2010 is much higher than in October.

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