Since Michael Jackson has died 2 summers ago, it appears he has made more than $300 million in profits since his death! Hollywood Reporter claims that before his death, MJ was about $400 million in debt. Once Jackson died, people who controlled his estate began selling bits and pieces as well as the rights to it, earning about $310 million, helping to pay off a majority of his debt. Besides releasing tracks that MJ had kept hidden, for example, “Hold My Hand” featuring Akon, many auctions have been taken place where his Thriller Jacket just sold for a whopping $1.8 million the other day!
It sure seems that the music and soul of King of Pop will truly live forever. What are your thoughts?