Newly filed court documents reportedly revealed that the King of Pop, Michael Jackson, was over $500 million in debt at the time of his death.
The executors responsible for Jackson’s estate, now worth $2 billion, filed a petition requesting back pay from 2018, according to documents obtained by People. They’re reportedly seeking reimbursement for legal, negotiating and additional operating costs that date 6 years back. The court documents indicated the legendary singer owed money to over 65 creditors when he passed away, the outlet reported.
US popstar Michael Jackson addresses a press conference at the O2 arena in London, on March 5, 2009. Pop megastar Michael Jackson announced Thursday he will play a series of comeback concerts in London in July, his first major shows for over a decade. Four years after his infamous child abuse trial, the 50-year-old eccentric singer confirmed…
