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Thank you for posting this information. You would think that Michael would have been a billionaire long before now, right? It doesn't make sense if you look at Sony/ATV, MJJ Music, etc.I wonder if perhaps part of Michael's problem is that he supports most of his family. He also has been sued by anyone and everyone who think they can make an easy dollar off of him. I haven't heard more than maybe two people who have sued Oprah - and I'm not sure they won...Something I've always thought is that after the extortion attempts he's deliberately hid his money in an effort to keep from being used. I know he's had several businesses and I would be willing to bet he's got stake in some businesses that we aren't aware of. I've never bought the story that he was broke or near broke. I have always believed that it was a cover in order to protect him.Does he spend money? Obviously, he does. He has never known a different lifestyle. But, really, who's place is it to tell Michael how to spend his money? He doesn't tell us how to spend ours (what little I have). Bottom line, I think he's deliberately hid his money so it doesn't appear that he has as much as he does. Blessings.
Thanks for the data, voiceforthesilent! It seems hard to ascertain the precise value of the Sony/ATV catalog, but BACK (that poster on the MJJC forum) also estimated it at around $4-5 billion. I noticed this among the info you sent: Jackson's other publishing firm, Mijac, which publishes songs written by Jackson himself and which is administered by competitor Warner/Chappell Music, is valued to be worth at least $75 million.I think Mijac should be worth much more than that. That's what I was referring to when talking about Michael having publishing rights to his own songs... Isn't MJ's music at least as valuable as that of the Beatles?! Even if MJ has fewer songs (which I'm not sure about), I don't understand the huge discrepancy in value. (The Sony/ATV catalog doesn't contain solely rights to Beatles songs, but the Beatles songs themselves - said to be the most precious in that catalog - are worth much more than $75 million). And MJ, like his brothers, should also be getting J5 royalties... There's no way, in my mind, that Michael isn't worth at least $1 billion (and probably quite a bit more).
Him being in debt is bs and he's worth way more than a billion but he probably doesn't want to talk about his money like that
Quote from: "King_Michael"Him being in debt is bs and he's worth way more than a billion but he probably doesn't want to talk about his money like thatAgreed! If he talks about it the leeches will think of new ways to try and get some. Thanks voiceforthesilent! I continued to read wiki and learned something new. Dick Gregory claims that when MJ purchased the catalog he didn't know that the Beatles owned Little Richard's music.....and he gave it back to him. Wow! What a wonderful person. That's certainly something that should've been publicized amidst the garbage.