Michael Jackson’s Financial Assets Made Public
TMZ has revealed just how much Michael Jackson, deceased, was worth at the time of his death. According to financial records, the King of Pop earned more than $1.3 billion in his long musical career – but the liquid assets he had at the time of his demise add up only to about .05% of this huge amount.
Jackson had about $668,215 in cash when he died earlier this year, though he does have additional assets totaling millions of dollars. His real estate is valued around $73,475,000, an amount based on the worth of Jackson’s two homes (Neverland and Encino Home). Professional equipment, media archival materials, his publishing trust and other personal property including antiques and automobiles brings the total up by approximately $126,000,000.
Even though Michael Jackson is now dearly departed, his estate will continue to earn money perhaps into perpetuity, which means the singer’s future assets are practically limitless.
