Michael Jackson was $500 million in debt when he died, according to court filing (www.nbcnews.com)

submitted 4 months ago by return2ozma@lemmy.world to c/music@lemmy.world

17 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] 1stTime4MeInMCU@mander.xyz 29 points 4 months ago

Likely Accounting trickery

permalink
fedilink
source
hideshow 4 child comments

[-] maynarkh@feddit.nl 27 points 4 months ago

If the debt was owed to banks, then... heeee hee

permalink
fedilink
source
parent

[-] Sanctus@lemmy.world 14 points 4 months ago

I took a music business class and I vaguely remember this subject. I'm pretty sure dude was actually in the hole from frivolous spending, and also partially due to the way the music rights worked out.

permalink
fedilink
source
parent

this post was submitted on 27 Jun 2024

95 points (91.3% liked)

Music

8113 readers

13 users here now

founded 1 year ago

MODERATORS

ruud@lemmy.world

cnx@slrpnk.net

EliYeet@lemmy.world

felixwhynot@lemmy.world