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Old 06-30-2009, 01:14 PM
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usnamom usnamom is offline
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Join Date: Nov 2002
Location: Charleston
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Quote:
Originally Posted by dannic View Post
"The also said that Michaels will completely left Joe out of it. That close to a billion dollars is left to his kids, his mother & a couple charities." Explain to me how he can be worth a billion dollars when he was 500 million in debt?? I do not understand that!

I feel very sorry for these kids. I think they have had a very protected life from the start and now they are thrown in this spotlight. Very sad.
Part of MJ estate is the rights to half the Beatles music. That is worth a fortune in royalties and future earnings. The royalties off the music he left behind will be worth a fortune. For every CD that is sold his estate will get a part of. Perhaps now that he is dead, there will be less hanger oners and the money will get where it is supposed to...to his bank account. I read once where he made a million dollars but after everyone got his cut, he actually made 200,000.
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