Michael Jackson Faced Over $500 Million Worth Of Debt At Time Of Death, Filings Show

  • 2 days ago
Recent court filings reveal that the estate of pop legend Michael Jackson was in debt to the tune of over $500 million at the time of his death in 2009. Documents filed in Los Angeles on June 21 and later obtained by People magazine last week showed that Jackson owed this massive sum to more than 65 creditors. The filings also disclosed that the late singer had multiple lawsuits pending worldwide.