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I heard he has a lot of debt. I was just curious.

2007-04-05 14:36:35 · 15 answers · asked by I like horses 1 in Entertainment & Music Celebrities

15 answers

No and when his new album sells out of the stores he will be even richer!!

♥♥We Love You Michael!!!!♥♥

2007-04-05 14:56:40 · answer #1 · answered by ♥Stranger In Maine™♥ (Thriller) 7 · 1 1

I don't know if he's in debt, but it's not like he'll be homeless. Back in like 2002 he got $15 million for doing 2 concerts. Just being Michael Jackson will make him rich.

2007-04-06 17:24:19 · answer #2 · answered by Jennifer 5 · 1 0

He has been for years. Do you remember a show some years ago where he went on a shopping spree and a camera followed him around filming it all? He spent something like $2 million dollars in an hour. Anyway, later he had to return everything he bought because he couldn't pay for it. He's been slowly selling off assets for the last few years. I think he even sold some or all of his prized Beatle catalog, didn't he?

2007-04-05 21:39:56 · answer #3 · answered by Emily Dew 7 · 0 1

MJ's whole life has been turned upside down, ridiculed and he has had to change many of his lifesty\le choices.

Hopefully he can pick himself up,where he left off. Happy, dancing and entertaining.

Etertaining us, bringing joy to the millions of fans he still has, after all this time.

Perhaps this, would be rid of his debt, if he has any.

:-)

2007-04-05 21:41:15 · answer #4 · answered by gothik_greeneyz 2 · 2 0

Yep, has lots of debts and soon will be a permanent fixture in Las Vegas doing the strip thing.

2007-04-05 21:38:45 · answer #5 · answered by Anonymous · 0 2

He just charged like 3500 dollars for a 30 second handshake he is making more money than he knows what to do with.

2007-04-05 21:39:33 · answer #6 · answered by calired67 4 · 1 1

Yes, he's in financial trouble.
That's why there's been so many re-releases recently, and compilation albums.
I think he even sold his rights to the Beatles songs back to Paul McCartney.

2007-04-05 21:40:08 · answer #7 · answered by Anonymous · 0 2

I HEARD he already went down the tubes. HE left the USA because he knows the americans dont put up with child abuse .

2007-04-05 21:39:24 · answer #8 · answered by Anonymous · 0 2

I think he's there already. Isn't it amazing how somebody could have so much wealth, and now they are deeper in debt than most countries?

2007-04-05 21:41:02 · answer #9 · answered by johN p. aka-Hey you. 7 · 0 2

No, and it doesn't hurt that he has a new album coming out this year!

2007-04-07 02:15:35 · answer #10 · answered by ♥moonwalk♥ 3 · 1 0

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