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Michael Jackson was $500 million in debt when he died, according to court filing (www.nbcnews.com)
submitted 5 days ago by return2ozma@lemmy.world to c/music@lemmy.world
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[-] 1stTime4MeInMCU@mander.xyz 29 points 5 days ago

Likely Accounting trickery

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

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

[-] Sanctus@lemmy.world 14 points 5 days 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.

this post was submitted on 27 Jun 2024
95 points (91.3% liked)

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