Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Entertainment
February 18, 2011

Jackson’s estate earned $310 million since death

LOS ANGELES — Despite more than $310 million in earnings since his death, Michael Jackson’s lavish spending habits still haunt his legacy and have required lawyers to create new deals and restructure old debts, court records show.

Jackson died more than $400 million in debt, and attorneys are still trying to resolve several pending lawsuits, according to documents filed by his estate on Thursday.

The report also states Jackson’s estate spent $159 million between the singer’s June 2009 death and the end of 2010, with some of the money used for his funeral, burial and to buy the Jackson family’s home in the San Fernando Valley north of Los Angeles.

According to the filing, many of Jackson’s debts, including his interests in a music catalog that features works by The Beatles and other top-earning musicians, have been restructured.

While Jackson’s attorneys have resolved numerous debts and lawsuits, several cases are still unresolved, including disputes over Jackson’s “Thriller” music video.

Since soon after the pop singer’s death at age 50, attorneys began working on deals to begin to restore lustre to Jackson’s legacy, which had been tarnished even though he was acquitted of child molestation charges.

Projects have included the release of This Is It, a film using rehearsal footage from Jackson’s planned series of comeback shows; new music and video games; and the rerelease of the singer’s autobiography.

An audit of the singer’s earnings for already released music is under way and could yield more profits, the filings state.

Experts say Jackson’s estate earnings are likely to rival those of another music superstar, Elvis Presley.

Most of the earnings benefit Jackson’s three young children and his mother, Katherine, who is their guardian. Renovations on her home, valued at more than $4.1 million, are ongoing.

A judge will review the financial report, which is the first complete accounting of the King of Pop’s financial affairs after his death. That hearing is scheduled for May 5.

Jackson’s estate attorneys say the judge should expect to retain oversight of the estate for at least another year after that.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Swiss reggae artiste Cookie the Herbalist receives Billboard plaque
Entertainment, Latest News
Swiss reggae artiste Cookie the Herbalist receives Billboard plaque
BY KEVIN JACKSON Observer Writer 
December 26, 2025
When Switzerland-based reggae artiste Cookie the Herbalist collaborated with legendary Jamaican producer Lee “Scratch” Perry in 2017, it was a dream c...
{"jamaica-observer":"Jamaica Observer"}
WATCH: KSAMC hosts annual Christmas feeding programme
Latest News, News
WATCH: KSAMC hosts annual Christmas feeding programme
December 26, 2025
KINGSTON, Jamaica — More than 400 homeless people were treated to a Christmas dinner Thursday on Water Lane in downtown Kingston, as Mayor Andrew Swab...
{"jamaica-observer":"Jamaica Observer"}
Zelensky to meet Trump this weekend in Florida
International News, Latest News
Zelensky to meet Trump this weekend in Florida
December 26, 2025
KYIV, Ukraine — Ukrainian President Volodymyr Zelensky said on Friday that he would meet United States (US)  President Donald Trump this weekend to di...
{"jamaica-observer":"Jamaica Observer"}
Lauderhill mayor extends holiday wishes, reflects on accomplishments in 2025
Latest News, News
Lauderhill mayor extends holiday wishes, reflects on accomplishments in 2025
BY KEVIN JACKSON Observer Writer 
December 26, 2025
Mayor of Lauderhill, Jamaican-born Denise Grant, is extending holiday greetings to Jamaicans at home and in the diaspora. In an interview with Observe...
{"jamaica-observer":"Jamaica Observer"}
UN says Guinea election campaign marked by ‘intimidation’
International News, Latest News
UN says Guinea election campaign marked by ‘intimidation’
December 26, 2025
GENEVA, Switzerland — The United Nations (UN) said the presidential election race in Guinea had been marked by intimidation, and urged authorities to ...
{"jamaica-observer":"Jamaica Observer"}
WATCH: Kiwanis Division 23 East spreads Christmas joy to new mothers at Victoria Jubilee Hospital
Latest News, News
WATCH: Kiwanis Division 23 East spreads Christmas joy to new mothers at Victoria Jubilee Hospital
December 25, 2025
KINGSTON, Jamaica—Some 61 new mothers who gave birth on Thursday, December 25, at Victoria Jubilee Maternity Hospital in downtown Kingston were presen...
{"jamaica-observer":"Jamaica Observer"}
Spice celebrates Jamaican-themed Christmas in the aftermath of Hurricane Melissa
Latest News, News
Spice celebrates Jamaican-themed Christmas in the aftermath of Hurricane Melissa
December 25, 2025
KINGSTON, Jamaica—Dancehall artiste Spice is standing in solidarity with her fellow Jamaicans in the aftermath of Hurricane Melissa, dedicating her Ch...
{"jamaica-observer":"Jamaica Observer"}
King Charles calls for ‘reconciliation’ in Christmas speech
International News, Latest News
King Charles calls for ‘reconciliation’ in Christmas speech
December 25, 2025
LONDON, United Kingdom (AFP)—Britain's King Charles III called for "compassion and reconciliation" at a time of "division" across the world in his Chr...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct