Late Micheal Jackson don Earn over $600 million since hin don die

Since hin death in 2009, Micheal Jackson’s estate don earn over $600 million, His latest album wey dey debut at no 2 on the music charts and over 500 performances by a traveling Cirque du Soleil show wey based on his songs don contribute to the income.

However, they don use most of the earnings to settle debts and costs of running his vast estate. According to a break down by AP, between mid-2009 and the end of 2012,they don spend the following.

Nearly $20 million don go to support Jackson’s children and his mother Katherine, for 2012

More than $91 million dey go on taxes and licenses, including $45 million wey then pay to the federal government for taxes.

More than $25 million in compensation wey then pay for the estate’s executors, Jackson’s longtime attorney John Branca and family friend and music executive John McClain.

More than $17 million to lawyers who represent the estate, Katherine and her grandchildren.

Nearly $4 million to properly store and archive the trove of personal belongings and unreleased music that Jackson amassed during his lifetime.
 
The good thing be say hin children Prince, 17; Paris, 16; and Blanket, 12,go receive inheritance when they reach adulthood

1 thought on “Late Micheal Jackson don Earn over $600 million since hin don die

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