Is it true that Michael Jackson died with around $100,000,000 of debt?

NERD OF THE NIGHT asked:


If this is true then I want to know:

1. How did he accumulate this debt?
2. Who allowed him that much credit without recompense?
3. Who will pay the debt now that he is dead?
4. Is this practice common with other celebrities?

If this is NOT true, could I get an explanation on how and where this rumor originated?

Thank you!

Tad

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5 Responses

  1. Megan Says:

    I heard on tv he was in debt of about 500 million dollars

  2. marie Says:

    he had $500 million in unpaid debts, heres all about it:

  3. makzy7 Says:

    The rights to the rights to the rights to shop he put up his half of the beatles songs as collateral im not sure no.

  4. You must be trippin Says:

    Folks always want to count other peoples money. MJ was a very wealthy man and now, his family is.

  5. no idea????? Says:

    all billionaires owe what to us is extreme money. it is 400 to 500 million. his estate is over one billion. will explode. no debt