Michael Jackson the world of the living 13 years ago.
On June 25, 2009, the world mourned the loss of one of music's greatest idols.
Michael Jackson was born in Gary, Indiana. At a young age, Jackson joined the family band The Jacksons 5.
His career expanded in the 70s. Reports assured that the King of Pop had an annual net worth of $50 to $100 million between 1985 and 1995.
Tours, record sales, endorsem*nts, and merchandise gave Michael Jackson an almost unlimited amount of money.
However, he spent most of his money on Debbie Rowe, his former wife, and mother of his baby. Jackson took $20 million for his child molestation case settlement, plus the legal fees.
Jackson also bought Neverland Ranch, a $19.5 million with an annual maintenance fee of $10 million a year.
Michael Jackson's Net worth:
Michael Jackson had a $500 million net worth before dying.
However, he went bankrupt after requesting a $380 million loan from Bank of America to finance his lifestyle.
Jackson spent the $380 million, and the 50% interest imposed by the bank turned the dept into $500 million.
Michael Jackson died on June 25, 2009, in the morning. He had a stroke at his Holmby Hills mansion.
The paramedics took Jackson to the Ronald Reagan UCLA Medical Center in Los Angeles.
Michael Jackson was declared dead at 2:26 pm.
The autopsy declared that Michael Jackson died from a Propofol intoxication.
Michael Jackson had three children before his death in 2009.
Michael Joseph Jackson Jr., Paris Jackson, and Prince Michael Jackson II.
Profitable after death:
According to Forbes, Michael Jackson is the deceased artist and celebrity with more revenue in the world.
After he died in 2009, Michael Jackson spent 11 years on top.
Since 2009, Michael Jackson generated more than $2.27 billion.
