Well it looks like the King of Pop, Michael Jackson, has turned things around and he did it unfortunately from the grave. When Michael Jackson passed away he was in a mound of debt and was in some serious financial trouble, but it looks like things have done a complete 360 degrees. According to TMZ, documents that were recently obtained shows MJ moving in the right direction and that his value is on the rise.
When Michael Jackson passed away his net worth was around $50 million, which was in part due to his massive borrowing that really put a damper on his assets including his Beatles catalog. As of October 2010 the pop stars estate value jump significantly to around $219 million, and that doesn’t even include the money that was paid out for various expenses.
While the current value of his estate continues to rise, there is no figure yet to where it may be now. However, it is estimated that it is much higher than what was reported in October of last year. We do know this, MJ was a star unlike any other in history and we don’t see why his value wouldn’t continue to rise as his legacy grows even stronger after death. Michael Jackson may be gone, but he is in the hearts of many around the world.