Michael Jackson’s net worth was believed to be more than $600 million at the time of his death. Michael Jackson was earning more than $100 million each year from his song royalties. He is regarded as one of the twentieth century’s most prominent cultural figures, dubbed the “King of Pop.”
| Name: | Micheal Jackson (MJ) |
| Net Worth | $500 Million at the time of his death |
| Monthly Income: | $9 Million |
| Date of Birth: | August 19, 1958 |
| Death Date | June 25, 2009, At the age of 64 |
| Height: | 5’9″ (1.75m) |
| Weight: | 136 pounds (62 kg) |
| Profession: | Singer, Songwriter, Producer |
| Nationality: | American |
| Birth Place | Gary, Indiana |
| Birth Name | Michael Joseph Jackson |
| Father | Joseph Jackson, Crane Operator, The Jackson 5 Manager |
| Mother | Katherine (Scruse) Jackson |
| Marriages of Michael Jackson | Debbie Rowe (Nov. 15 1996 – Oct 8 1999), Lisa-Marie Presley (May 18,1994 – Jan 18 1996) |
| Children | Prince Michael II With Debbie Rowe, Paris and Prince Michael Joseph Jr. |
| Michael Jackson Wiki | MichaelJackson |
| Last Update | Decemeber 2022 |
Michael Jackson is one of the best-selling musicians of all time, with over 400 million records sold worldwide. In 2016, his estate earned $825 million, the biggest yearly amount ever recorded for a celebrity.
How much is the Michael Jackson Net Worth and Assets?
Michael Jackson, the world’s best-known American singer-songwriter, is worth $500 million. According to several internet resources (Wikipedia, Forbes, IMDB), the most famous American singer, songwriter, and dancer has a net worth of approximately $500 million.
| Net Worth | $500 Million |
| Assets | $340 Million |
| Music Royalties | $100 Million |
| Investments | $270 Million |
Michael Jackson’s House (Neverland Ranch)
Michael Jackson paid $20 million for the estate. The ranch hosted several events, including Elizabeth Taylor and Larry Fortensky’s wedding in 1991 and Jackson’s live Oprah Winfrey interview in 1993. Micheal Jackson later sold this house to Tom Barrack due to financial difficulties.
There is also a Ferris wheel, a Carousel, a Zipper, an Octopus, a Pirate Ship, a Wave Swinger, a Super Slide, a roller coaster, bumper cars, and an amusement arcade on the grounds. For further security, the master closet included a hidden safe room.
As part of the United Nations’ 50th anniversary celebrations, Jackson and his then-wife Lisa Marie Presley-Jackson invited children from around the world for a three-day World Children’s Congress, a series of lectures and workshops on issues affecting children around the world.
Police officers investigated Neverland Ranch extensively in conjunction with the People v. Jackson trial after he was charged with multiple counts of assaulting a minor in 2003. Jackson was found not guilty on all counts.
How much was the Michael Jackson’s Annual Income?
Michael Jackson, widely regarded as one of the greatest musicians of all time, was earning millions of dollars in royalties from his work. Michael Jackson earned $112 million in the 12 months leading up to his death. Since his death, his estate has collected more than $800 million in revenue from his songs, which will be distributed to his heirs, Paris Jackson, and others.
Exclusive Facts about Michael Jackson
| Zodiac Sign | Virgo |
| Favorite Food | Fried Chicken |
| Favorite Colour | Green |
| Favorite Sport | Football |
| Favorite Music Artist | Bob Dylan |
| Favorite Holiday Destination | South Korea |
Highlights of Michael Jackson’s Music Earnings
- Jackson’s revenues from album sales, endorsements, and concerts were reported to be $125 million in 1989.
- For 2002, 2003, and 2007, estimates of Jackson’s net worth range from negative $285 million to positive $350 million.
- Another $400 million may have been gained by Jackson from performances, music publishing (including his half of the Beatles repertoire), endorsements, merchandising, and music videos.
- According to Forbes, Jackson’s total career pretax earnings in life and death were $4.2 billion in August 2018.
Michael Jackson’s Honors
Michael Jackson was invited and honored three times by President Barack Obama at the White House. Ronald Reagan honored him with a “Presidential Public Safety Commendation” award in 1984 for his humanitarian efforts.
He has 39 Guinness World Records, including the title of Most Successful Entertainer of All Time, as well as Grammy Awards, including the Grammy Legend Award and the Grammy Lifetime Achievement Award.
Jackson was honored into the Hollywood Walk of Fame as a member of the Jacksons in 1980 and as a solo artist in 1984. In 1997 and 1999, he was elected into the Rock & Roll Hall of Fame and the Vocal Group Hall of Fame as a member of The Jackson 5.
Who influenced Michael Jackson?
Musicians such as James Brown, Little Richard, Jackie Wilson, Diana Ross, Fred Astaire, Sammy Davis Jr., and Gene Kelly influenced Jackson. Diana Ross affected Jackson’s vocal approach; his usage of the oooh interjection from a young age was something Ross had employed on several of her Supremes songs.
David Winters, who met Jackson while choreographing the 1971 Diana Ross TV special Diana!, said Jackson watched West Side Story practically every week and considered it his favorite film.
Michael Jackson’s Sales after his Death
Jackson’s albums sold more than 16.1 million in the United States and 35 million globally in the year following his death, more than any other artist in 2009. Following the rise in sales, Sony Music negotiated a $250 million deal with the Jackson estate in March 2010 (equivalent to $310,659,240 in 2021) to extend its distribution rights to Jackson’s back catalog until at least 2017.
In 2014, Jackson became the first musician to have a Billboard Hot 100 top ten single in five distinct decades. The next year, Thriller became the first album to be certified by the RIAA for 30 million units.
Who Inherited Michael Jackson’s Estate?
Michael Jackson’s executors have made an ambitious financial comeback in the years since his death. One of their main goals was to get the estate back on track so they wouldn’t have to sell his beloved music collection.
Michael’s will clearly stated that 40% of his assets will be divided equally among his three children. Another 20% was donated to other children’s charities, with the remaining 40% going to his mother Katherine. When Katherine dies, the 40% balance goes to Michael’s children, which means his three children will eventually split 80% of the inheritance.
Jackson Estate Net Worth Post Death
Ironically, Michael’s death was arguably the finest thing that ever happened to his fortunes. Since his death on June 25, 2009, he has continuously been the world’s highest-earning dead celebrity. Michael’s executors began working to shore up the pop star’s finances almost immediately after his death. They promptly sold Michael’s future music rights to Sony for $250 million, the highest record deal in history at the time.
His lawyers also went through thousands of hours of personal home video from the last year of his life to create the film “This Is It,” which was released in theaters worldwide. To date, the picture has grossed more than $500 million. Following the popularity of the film and the record contract, several more endorsers approached him. Pepsi agreed to license Michael’s picture.
Cirque du Solei created two performances in Las Vegas based on his music and image. On both shows, Jackson’s estate is a 50/50 partner with Cirque du Solei. Furthermore, Michael Jackson left tens of thousands of personal artifacts and mementos in three massive warehouses in Southern California. The artifacts will be stored until all three of his children reach the age of 18, at which point they will be able to chose what they want to keep and what will be auctioned off.
To this day, his 50% ownership in the Sony/ATV music catalog provides eight-figure dividends for his estate.
Michael Jackson’s estate has received approximately $700 million since his death in 2009. More than any other artist alive at the time. His executors swiftly repaid Sony’s loan and ensured the future of his billion-dollar music catalog. Earnings targets:
- 2018: $400 million
- 2017: $75 million
- 2016: $825 million
- 2015: $115 million
Neverland Ranch
As you may know, Michael Jackson spent much of his adult life at Neverland Ranch, his huge ranch. Neverland has been on the market since 2015 in Los Olivos, California, in Santa Babara County. Despite being restored, rebranded, and decreased in price, it has yet to find a buyer (in price). Here’s a brief history of Neverland, as well as a rare drone video tour provided by the real estate agent…
Michael Jackson paid $19.5 million for Neverland Ranch in 1987. In today’s inflation-adjusted currency, that equates to about $44 million. Jackson proceeded to develop a magnificent fantasy realm equipped with an amusement park, exotic animals, and a functional train after acquiring the 2700 acre property.
He spent millions of dollars on improvements and additions. The property was designed in the style of Peter Pan, an homage to Michael’s sentiments about his own stunted growth as a result of his early celebrity and lost youth.
He hosted elaborate parties at his home for friends, family, and even strangers. Kim Kardashian celebrated her 14th birthday at the ranch because to her father’s business contacts with Michael. In 1991, Elizabeth Taylor married there.
You may also read the bio of Kim Kardashian
The property’s main residence is a 12,600 square foot French-Normandy style mansion. The mansion has 5 bedrooms, 8 bathrooms, a dance studio, a 50-person movie theater, and many other amenities. A four-acre lake, tennis courts, a basketball court, barns, and various guest/staff houses are available. The site has a total of 22 structures.
Michael’s career and liquid financial condition were severely harmed after he was charged with child abuse in 1993 and again in 2003. He no longer had the requisite revenue to pay the mortgage and the expected $1 million in year maintenance requirements. At one time, he went into default on a $25 million loan related to the property.
Michael was facing foreclosure in 2008. His bank sold the $25 million debt to Colony Capital, a private equity firm, for $23 million.
Colony invested millions of dollars on repairs after Jackson died in 2009, planning to sell the property as soon as feasible. The name was changed from Neverland Ranch to Sycamore Valley Ranch. It was listed for $100 million.
Perhaps it was negative vibrations from the previous owner, or perhaps the price was too high, but potential buyers showed little interest in the house. Colony reduced the price to $67 million in 2018.
Michael Jackson’s Hit Songs List
- I Want You Back
- 2.ABC
- 3.The Love You Save
- 4.Got To Be There
- 5.Rockin’ Robin
- 6.Ben
- 7.Enjoy Yourself
- 8.Blame It On The Boogie
- 9.Shake Your Body (Down To The Ground)
- 10.Don’t Stop ‘Til You Get Enough
- 11.Rock With You
- 12.Off The Wall
- 13.She’s Out Of My Life
- 14.The Girl Is Mine (with Paul McCartney)
- 15.Billie Jean
- 16.Beat It
- 17.Wanna Be Startin’ Somethin’
- 18.Human Nature
- 19.P.Y.T. (Pretty Young Thing)
FAQs of Michael Jackson (MJ)
What was Michael Jackson highest net worth?
Who is the richest Jackson family member?
Who is the wife of Michael Jackson? Michael Jackson Wife
Deborah Jeanne Rowe (born December 6, 1958) is an American dermatology assistant best known for her marriage to pop musician Michael Jackson, with whom she had two children. She lives in Palmdale, California.
Who are the Michael Jackson’s Biological Kids?
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- Paris Jackson
- Prince Jackson
- Bigi Jackson (Prince Michael Jackson II)
How and When did Michael Jackson Died?
On June 25, 2009, American singer Michael Jackson died of acute propofol and benzodiazepine intoxication at his home on North Carolwood Drive in the Holmby Hills neighborhood of Los Angeles, California.
