Wednesday 15 July 2009

State of Michael Jackson’s Finances

In an interesting article, available at Vanguard’s site, Jackson’s personal investment commentator James Stewart writes about the state of recently deceased pop celebrity. Although he earned hundreds of millions throughout his career and made good business decisions, earning assets now worth billions, his financial position at the time of his death was $500 millions in debt. This situation even made him rehearse going back to work in order to repay some of that debt. Interesting read.

Celebrity finance – lessons for all of us

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