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Michael Jackson's Net Worth Revealed

6/30/2009 9:10 AM PDT BY TMZ STAFF

Michael Jackson's net worthDespite massive debt, Michael Jackson still claimed to have a net worth of $200 million, this according to papers obtained by the AP.

As of March 31, 2007, the papers show Michael had $567.6 million in assets -- which includes Neverland Ranch and his share of the Sony/ATV Music Publishing catalog (which includes the rights to songs by the Beatles) -- but his net worth was listed as $236 million.

The docs show Neverland was valued at $33 million and the publishing catalog was worth a whopping $390 million.

34 COMMENTS

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16.

cyringe    

most of you hating on michael, your bank account would never see a $100k in your life time. so, why does he not pay his bills you ask? as far as we know he is living in a mansion and has never been homeless or moves into his parents home like you.lol. he still drives with a three car convoy, that is not borrowed from you. he still fries a private jet not a kite or your economy. eemm!!!! whatelse, ..........the media has never reported anything postive about him. so lets not judge his assets. u that is laid off you better quit calculating his wealth and go look for jib at your local borrito joint. STUPID FOOLS!!!!

1919 days ago
17.

I Will Take Being Born White Any Day - Thats Worth Much More To Me, #6    

#12: Cause he wasn't into paying his bills.

#14: Because he was sorry as dirt.

Wow - is this gonna drag on for years or what? And to think of the DECENT barely-scraping-by folks I've known in my life that wouldn't dare leave their kids/family members this kind of mess to deal with at their passing.

That guy was a clown's clown with the maturity of a three-year-old.

1919 days ago
18.

kjaxx    

For the love of lettuce.....PLEASE write about something OTHER than MJ!!!!

1919 days ago
19.

Wanda    

There is a huge difference between assests and liquid assests. Liquid assests are cash, stocks, bonds, etc that are easily converted to cash (to pay your bills with). Assests such as his home and his holdings in Sony etc are not easily converted to cash unless you sell them...which also takes time. He was in debt yes because he had no liquid assests, but he was far from broke. Last Friday CNN estimated that his holdings in Sony (which controls the Beatles songs) is now valued at over $1 billion, but just because its valued at that you still have to find the right buyer that will pay that much for it. Kinda like selling your house...you dont always get market value unless you are willing to wait for the right buyer.

1919 days ago
20.

Queen    

Mother Katherine should definitely hold on to the Beatles music to keep the children's trust intact. Michael doesn't owe Paul ish.

1919 days ago
21.

Advil    

Wow thats a nice chunk a change there......hopefully and debt will balance out and become a safety net for the children in the future :)

1919 days ago
22.

Sharona    

4. SCREW HIM..... what about Farrah, she did something great with bring awareness to cancer research and what has mike done, other then music? He wanted to be like Elvis, and now he is, dead from drugs, making more money dead then alive and within the next 5 years there will be thousands of "MICHAEL" sightings. R. I. P. FARRAH .... we LOVE YOU MORE !!!!

Posted at 1:29PM on Jun 30th 2009 by janey

___________________________________________________________________________

I LOVE FARRAH FAWCETT AS WELL AND I WAS SAD THAT SHE DIED. BUT, I AM SICK OF PEOPLE COMPARING THE COVERAGE TO THE DEAD OF MJ. HE IS A LEGEND..OK....HIS CAREER SPANNED 4 DECADES AND SEVERAL GENERATIONS..HE BROKE RACIAL BARRIERS AND IS THE BIGGEST SELLING MUSCIAN OF ALL TIME...HE HAS THE BIGGEST SELLING ALBUM OF ALL TIME..HE WAS IN THE WORLD RECORDS BOOK FOR BEING THE MOST GIVING CELEBRITY..GIVING AWAY 50 MILLION IN HIS LIFETIME!!!!!!
FARRAH FAWCETT........CHARLIE'S ANGELS.....POSTER...KNOWN FOR HER HAIR....KNOWN FOR LEAVING LEE MAJORS FOR RYAN O'NEAL..WHO NEVER MARRIED HER! COME ON!!!!
LIFE AND DEATH IS UNFAIR...HE WAS A BIGGER CELEBRITY THAN FARRAH AND KNOWN AROUND THE WORLD..EVERYONE IN THE WORLD MAY NOT KNOW FARRAH BUT YOU CAN GO TO A MUDHUT IN TIMBUCKTU AND THEY WOULD KNOW MIKE!
RIP MIKE
RIP FARRAH

1919 days ago
23.

snugglebug    

#4 JANEY like ive posted before for all these people leaving angry comments saying "what about Farrah"? this OBVIOUSLY is an article written about Michael Jackson...for people to leave comments about him. If you feel the need to express your sorrows for the tragic loss of a talented beautiful woman by all means do as you please, look to your right on the screen, find her name, CLICK on it and find a place to leave your damn comments. you would be saving your time and the other readers time by doing so.

1919 days ago
24.

Justice    

Oh thank you tom I was just about to do the same thing and post the long yet still incomplete list of MJ supported Charities putting him in the Geinness Book for most charities supported. Its really sad that people ONLY remember his music or ONLY remember the false allegations about child molestation. If this isnt the best example of how people NEVER want to see the good about a person but revel in the bad true or false, I dont know what is.

And not to harp on anyone but its a little less honorable when someone supports awareness of a condition only because they or a loved one has contracted it. Go support Farrah but do not come here are try to tear down Michael its done, yall's time to hurt MJ is OVER!

1919 days ago
25.

Honey    

Unfortuantly he is worth more dead than alive.

1919 days ago
26.

mamad    

This is the first time to this site,
and i noticed that on every article about Mr. Jackson, it states :
"R.I.P. Micheal Jackson, 1958-2009" - with the type of journalistic
reporting TMZ, CNN, etc., are doing (I'm waiting for MJ's tidy bowl
man to be interviewed next), the poor man will never R.I.P.!!!!

1919 days ago
27.

Lucy    

I agree donations speak louder than bringing "awareness" anybody can do that, but not everybody is willing to donate their hard earned cash $....the system of the world...You can see the difference Michael is being exonerated...for all the false accusations he suffered! Praise God!

1918 days ago
28.

britt    

stop hating on mj....the guy died have a lil respect...what has he personally done wrong 2 u?!?!?! NOTHING so shut it haters....

1918 days ago
29.

stwebb    

Hey Janey...that's almost like saying SCREW FARRAH...she got screwed in the ass so much that it led to anal cancer!!! Think about what you say before you say it!!! Don't be a penis head, they were both great entertainers and each had a special talent. Don't be one of the ones who lumps all blacks together as bad people...MJ haters, Obama haters, MLK haters, etc-etc-etc! People are people regardless of color, come on get a life!

1916 days ago
30.

Retta B.    

#4 If you go to a site for Farrah you will find people there remembering her. But this site right here" this page right here IS ALL ABOUT MICHAEL JACKSON. They both deserve respect ed Mc Mann to but this page is about M*J* you heard me

1915 days ago
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