TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

DJ AM's Estate: We Made a Mistake...

10/5/2009 3:39 PM PDT BY TMZ STAFF

DJ AMPaper work is always a bitch -- and now DJ AM's estate is correcting a minor error that accidentally made the guy out to be one hell of a real estate tycoon!

It's all over papers filed in L.A. County Superior Court last month, which stated AM's real estate property generated $3.5 million PER YEAR.

But the estate now claims they goofed a little bit -- and should've stated that the total value of his real estate property was $3.5 mil.

The estate also noted that AM had a serious debt -- $2.9 million.

But on top of his real estate, AM had another $400,000 in "personal property." So after all of the math, the value of AM's estate stands at a cool $1,000,000.

21 COMMENTS

No Avatar
1.

p51d007    

By the time it is all said and done, between what he had and his debt, it will probably zero out. You come into this world with nothing and you leave with nothing.

1754 days ago
2.

LARRY PORTER    

FIRST

1754 days ago
3.

xcrunk    

DJ who? More Jon and Kate please!

1754 days ago
4.

balls    

balls

1754 days ago
5.

whats up Doctors    

Well Ma ,,It looks like you'll end up with a few bucks after the lawyers chew off their portion....Good Luck

1754 days ago
6.

Simone    

More Michael Jackson news, please!!!!!! But, anyway, DJ AM was a human being and it is said he died. So, rest in peace!!!!

1754 days ago
7.

THISISIT again MJ breaks records    

OIC

1754 days ago
8.

billiejeanRIP    

who cares he's no mj!!!!!!!!!!!!!

1754 days ago
9.

mimi    

he still has more than most people will ever see

1754 days ago
10.

moveover    

A million dollars net for basically just playing CDs of OTHER people's music ...... not a bad payday in the end.

1754 days ago
11.

orlandojon    

Not bad for a guy whose only talent was operating a record player

1754 days ago
12.

Nicole    

He was doing better than the Gosselins. Sure Jon G will find a way to dip his hands into AM's account before the week is over...

1754 days ago
13.

Roxy    

I don't get it - how do people worth $3.5 million owe $2.9 million? Why don't these people have to pay their bills or taxes like the rest of us? The rest of us miss one payment and it's a federal case. How does a D.J. make milions of dollars anyway? Our priorities are really out of whack - teachers, police, firefighters, soldiers don't make enough to buy a house and a D.J. can be worth milions and not even pay his bills - and he's so depressed that he has to drown his sorrows in drugs. PI TI FUL

1754 days ago
14.

moveover    

Roxy, to answer your question .... because people who make 3.5 million dollars live like they're making 4.5 million dollars. Not unlike most Americans who make ie: $60,000 and live like they're making $75,000. It's the great American way. Spend what you make ... plus a little bit more!

1754 days ago
15.

Ziggy    

A crackhead is able to amass a million dollar fortune. Kids, forget all about a college education, smoke crack and spin records, it obviously pays.

1754 days ago
| 1 | 2 | Most Recent | Next 15 Comments

Around The Web