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Michael Jackson's Fortune -- That's How He Rolls

9/23/2010 10:00 PM PDT BY TMZ STAFF

The Jackson family compound where Michael's kids now live with Katherine is worth $4.2 million, according to new docs that list some of MJ's treasures ... like his fleet of Rolls-Royces.

0831_michael_jackson_EX_01

The Jackson Estate just filed a partial inventory of the tangible property MJ left behind when he died. Here's how it breaks down:

-- Encino mansion ... $4,150,000
-- Encino condo ... $315,000
-- Desert Auto, LLC (in CA) ... $676,317
-- 1998 Rolls-Royce ... $100,000
-- 1990 Rolls-Royce ... $55,000
-- 1988 Rolls-Royce ... $40,000
-- Several bank accounts ... $444,260

Total: $5,780,577

It's a nice chunk of change, but nothing compared to the real jackpot ... MJ's Sony Music Catalog -- which has been valued as high as $1 billion.



82 COMMENTS

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61.

Janar    

@ Travis Good info. Keep up the good work.

1458 days ago
62.

HumanNature    

TMZ NEED TO START DIGGING INTO WHO IS PAYING DR DEATH LEGAL FEES!!!

1458 days ago
63.

Janar    

@Nicole #58 You bottom lined it right on the money and the best. And at mymjj5 #59, thanks for supporting Nicole because I do also. You ppl have a nice day.

1458 days ago
64.

HumanNature    

TMZ IS BIAS IN THEIR GOSSIP REPORTING ON MJ AND HIS FAMILY!!!

TMZ refuses to investigate who is paying Dr Death legal fees, PR, Security, Child Support (past and present), medical license, mortgage, car note, vacations, personal living expenses of ex-stripper/girlfriend Nicole Alvarez and so forth.

Why is TMZ protecting Dr Death, a married man who is the prime suspect in killing MJ???

Hmmmmmmmm

1458 days ago
65.

HumanNature    

OhWell

You must be TERRIBLY AFRAID OF THE TRUTH CONCERNING DR DEATH!!!!

1458 days ago
66.

Cherwood    

Thieves in the Temple........
-#6: Travis, you are absolutely right! Always trying to take away from my Michael! Once they added Famous Music, that Catalog went even higher than ever.......
-#24: Hey Daphne! Although I do think there are people who want to get their hands on the ATV, I do think it will be safe this year because too much of the world is watching. Also, the Estate should be able to cover the loan with returns from the "Planet Michael" software and the release of Michael's first CD from the new contract with Sony--hopefully, these things will keep the ATV with Michael...
SO as much as some of us may have issues with Sony, we probably have to consider what boycotting them will do to the Estate AND Michael's legacy for record sales.......
-#33: Vana, you're right. Michael still owns a percentage of Neverland--he's a partner with Tom Barrack of Colony Capital, in the Sycamore Valley LLC--AKA Neverland. Tom Barrack does have the controlling share as part of the contract setup between him and Michael when he bought the Fortress Loan and saved Neverland.......
The contents of Neverland were supposedly in storage, although Tohme did get his hands on some of them and they were sold wthout Michael's consent.....
Another thing that hardly EVER hits the radar is the fact that Michael had that partnership with Prince Alwaleed in Kingdom Entertainment, but nothing has been said about it since Michael died., and Alwaleed has been buying up Fox News among other bigj ticket items........
-#43: Hey Nan! Yes, that's one of the biggest bombshells to come out of that Leonard Rowe book--the fact that AEG tried to set up Michael's share tof the ATV as collaterol to ensure he did the concerts......unbelieveable!!
-#52: Hey Mymjj5--WELCOME BACK, GIRL!! Great post, too. You wrote: There's no way on earth that the true net worth and value of a multi-billion dollar estate could be listed or accounted for with only a few sentences by TMZ. It's just plain silly for TMZ or anyone else in the media to think that the public is buying into their story regarding Michael Jackson's fortune. MJ's wealth was so vast, great and coveted that his enemies murdered him for it.
Posted at 10:42 AM on Sep 24, 2010 by mymjj5
-#58: Great post, Nicole!!
-#68: Hey Human Nature--great to hear fron you as always! Keep it going, girl....
Justice League 2009--WE ARE HERE TO CHANGE THE WORLD!!!
-Cher
No Peace till Justice!
MICHAEL--IL.O.V.E.U4EVER and MISS-U-SO-MUCH!!!

1457 days ago
67.

NADAALI    

I miss Michael Jackson more each day,he was and is still loved all over the world,god bless his children.

1457 days ago
68.

111pattycakes    

DUSTIN.....You are a TABLOID JUNKIE MORON... Michael Jackson was NOT GUILTY....a victim of CELEBRITY EXTORTION.... SEE WHAT THE PURSUIT OF MONEY CAN DO? The accusers: Celebrity Poster Boys for CELEBRITY EXTORTION.

1457 days ago
69.

MJJlover4alltime    

Michael has been victimized non-stop by the media in life and in death.
WILL YOU RAISE YOUR VOICE FOR MICHAEL if you have chances?
a huge project 'words can harm' has been launched by Voices Education organization. click http://voiceseducation.org/content/words-and-violence
(with LOVE from http://youtube.com/iloveMJ5809)

1457 days ago
70.

Sas    

I miss u Michael...love u so much...

1457 days ago
71.

anna    

my bad reading my comment I realize I miss a letter it should have been jealous yes for that MJ hater dustin you are just full of hate and jealousy and that wont put you any where because Michael will always be love by us.God bless MJ and his family.LOVE U 4 EVER MJ.

1457 days ago
73.

Stephen    

Love you Mike, the King Forever. (haters choke on jealousy)

1457 days ago
74.

Daphne     

SO as much as some of us may have issues with Sony, we probably have to consider what boycotting them will do to the Estate AND Michael's legacy for record sales.......

Posted at 12:33 AM on Sep 25, 2010 by Cherwood

Oh, I will definitely buy the new CD in Nov. I've never let any of his controversies affect me too much, I mostly discounted all the negative things said about him. I look at him from an entertainer's perspective, I'm a fan & anything that could add onto my collection would be a plus to me. This is how I look at it. I Love You, Michael Jackson. On another note, I already ordered the Jackson 5 Icon new CD from HMV in Calgary here.

1456 days ago
75.

Daphne     

To me it is chocking how CHEAP housing and vehicles are in the USA!!!
The Encino compound is LARGE. In Denmark you would be able to get a decent and quite luxurious house for that amount. But not NEARLY as large and exclusive as the Encino compound!!! Just a decent villa.
Same with cars. Here the price would be four to five times more. I think Imma gonna move over there!!!

Posted at 8:53 AM on Sep 24, 2010 by Siggisiss

Hi, Siggisis. U know that the Encino compound is worth $4 million & his condo is worth $300,000. $4 million is still not considered a cheap house. Anyways, I agree. Europe is very expensive. When we were in London, we noticed that a flat in South Kensington where our hotel is located, asked for 500 pounds a week for rent. This means $1,000 Canandian Dollars a week. Yeah, its expensive allright.

1456 days ago
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