Source: Business Week
Michael Jackson, the onetime child star whose string of hit songs got people boogying from Boise to Bahrain, died suddenly on June 25 after being rushed to UCLA Medical Center in Los Angeles in a coma. The singer faced a near-constant drumbeat of legal troubles in life. He’ll likely cue up plenty of them in death as well.
Jackson, 50, always stayed one beat ahead of a conga line of creditors. At every turn there seemed to be one more wealthy benefactor to bail him out. Most recently that was Thomas Barrack, the founder of the Los Angeles real estate investment firm Colony Capital. Last year, Barrack purchased Jackson’s Neverland Ranch near Santa Barbara, Calif., for $22 million, just before the property was sold at auction to cover back debts.
NOTE: See Michael Jackson– Thriller– Official Music Video and others– on main page of website.
Settling Michael Jackson’s Estate May Be a Thriller
