CELEBSTRENDING

9 Famous Millionaires That Lost Everything

David S.-June 16, 2015

2. Michael Jackson

You thought Michael Jackson was extremely rich when he passed? Not so much. His problems begin in the mid 90’s when his court trials began. He ended up OVER spending by a whopping $30 million a year. Not just spending, but over spending. When he passed, he was over $500 million in debt and his estate was undervalued with $700 million in taxes.

michael jackson

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