Michael Jackson Net Worth: Career & Death

An American singer, dancer, songwriter, actor, producer, and philanthropist, Michael Joseph Jackson, had a net worth of $500 million at the time of his demise.

On August 29, 1958, Michael Jackson was born in Gary, Indiana, U.S., to Joe Jackson and Katherine Jackson.

Michale Jackson was globally known as the King of Pop.

Michael Jackson

To explain, Micahel Joseph Jackson was one of the best-selling artists. As a result, he had over 350 million record sales worldwide.

In detail, Michael Jackson had 13 Billboard Hot 100 number-one singles.

To enumerate, Jackson’s genres in his musical career were Pop, Soul, Funk, Rhythm and Blues, Rock, Disco, Post-Disco, Dance-Pop, and New Jack Swing.

On the other hand, Michael Jackson was honored with many awards like Grammy, Brit, Gloden Global, Rock and Roll Hall of Fame, etc.

Quick Facts

Micahel Jackson’s Net Worth & Income

An American Singer, Actor, Dancer, and Entrepreneur, Michael Jackson had a net worth of $500 million at his death.

However, the $500 million was negative at his death.

Meanwhile, from 1985-95, MJ earned around $50-$100 million per year through his fantastic music tours, record sales, merchandise, and endorsements.

On the other hand, while he was alive, MJ made $500 million by music videos, concerts, and endorsements, but he was in debt of $500 million at the time of his death.

After this, according to MJ’s Executors, after MJ died, they had an aggressive comeback in money.

To explain, Micahel Jackson’s Executors sold his future music to Sony. It was a deal of $250 million and is said to be the largest deal in history.

Additionally, his film also made sales of over $500 million around the world.

In detail, after MJ’s death, his executors collected more than $700 million and paid his loans.

Here’s the earning of MJ’s Executors milestone:

Net Worth of Michael Jackson in Different Currencies

Let’s look into Michael Jackson’s net worth in different currencies, including the cryptocurrency BitCoin. 

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Michael Jackson: Houses, Cars

Houses

To begin, Michael Jackson is known for living a luxurious life and spending a hefty amount of money.

Here is the list of MJ’s House:

• Queens Road House, West Hollywood
• Bowmont Drive House, Beverly Hills
• Hayvenhurst House, Encino
• The Lindbrook Complex, Encino
• Neverland Ranch, Santa Barbara
• Bahrein
• Collator House, Grouse Lodge, Dublin
• Monte Cristo House, Las Vegas
• Palomino Lame House, Las Vegas
• North Carolwood Drive, Holmby Hills

In the beginning, Michael Jackson lived in the modest Jackson family House located at 2300 Jackson Street, Gary, Indiana.

To explain, this property is a small residence that still belongs to MJ’s Family.

Similarly, Michael Jackson’s first House was Queens Road House, West Hollywood.

In detail, the House is 2962 sq. ft., including four bedrooms and four bathrooms with a fantastic view.

Likewise, Michael Jackson bought another property for his family in Beverly Hills. Bowmont Drive House is a 20,000 sq. ft. multi-family home with seven bedrooms and 13 bathrooms.

In 1998, Michale Jackson again bought a new House known as Hayvenhurst House, located in Encino.

This House has been the official House of the Jackson family. Also, Michael Jackson created his famous Moon Walk in this House.

In like fashion, Michael owned The Lindbrook Complex, also located at Encino.

Michael Jackson’s Neverland Ranch

After that, Michael Jackson bought Neverland Valley Ranch in Santa Barbara.

Specifically, this property is worth $17 million, including a 12,598 sq. ft. primary residence, two guest houses, a lake, a 50-seat movie theater, and a Disney-themed train station.

MJ rented North Carolwood Drive, Holmby Hills, for $100,000. Above all, MJ took his last breath in Carolwood Drive.

Cars

When it came to cars, Michael Jackson had classic taste in them. MJ owned an extraordinary car collection.

Here is the list of MJ’s car collection:

• 1990 Rolls-Royce Silver Spur II Limousine
• 1954 Cadillac Fleetwood
• 1997 Neoplan Touring Bus
• 1988 GMC Jimmy High Sierra Classic
• 1998 Lincoln Town Car Limousine
• 1993 Ford Ecoline E150 Van
• 2001 Harley-Davidson Touring Bike
• 1909 Datamble Model B Roadster Replica
• 1985 Mercedez-Benz 500 SEL
• 1999 Rolls-Royce Silver Seraph
• 1986 GMC High Sierra 3500 Fire Truck
• Dodge Viper Mini-Car
• Montana Carriage Company Electrified Horse-Drawn Carriage
• Peter Pan Golf Cart

To explain, the 1990 Rolls-Royce Silver Spur II Limousine is currently worth $50,000. It is a combination of white leather and black fabric.

In detail, Limousine is huge and has a 6.75-liter V8 engine with 4-speed transmission.

Similarly, Michael Jackson owned a 1954 Cadillac Fleetwood vintage car. It is worth $35,000, including a 331 CID V8 engine with 230 horsepower.

Likewise, Michael Jackson owned the 1997 Neoplan Touring Bus; this makes sense because he toured so much in his days.

In like fashion, MJ owned a 2001 Harley-Davidson Touring Bike, which was modified with police trim. It was illegal, but Mj’s was a particular case.

This fantastic bike came with a V2 engine, a 5-speed transmission, and 67 horsepower.

Michael Jackson’s 1990 Model B Roadster Replica

In the same way, Michael Jackson owned the 1909 Model B Roadster Replica, one of his most extraordinary car collections.

Likewise, MJ owned a 1986 GMC High Sierra 3500 Fire Truck.

Similarly, MJ owned a Montana Carriage Company Electrified Horse-Drawn Carriage, one of his great cars.

Michael Jackson: Lifestyle & Vacation

Lifestyle

Michael Jackson was born on August 29, 1958, in Gray, Indiana, near Chicago.

To enumerate, Micahel Jackson was the 8th of 10 children in the Jackson family.

MJ’s family was a working-class family. They lived in a two-bedroom House.

In detail, MJ’s Father was an ex-boxer and a crane operator, and MJ’s mother was a performer; she used to play clarinet and piano.

In the beginning, MJ used to play for the Jackson Brothers Band, which MJ’s Father initially formed.

MJ’s physician once told that Michael was forced to have hormone treatment to stop his changing voice as a child.

On the other hand, in 1964, MJ started to sing as a lead vocal for the band with his eldest sister Jermaine; later, they changed the group name to Jackson 5.

Jackson 5 won a talent show in 1965 where MJ sang and performed.

Vacation

In 1991, the King of Pop invited himself to a family vacation with the Goldstein family in Orlando, Florida.

To explain, MJ was on vacation to Bermuda with Goldstein’s family.

They were at the five-star hotel, which included shopping, a boat ride, a water gunfight, etc.

Charity

Micahel Jackson was also a huge Philanthropist. Since the ’90s, MJ has supported different charities in literacy through his Heal the World Foundation.

To enumerate, Michael Jackson has donated over $500 million to charities.

In detail, Michael Jackson also was involved in fund-raiser concerts for underprivileged children, hospitals, etc.

Similarly, in 1992, MJ established a charitable organization named the Heal the World Foundation, through which he started contributing to society.

Michael Jackson Heal The World Foundation’s Logo

Likewise, in February 2001, MJ established Heal the Kids, a part of Heal the World Foundation, to boost children’s welfare.

MJ’s support to alcohol and drug abuse charities was recognized by President Ronald Reagan and honored him by Presidential Humanitarian Award.

On the other hand, Michael Jackson was the only celebrity that supported more than 30 charities.

Let’s have a look at some of the charities that MJ supported:

• AIDS Project Los Angeles
• American Cancer Society
• Atlanta Children’s Foundation
• The Atlanta Project
• Bambino Gesù Hospital in Rome
• Big Brothers Big Sisters of America
• BMI Foundation
• Boys & Girls Clubs of America
• Chicago Public Library
• Childhelp USA
• Children’s Defense Fund

Michael Jackson: Movies, Endorsements & Book Publications

Movies

American Singer, Songwriter, and dancer were also known for his movies. Above all, Michael Jackson has made nine theatrical released film appearances.  

To begin, Michael Jackson was first seen in the movie titled The Wiz, directed in 1978. MJ played the character of Scarecrow.

Similarly, in 1983, MJ played his self-character in the Making of Michael Jackson’s Thriller documentary film.

Likewise, Michael Jackson played the character of Captain Eo in the 1986’s movie Captain Eo.

In 1988, Jackson was seen in Mookwalker playing his self-character, directed by Jerry Kramer.

After that, MJ appeared in the film Michael Jackson’s Ghosts.

Additionally, in 2002, Michael Jackson made a cameo appearance as Agent M in Men in Black II.

Endorsements

To begin with, Michael Jackson had signed an endorsement deal with PepsiCo for $5 million, which was the largest deal between a corporation and a music entertainer.

Similarly, MJ signed a contract with sony, which is worth $30 million.

Likewise, MJ had a deal with L.A. Gear, an athletic footwear brand.

To enumerate, MJ also had another big endorsement deal with international TV spots like Suzuki and Iconic.

At last, Michael Jackson had an endorsement deal with Kingdom Entertainment which was developed for many entertainment projects like books, hotels, recordings, theme parks, etc.

Book Publication

Michael Jackson also authored numerous books and published more than 20 books.

To explain, Michael Jackson has written about his dancing and singing career in his books.

Let’s have a look at Micahel Jackson’s books listed below:

Micahel Jackson’s Carrer

In the beginning, Michael Jackson was a singer and performer in the band Jackson 5, which his Father initially created.

The Jackson 5 was doing good and won a TV show while MJ was singing and performing in the band.

After that, Michael Jackson became the lead singer of The Jackson 5.

Then, MJ went on his solo career, leaving Jackson 5, and achieved stardom with worldwide success.

Michael Jackson delivered many hits albums for his fans. Some of them are Off the Wall, Thriller, and Bad.

To sum up, Michael Jackson was found dead on his North Carolwood Drive, Holmby Hills House, due to an overdose of drugs.

Michael Jackson died just before his comeback tour, “This is it,” at 50.

Three Facts about Micahel Jackson

• Micahel Jackson was a best-selling artist even after their death.
• He bought the rights to the Beatles catalog for $47 million.
• Micahel Jackson was severely hurt when his hair was Caught by Fire during a Pepsi Commercial.

FAQs

How did Michael Jackson die?

Michael Jackson died of acute Propofol and Benzodiazepine intoxication at his North Carolwood Drive House, Holmby Hills.

At what age did Micahel Jackson die?

Michael Jackson was 50 years of age when he passed away.

Why was Micahel Jackson so famous?

Michael Jackson was very popular because he created his songs, dance moves, and fashion and was recognized by many people all around the globe.

Categories: Net Worth
Source: ASIA EDU