At one time, Michael Jackson said that it would spend billions of dollars to build a theme park, and at another time, it often spent hundreds of thousands of dollars on brand-name clothes. According to statistics, Michael Jackson spends an average of1500,000 USD per month. Although the previous records sold well and the income was astronomical, the capital would be exhausted one day.
The New York Journal recently exposed Michael's "old story", revealing that he is actually only a superficial scenery. In fact, he has long been extremely poor, and several high-paid ministers around Michael have not paid their salaries for six months, because Michael's current assets are running low. It is reported that Michael spent a lot of money over the years. Three years ago, he borrowed $200 million from Sony Records as a guarantor. If the sales of the new album are not satisfactory and Michael is unable to pay his debts, Sony Records will be responsible for this huge debt. The article also points out that Tommy Motora, the owner of Sony Records, has only 50% confidence in Michael's new album. Record companies will cooperate with the launch of Michael's new album with overwhelming publicity for their own benefit.
In addition, two financial advisers went to court and sued Michael Jackson for breach of contract. They said that they were hired by Michael as their financial adviser three years ago, but Michael suddenly fired them in July this year. During these three years, their wages were not paid at all. They are now claiming back a total of $25 million in wages and losses, but Michael's spokesman denied this.
However, the high debt does not seem to affect Michael's mood at all. All the people who attended Michael Jackson's celebration concert were big names in the circle, including Elizabeth Taylor and Marlon Brando, as well as P. Diddy, Whitney Houston, Super Boy and Destiny's Child in the music circle. Michael, who reappeared on the stage, is still brave, and a trick of "walking on the moon" is still full of state. Finally, the mysterious guest finally appeared. Britney Spears in suspenders and her idol Michael sang "The way you make me feel".