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Friday, 20 June 2014

5 Things to know about Michael Jackson's estate

FILE - In this June 29, 2013 file photo, Prince Jackson, left, and Katherine Jackson arrive at the world premiere of "Michael Jackson ONE" at THEhotel at Mandalay Bay Resort and Casino in Las Vegas. Jackson’s 2002 will calls for his estate to support his mother, Katherine, and his three children, while leaving nothing for his siblings and his father. Through the end of 2012, Jackson’s estate paid nearly $20 million to support his mother and children. (Photo by David Becker/Invision/AP, File) Michael Jackson's death on June 25, 2009, stunned the world, and sparked nostalgia for the singer's music that has transformed his image and catapulted his estate to the top of earnings charts. The success of the estate was not a foregone conclusion. By the time of his death at age 50, Jackson was deep in debt and his image was tarnished by child molestation allegations, despite his acquittal.








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