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Even In Death Michael Jackson Makes Money As His Estate Rakes In $2billion in Six Years

Posted by Lolade on Fri 26th Jun, 2015 - tori.ng

The late Michael Jackson's Estate has reportedly generated $2 billion since his death in 2009.

The estate of late Legendary musician, Michael Jackson has reportedly made a fortune.

The popular musician died on June 25th 2009 at the age of 50 and at that point, his estate was bankrupt.

However, six years since his passing, a fortune has been made under his name.

According to TMZ, the estate has grossed nearly $2 billion since MJ's death. The money comes from the movies "This is It" ; the Cirque show, "Michael Jackson: The Immortal World Tour"; 50 million albums sold and various other ventures.

After expenses, that $2b gets whittled down to around $800m - which is a very good return. But the $800m gets significantly cut by taxes - we're told to around $450m.

MJ's debts at the time of his death were around $500 million, so just on those 2 numbers the estate approaches being in the black.