Where Did MJ's Money Go? His Crazy Day-to-Day Expenses Revealed - Celebrity Gossip | Entertainment News | Arts And Entertainment - FOXNews.com Last week we revealed his automobile fixation (he had 75 cars registered under his name) and according to financial statements at the time of his divorce to Debbie Rowe in 1999, his cost of living at the time averaged a whooping $2,339,300 per month. Documents filed in the Los Angeles Superior Court in September of 1999 show that Jackson spent $95, 700 on the gardening alone to maintain the sprawling Neverland Ranch. Security costs totaled another $51,900. Upkeep on his famous zoo/amusement park was another $66,200 and housekeeping/PR expenses stood at around $60,200 bringing the grand total monthly household expense to an astonishing $358,600. Colony Capital, the company that bought Neverland in 2008, is now responsible for the ranch's maintenance. When it came to personal expenses, the court documents show Jackson reportedly forked out $178,100 on legal services, $120,000 on personal/property insurance, $25,600 on medical needs, $42,600 on gifts -- but only $100 a month on entertainment. Overall, his personal expenses were estimated at $1, 420,600 monthly. In addition, MJ spent $85,500 on transportation and a further $475,200 on MJJ Productions and Optimum Productions. Overall, it would cost $2,339,300 to live the life of Michael Jackson for just one month. And that would likely put anyone in debt.
Kai, very interesting... It doesn't surprise me though. $2,339,300 in one month?? No wonder the guy was in debt up to his eyeballs. Clearly lacking in some grounded perspective. The numbers for each amenity is asinine! I'm done harping on this guy, he's ruining my morning coffee buzz
i don't get it, i mean his financial advisors couldn't tell him that before he blew it off month after month? This brings a whole new meaning to the line" the rich get richer".
Rumor has it that he was paid in advance for the 50 gigs he had lined up at the O2 London ... pays his debts ... pops his clogs ... Hmmmm ???
Forgotten was the massive payments he made to the parents of those boys he molested. He made large settelments to them so that they would keep their mouths shut. That alone could help someone get into debt quickly I suppose? Also, I heard on the news that he paid about $100,000 a month rent on the last residence he was at. I can't "see" spending that kind of dough-if I were alegedly broke.
Carl, you forgot to include the word "allegedly" in your molestation sentence. Since he was not convicted, I believe (even with an out of court settlement), those remain "alleged". Of course if I had a life-sized mannequin of a little boy dressed in a cub scout uniform in my bedroom, some might assume I had it there for "other than" pure reasons. Heck, if they found a life-sized blowup female doll in my bedroom they might jump to the conclusion I was having s*x with it, and if they found one they would probably be right! Did you catch the last loan he got for those multiple millions based on using the song library of the Beatles and others as collateral? Wonder how those guys feel now that everything is going to be tied up in probate until Daddy Joe is an old man or dead of natural causes? I don't even care, he was an obnoxious punk, and I never even cared for his music after he broke away from the rest of his brothers, and would change stations if any of his stuff came on the radio.
