Michael Jackson’s Nearly Billion Dollar Fortune is Discovered

Battle Ensues Over Secret Art Collection

Posted: 07/06/2011 08:24 PM EDT
Filed Under Michael Jackson

Michael Jackson’s Nearly Billion Dollar Fortune is Discovered

Michael Jackson’s alleged financial woes seemed to be over when his secret art collection was discovered recently and valued at $902.52 million, according to Star magazine. The 182-piece art collection has never been seen before.

Jackson’s mysterious fortune is now the center of a legal battle between the singer’s estate and an undisclosed international business man. Jackson’s attorneys are attempting to block a sale of the items for a mere $87.7 million, in order to return them to Prince, 13, Paris, 12, and Blanket, 8, and their guardian, Jackson's mother Katherine.

The secretly kept art is described as a “rare intact major collection” with “an invaluable pedigree for future sales in the international art market.” If it is returned to Jackson’s children, the newly discovered fortune would ensure that Jackson’s children, would be financially stable for life. 

 

(Photo: Ron Wolfson /Landov)

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