Michael Jackson’s Billion Dollar Stake In Sony Music

Michael Jackson’s Estate has just filed a partial inventory of the tangible property Michael Jackson left behind when he died. Here’s how it breaks down:

– Encino mansion … $4,150,000
– Encino condo … $315,000
– Desert Auto, LLC (in CA) … $676,317
– 1998 Rolls-Royce … $100,000
– 1990 Rolls-Royce … $55,000
– 1988 Rolls-Royce … $40,000
– Several bank accounts … $444,260

Total: $5,780,577

The inventory also reveals Michael Jackson’s Sony Music Catalog — which has been valued as high as $1 billion dollars.

Source: TMZ


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