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Michael Jackson is Broke

Purple People Eater: 02/04/2008
Michael Jackson's properties are in foreclosure!  It appears that while He of the Single Glove was globe-trotting to Bahrain and petting tigers in Vegas, he fell behind on payments on multiple properties and, according to sources, now owes near $24 million -- and we have the documents to prove it!  

What's up on the auction block?  - The Neverland Ranch Compound in Santa Barbara County  - The Jackson family mansion in Encino, CA  - The Henderson, NV home Michael owns outside of Vegas   AND  - The Encino condo intended as a residence for "his" baby mama Debbie Rowe.

Furthermore, MJJ Productions has been suspended since September 7, 2007.

The spend-crazy King of Pop has a Thriller 25th Anniversary album coming out on February 12th.  Will it be enough for Jackson to gain some financial leeway?  If not, we have a two word suggestion:     --  Captain EO  --      Bring it back, Disneyland!  Bring it back!  No?  Just me?  Okay...

Grab a can of Pepsi and gloss up your Jheri curl--   I smell a J5 reunion tour!

We want to know what you think.  What should Michael do?  Leave a comment with your thoughts!

Categories:

  • Editor's Pick

Tags:

  • Broke,
  • Encino,
  • Financial,
  • Foreclosure,
  • King of Pop,
  • Legal,
  • Mansion,
  • Michael Jackson,
  • Neverland Ranch,
  • Thriller
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11 Comments

Sekpe says:

He will always be remembered.
Love you MIKE!

June 29, 2009 10:08 AM
Anonymous says:

Michael Jackson is a good, kind hearted person. He's not broke. Stop hating on him. He always thought of doing good to others and donated alot of money to poor starving children. I don't see any other actors or singer do what he did. Others actors and singers get together and make a commercial asking for the low income people to donate, like if they don't have millions of dollars and that goes to producers and rich famouse designers. Stop hating on him and saying all this lies about him.Michael Jackson is not a child molestor. Come on if your child was molested no money will buy back his childhood and I personaly will not settle for any kind of money I would want for that fucker to get the death penalty. And the parents that did settle in court are the one that need therapy. Michael is innocent and if he is going through a hard time his friends and family members should help him. Just like he had helped alot of people. God will help him.

June 14, 2009 5:16 PM
Micheal Fan says:

It is some pretty lame people on here let me ask you this to all who actually think he is a pervert. If someone molested your child would you settle it out of court? If you answered yes to this then you need therapy. If someone touches my child forget the money I want him in Jail so that he wouldn't touch anyone else. Do you people actually think. It is so upsetting that people let the media dictate how they feel about someone. Micheal is Innocent and he is a musical genius. God is looking out for him and he will be okay.

March 10, 2009 6:57 AM
Billy says:

Would you drop your kids off to spend the day with him? If so, you must be looking for an "out of court settlement" at your childrens expense!!!! He's black, but does not want to be. He is broke, and does not want to be. He has squandered millions! He lost touch with reality, a long time ago! Seriously a warped human being!!!!!

March 6, 2009 4:00 PM
Billy says:

Would you drop your kids off to spend the day with him? If so, you must be looking for an "out of court settlement" at your childrens expense!!!! He's black, but does not want to be. He is broke, and does not want to be. He has squandered millions! He lost touch with reality, a long time ago! Seriously a warped human being!!!!!

March 6, 2009 3:59 PM
John In Huntsville says:

If he's broke; no problem. I'll spring for a bottle of bleach for his next skin therapy treatment.

March 3, 2009 10:21 PM
jericurl says:

You support him no matter what? Wake up and smell the poopy diapers, bonehead. The dude's a spoiled freak who is how broke because of his perverse lifestyle. Not only that, but all his crappy music sounds the same.

February 18, 2009 12:26 AM
Kimberley says:

Michael jackson is a wonderful man and a kind hearted dad. he loves his children and care alot about them.
Plus, he has been cleared from all this all bullshit , chil molestation and all the other freakin accusations.
he is a good person, and has done lots of things to many poor children and families.
i truely love this man , he is a legend , a great ententainer , and a fantastic man!
i wasn't a fan of him, but after some personal researches done by me , i knew he was innocent and kind , and his songs are amazing, so i just got to love him.
no matter what any source states , we'll stay supporting him, people , don't judge him like that , you don't even know him! you haven't even met him!
don't play unfair people!
may God bless him , and help him!

January 27, 2009 5:22 PM
Anonymous says:

I THINK HE SHOULD STAY AWAY FROM LITTLE BOYS AND PLASTIC SURGONS , THEY SEEM TO BE RUINING HIS CARRER . HE/SHE OR WHAT EVER IT IS SHOULD ALSO STAY AWAY FROM BLEECH.

August 15, 2008 10:34 AM
Jazzman says:

He have money? No wonder you spelled Destiny with an "E". The pervert is broke and will get what he deserves.

March 23, 2008 5:03 PM
Destiney Cross says:

michael jackson is not broke so stop saidin that i love michael jackson a lot so stop he have money love u

February 13, 2008 10:32 AM

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