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- According to Ackerman, Jackson was paying close to $30 million in interest the year that he died. "He was tapped out," Ackerman said, testifying that no one would lend Jackson any more money.
www.cbsnews.com › losangeles › newsFinancial Expert: Michael Jackson Was 'Tapped Out' - CBS News
Jun 27, 2024 · When Michael Jackson died on June 25, 2009, he was more than $500 million in debt, according to court documents filed last week in Los Angeles.
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Aug 12, 2013 · Michael Jackson was millions in debt when he died, an accountant testified on behalf of the defense in the wrongful-death trial Monday.
Jun 25, 2022 · When he died in 2009, Jackson was somewhere between $400million to $500million in debt, Ackerman told the court. "He was tapped out," the accountant added.
- Lucy Needham
Aug 13, 2013 · For all of his fame and wealth, Michael Jackson was mired in debt and spending millions more than he was earning each year, a financial expert testified Monday.
Aug 14, 2013 · “He was tapped out” insisted Akerman, and in a “precarious financial position” when he died. The case continues with with the Jackson’s suing AEG Live for negligence in hiring Dr Conrad Murray,...
- Entertainmentwise
Jun 28, 2024 · "He was tapped out." According to PEOPLE, Jackson began accruing debt as early as 1993 and owed around $140 million by 1998. Per the publication, his debt increased by around $170 million...
Aug 14, 2013 · Michael Jackson was “tapped out” in debt and owed an estimated $400-$500 million when he died, according to a forensic accountant. William R. Ackerman was testifying on behalf of AEG Live as...
