Sign in

MJ bequeathed songs worth hundred millions to his kids

Michael Jackson bequeathed some 200 unpublished songs to his three children, to secure their future in case of a bankruptcy and the collection is estimated to be worth more than hundred million dollars. Those songs can't be touched by his creditors.

Updated on: Jul 3, 2009, 11:33:15 IST
PTI | By , London
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

Michael Jackson bequeathed some 200 unpublished songs to his three children, to secure their future in case of a bankruptcy and the collection is estimated to be worth more than hundred million dollars.

HT Image
HT Image

This secret legacy of the ‘King Of Pop´ is part of a protected trust fund for his three children Prince Michael, 12, Paris Katherine, 11, and Prince Michael II, 7 and cannot be touched by the creditors to whom he owes the staggering amount of USD 500 million, reported Daily Mail online.

The newspaper was quoting Ian Halperin, the author of the yet to be released biography of Jackson called ‘The Final Years of Michael Jackson´.

“He has as many as 200 unpublished songs that he left behind for his children. They can’t be touched by the creditors, that will ensure his kids a comfortable existence no matter what happens,” a source close to the pop icon told Harperlin.

There are reportedly dozens of previously unknown Jackson songs, including a warning about climate change which he was composing two days before he died.

It is also claimed that the singer’s 50 per cent stake in Sony/ATV which includes most of Beatles’ back catalogue as well as tracks by artistes like Bob Dylan and Neil Diamond has fine print protecting it from his many creditors.

Get the latest Entertainment News from Bollywood, Hollywood, television, music and web series. Follow celebrity updates, movie reviews, trailers and box office collections on Hindustan Times.