Michael Jackson was destitute -- no, wait, he brought in millions annually. And who cares about that $100,000 per month rent he paid to live in a Holmby Hills mansion. Oh well, his Beatles share is only worth 500 million, which would only leave behind $100million after having absolved a $400,000,000 debt.
Newsweek is reporting the worth of his stake in ATV/Sony could be as low as $125,000, but I am sure you have better information.
But apart from that, if he had so much money available why didn't he be a responsible adult and pay his creditors?
BREAKING NEWS: A report that the rent on the house was paid by the promoter of the concerts. Yep, that makes sense. Who would rent to Jackson? Well, if true, there go the refunds.