Michael Jackson regarded as one of the richest pop singers in the world is on the verge of losing his Neverland Mansion due to debt.
It is really amazing how this stars quickly go bankrupt. The same lavish Michael Jackson bankrupt?
First it was Mike Tyson who has resorted to singing just to raise money to pay off his depth. A man who at a time used to earn $30 dollars in a couple of seconds.
Michael Jackson's penchant for lush plush living is well known and shamefully we are not aware of any big investment owned by him. For a debt of 'just' $24.5m, Wacko Jacko is going to have his home put on auction by next month if he fails to pay up.
It is difficult to believe that Michael Jackson can be this broke up to the extent of losing his home. What was he thinking?
Nigerian artists who are currently having a swell time making millions of Naira should better learn from this. If tomorrow, we hear that 2Face has gone broke, it will really be a shameful episode after all the money we hear he's currently raking in on album sales, shows and endorsements.
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