During the last few years of Michael Jackson's life he faced very public financial hardships, but if he was spending as he did in 1999 while living at Neverland, then he needed a wake-up call.
Fox News got a hold of his financials from that filed during his divorce from Debbie Rowe.
Documents filed in the Los Angeles Superior Court in September of 1999 show that Jackson spent $95, 700 on the gardening alone to maintain the sprawling Neverland Ranch. Security costs totaled another $51,900. Upkeep on his famous zoo/amusement park was another $66,200 and housekeeping/PR expenses stood at around $60,200 bringing the grand total monthly household expense to an astonishing $358,600. Colony Capital, the company that bought Neverland in 2008, is now responsible for the ranch's maintenance.
When it came to personal expenses, the court documents show Jackson reportedly forked out $178,100 on legal services, $120,000 on personal/property insurance, $25,600 on medical needs, $42,600 on gifts -- but only $100 a month on entertainment. Overall, his personal expenses were estimated at $1, 420,600 monthly. In addition, MJ spent $85,500 on transportation and a further $475,200 on MJJ Productions and Optimum Productions.
The report also claims Michael had 75 cars registered in his name.
When you add all of that up, it comes out to $2,339,300 every month, $28,071,600 a year!
Craziness.
source
1 comments:
Well no wonder this guy got so much flak in the tabloids. He spent more on gardening than he did on PR.
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