Michael Jackson has been gone for over 10 years, but the business behind the King of Pop is skyrocketing, earning more than $1.7 billion dollars as of the beginning of 2019.
The shocking revelation was made in an accounting document of MJ's estate, which is filed with the L.A County Court.
According to the legal documents, obtained by The Blast, Michael Jackson's executor and lawyers have been working to rebuild Jackson's brand and stabilize his finances for years.
"With the assistance of their counsel, the Executors have successfully rebuilt and enhanced Michael Jackson’s image, solidified the MJJ business as a significant entity in the entertainment industry, entered into and continue to enter into unprecedented business deals that have produced, and will in the future produce, significant revenues for the Estate," his team wrote in the filing.
Jackson's new business deals includes the highly successful 'Cirque du Soleil' show on the Las Vegas strip.
More importantly, MJ's team told the court:
"As of December 31, 2018, the Estate generated gross earnings exceeding 1.7 Billion Dollars."
Obviously, the estate continues to earn money during the first few months of this year.
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