Court Documents Reveal Michael Jackson's $500 Million Debt at Time of Death

New filings detail the financial turmoil Jackson faced, including high-interest debts and numerous lawsuits.

Jackson owed money to over 65 creditors and faced multiple lawsuits worldwide.
His planned 'This Is It' tour added $40 million in liabilities to his estate.
Executors have since resolved most debts and lawsuits, stabilizing the estate's finances.
The estate is now valued at over $2 billion after strategic asset sales and renegotiations.
Jackson's beneficiaries await financial distributions pending IRS dispute resolution.