Why Did Michael Jackson Have So Much Debt

Why Did Michael Jackson Have So Much Debt

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Michael Jackson was the King of Pop. He sold millions of records, owned the Beatles’ catalog, and had a theme park in his backyard. You’d think he was swimming in cash like Scrooge McDuck. But money works in mysterious ways, even for superstars.

Think of your own spending habits on a much, much bigger scale. You buy a new phone on a payment plan. Michael bought a $17 million Neverland Ranch. You buy a new couch. He bought a $2 million amusement park ride to put in his backyard.

Neverland Wasn’t Just a Home; It Was a Money Pit

Have you ever owned a house you just couldn’t stop fixing up? A leaky roof here, a new paint job there? Now imagine that house has a zoo, a train, and a staff of hundreds. That daily maintenance cost was astronomical.

It’s like when you buy a used car you love, but the check-engine light never goes off. You keep paying because you love it. Michael loved Neverland. He couldn't stand the thought of it being less than perfect, so he just kept spending to keep the magic alive.

田中 結衣
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田中 結衣

グルメと旅を愛するフリーライター。全国各地の隠れた魅力を独自の視点から紹介します。