Michael Jackson's Daughter Dropped $3.8Million an A Private Home
Michael Jackson's Daughter Dropped $3.8Million an A Private Home Michael Jackson's finances are dysfunctional In November 2008, a man named Abdulla sued the pop star for seven million dollars, or EUR6 million. The money was allegedly spent on loans, expenses, and a contract with the singer. Abdulla also claimed that Jackson had duped her into signing the contract, which she claims was worth $7 million. She also accused Jackson of abusing young children and paying off one family for $1 million. But whether or not that money was spent on promoting the singer is unclear. The IRS has said that Jackson's estate owes nearly $700 million in taxes. While many people are relieved that the estate's assets were valued at that high, the fact remains that it will still have to pay hefty interest. Regardless of the reasons for the massive tax bill, Jackson's estate has a long history of mismanagement and reckless spending. As a result, the IRS was quick to slap a massive penalt