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View Full Version : Michael Jackson Is In Serious Debt

isiahthomas
02-12-2004, 04:42 PM
I figured this rumor was true about him being in debt. I just saw on Yahoo.com that he owes a lot of money cause he borrowed a loan from a bank & he doesn't have the money to pay it back. Reports say that he spends $2 million a month. He owes $70 million next Tuesday for the loan he borrowed. He could go to jail i bet if he doesn't pay it. He also owes $200 million from another loan he got. God damn what is he doing with his money?
Brian
02-12-2004, 08:19 PM
He is one of the most voracious spenders out there. I remember the special on ABC where he went into this store and was all, "I want this.", "I'll buy that one.", "I'll get that one, too." I think he ran up $6 million that day in that store alone.
Rhiannon
02-12-2004, 08:56 PM
Life for Michael has got to completely suck ass right now.
EricIdlefan
02-12-2004, 11:31 PM
I thought he was worth $500 million I saw on the E Network!!
felicitylen
02-17-2004, 01:15 PM
Originally posted by EricIdlefan
I thought he was worth $500 million I saw on the E Network!!

That's what I thought too. I don't know if it's true. I've heard both rumors, he was in debt and he's worth $500 million. I would think that he still has plenty of money, but who knows.