Prior to Michael’s death the estate owed a staggering $400 million to various creditors. However, since his death, the likes of the $261 million income generated by the ‘This Is It’ movie and the re-release of hie back catalogue has made around $310 million. $159 million of that has been used to pay off debts and some of the rest has been used for improvements to the Neverland ranch and for “family vacation” expenses.

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