I read that when Michael Jackson died, he was $500 million in debt. How does someone get into that kind of debt?
In: Economics
He was about to start his ‘This is it’ tour everything was set up and everything was signed. All those people, venue’s stages etc. still had to be paid for. And no money would come in since the tickets had to be refunded.
This was going to be a show like nothing done before and that costs a really big investment
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