10 Great Celebrities Who Went Broke

By siliconindia   |   Saturday, 29 October 2011, 01:07 IST
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Michael Jackson:
mj
After the death of MJ, it was stated that he was under a debt of $400 million. The never land ranch of MJ cost maintenance charge of $35 million. The ranch had two railway lines, two helipads, a fire department, a zoo and too many amusement park rides. He owned 75 cars and bestowed lavish gifts for instance the $637,000 necklace for Elizabeth Taylor and many other outrageous expenses. He had a personal medical expenditure of $25,600 a month.