Michael Joseph Jackson born August 29, 1958, was a singer, composer, dancer, and philanthropist from the United States. He is known as the “King of Pop” and is considered one of the most influential cultural figures of the twentieth century.
His contributions to music, dance, and fashion, as well as his publicized personal life, established him as a global icon in popular culture across a four-decade career.
Jackson died from a propofol and benzodiazepine overdose on June 25, 2009, less than three weeks before the inaugural This Is It event was scheduled to begin in London, with all shows sold out.
Jackson was given propofol, lorazepam, and midazolam, and died as a result of a propofol overdose.
The news of his death soon spread online, causing websites to slow down and break due to user overload and putting an unprecedented strain on services and websites such as Google, AOL Instant Messenger, Twitter, and Wikipedia. Overall, web traffic increased by 11% to 20%.
MTV and BET broadcast marathons of Jackson’s music videos and Jackson’s specials aired on television stations worldwide.
MTV momentarily returned to its classic music video format, airing hours of Jackson’s music videos alongside live news specials including reactions from MTV personalities and other celebrities.
Who inherited Michael Jackson money and estate?
Recently, information about Michael Jackson’s Family Trust was leaked to the media.
Michael Jackson would have benefited from dealing with an estate planning attorney who would have taken the time to educate him on the various methods available to better safeguard his children.
This is another example of a celebrity’s terrible estate planning. Michael Jackson’s children are set to earn $33 million apiece under the rules of the trust.
Katherine Jackson, Michael’s mother, will receive her share of the estate immediately, and any remaining amount when she dies will be divided among Prince, Paris, and Blanket.
The children will receive allowances until the age of 21, after which they will have access to one-third of their trust fund at the age of 30, another third at the age of 35, and the remaining at the age of 40.
