Michael Jackson Half BILLION POUND ART COLLECTION!

Michael Jackson apparently had an art collection with a value of nearly £600 million pounds! Where is it? Obviously, it’s been robbed!

This is one of the best and most surprising Michael Jackson news stories that I have heard in a long time! Considering the aesthetic and style of Neverland you were bound to have a collection of art and antique furniture that has high value. We see Michael Jackson in action in the Martin Bashir documentary buying antiques worth millions on a whim – where did all the art work go, if anywhere?

When I heard this I was genuinely happy for Michael Jackson. That he did build a collection worth hundreds of millions, he had the brain and he had the resources and he deserved that.

Then comes the rest part of this story … and it goes down the usual Michael Jackson path – it’s been sold for 10% of it’s value! The Michael Jackson Estate are now trying to battle for the collection back.

Michael Jackson also had a collection of artwork and drawings which he created, obviously now worth millions.

Apparently, one of Michael’s advisor’s passed it onto one of Michael’s friends (yes, the WHOLE collection!) … and wait for it, this is the classic … FOR FREE! LOL!

Star magazine report the letter:

“Michael wants you to know he is truly grateful for the loyalty you have shown him over the years, and he views this as a small token of appreciation for your continued friendship and artistic partnership,”

Now, you know the kind of friends and advisor’s the King of Pop unfortunately had! “Who need’s enemies…”, I think the quote goes!

The Independent report:

Michael Jackson’s lawyers are battling to save his $900 million secret art collection.

The late ‘Thriller’ star’s “rare intact major collection” has just been discovered, but rather than securing the financial future of his three children – Prince, 13, Paris, 12, and Blanket, eight – lawyers for the star are battling to reverse its $87.7 million sale to an undisclosed international businessman.

Appraiser Eric Finzi told Star magazine the 182-piece collection, which has never publicly been seen, has “an invaluable pedigree for future sales in the international art market”.

He added: “Michael’s mystique in life combined with this exposure of his wonderful fine art creations following his tragic death will escalate the value of these works and the popularity of his artistic vision worldwide. I do not think we have begun to see the true value

One of the original stories (radaronline):

Michael Jackson’s Forgotten Fortune: Secret Art Collection Uncovered & Valued At $900M

Michael Jackson secretly left behind an almost billion-dollar secret art fortune that is now at the center of an international tug of war, Star has exclusively learned.

The never-before-seen collection would have insured the King of Pop’s surviving children were looked after for life. But in a startling twist, the secret vault has been sold out from underneath them, at a ‘bargain basement’ price, relatively speaking.

Lawyers running the late Thriller singer’s estate are moving to block the $87.7 million sale to an undisclosed international businessman, in a desperate attempt to return the incredible treasure to Prince, 13, Paris, 12, and Blanket, 8, and their guardian, Jackson’s mother Katherine.

In an astonishing appraisal of the 182-pieces, obtained exclusively by Star, the “rare intact major collection” was valued at a whopping $902.52 million, with “an invaluable pedigree for future sales in the international art market.”

Continue reading HERE

Michael Jackson near the end of his life

It is quite obvious that Michael Jackson was not in total control at the end of his life. Many great artists are taken advantage of, by those close to them or advisor’s and business associates.

Half a Billion pound art collection for 10% value though … Michael Jackson had a crazy life and crazier people around him!

AK Team

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