Jackson Estate Earns $310 Million in Revenue

Singer Michael Jackson’s legend continues to live on in his fans, which is proven through the profits of his estate. It has earned up to $310 million in revenue, which is now being used to pay off unfinished business.

Upon passing away in 2009, NBC Connecticut reports Jackson was $400 million in debt. Of the $310 million in estate profits, $159 million has been used so far, and the debt slowly continues to decrease.

"Although there remain unresolved creditor claims, pending litigation and additional challenging business, tax and legal issues, and the estate is not yet in a condition to be closed, the executors have made substantial progress in reducing the estate's debt," court documents filed on Thursday said, according to MSNBC.

Beneficiaries of the estate include his mother, children, and charities.

Dr. Murray, Jackson’s former doctor, is being charged with involuntary manslaughter, states Reuters.

Jackson’s movie, This Is It, along with the album, Michael, will also help pay off the $400 million debt.