Watch: ’60 Minutes’ Michael Jackson’s Lucrative Legacy
Even four years after his death, Michael Jackson still reigns as the King of Pop. Though leaving behind a legacy of record-breaking hits and inescapable controversy, MJ was able to erase the $500 million debt he had accrued with the help of posthumous and lucrative endeavors, such as his This Is It album and partnership with Cirque De Soleil.
CBS’ 60 Minutes delved into the trappings of his legacy, touring the warehouse that holds his personal items not on the auction block, including his tour ensembles and luxury vehicles, while consulting his Co-Executor John Branca, who managed his empire after-death, as well as Zach O’Malley Greenberg, senior editor for Forbes Magazine. Watch his financial resurrection above.