The late Jackson last year earned nearly 300 million dollars over 3 days after total income
Source: Internet
Author: User
Jackson (data picture) Sina Entertainment news Beijing Time January 30, according to foreign media reports, although the king of the Pop (king of the Pop) Michael Jackson (Micheal Jackson) has died, but in 2010, the popular king earned a total of 275 million dollars , this number is more than Beyonce (Wukesong), Lady Gaga, Madonna (Mandonna) and Jay combined. While much of this figure is attributable to the nostalgia of the pop star for months, we cannot underestimate the large amount of assets that business has brought. To be sure, Jackson's spending habits are enough to make a Russian oligarch blush. In order to build and maintain his huge dream Island champion, he lived in a 10,000-dollar luxury hotel every night. With that in mind, he emptied his revenue from the 750 albums. Money is not something that Michael Jackson is good at, but an insightful investment idea is one of his many talents. Michael-Jackson's most successful business behavior was not related to his own music. In 1985, he spent 47.5 million dollars to buy a series of song copyrights, including 250 Beatles (The Beatles) band songs. A decade later, Sony recorded a total of 90 million dollars to buy one half of the copyright from Jackson, and set up a ATV company. Until today, the Jackson Heritage department and Sony Records still share the copyright of these songs, and now the company has the copyright of nearly 500,000 songs, including Bob Dylan (Bob Dylan), Cat Elvis-Presley (Elvis Presley), Eminem and other artists. The industry estimates that all of the song's total copyright value has reached $1.5 billion trillion, and this value is growing at a rate of 50 million to 100 million dollars a year. The return on these songs has reached 3,000% per cent, surpassing the 1650% return of Warren Buffett's 1990 investment in Berkshire Hathaway. Ryan Schinman, Chairman of Platinum Rye, the world's biggest music retailer, said shortly after Jackson's death: "What we're talking about is the world's greatest song copyright, and when you have so many of the champions single rights, You can't estimate the value of these songs. "One of Jackson's best business practices is that he will gather some shrewd advisers around." The most typical example is John Branca, a superstar in the entertainment circle, who has been involved in the vast majority of lucrative deals in Jackson, and is still working for Jackson's heritage sector. A lot of people always mention that Jackson was making the album "Thriller" (ThrillER) when invited Quincy-Jones (Quincy Jones) as the producer of the Wise move, but Blanca himself, with his excellent bargaining skills, helped Jackson earn 2 of dollars per album, making it hard to make a profit from the best-selling album in the History of music. In Jackson's career, he consulted a number of shrewd businessmen. This includes David Geffen (David Geffen) record chairman Dave Geffen and billionaire Ron Booker (Ron Brukle). The latter has made a strong recommendation to Jackson to retain his copyright stake in the SONY/AVT record at all costs, although Jackson had experienced severe economic hardship at the time. Jackson's other sensible investment came from his 1987 purchase of a 20 million dream manor, which is valued at $90 million trillion. But Jackson himself spent a total of 35 million dollars on his estate after buying Neverland, which included building a kart track, a zoo and a full-size steam train line. But how much of the investment came from Jackson himself, and what was the result of Jackson aides ' advice? Donald David, a lawyer, said: "I think this is a combination of the two, it is mainly his own business sense, I have talked with him for one hours, I found that he is very familiar with the music industry." He has an uncanny intuition. "Despite his often absent-minded appearance, Jackson inadvertently showed signs of his heart," he said. David said: "He is the kind of person you cannot betray, in essence, he is a wise and shrewd person, he is the most intelligent artist I have touched." "Unfortunately, Jackson has a bad habit of spending, and he never knows what thrift is." If he can control his impulse to consume, he can become a billionaire by his own ownership of the songs of ATV Records. When Jackson died, he left nearly 500 million dollars in debt. (velvet/Compilation)
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