Michael Jackson almost broke? - GoFuckYourself.com

eroswebmaster · 05-24-2003, 09:21 AM

LOL if it's true, it's only because the fool treats money like I treat toilet paper:

http://entertainment.msn.com/news/ar...px?news=123430

05-24-2003, 09:26 AM

pretty sad actually seeing a once great artist go down the shitter.

gothweb · 05-24-2003, 09:28 AM

I know who designed the gallery in your sig.

Nice.

xenigo · 05-24-2003, 09:29 AM

I was thinking about this yesterday... how the FUCK do you lose that much money? I mean, seriously... when you make MILLIONS a year in interest alone, why the fuck would you have to go out and exceed that? If this guy had just a sliver of self-control (only spending several million, instead of hundreds of millions per year) he would never be able to get rid of that money... the interest would just keep piling up.

But seriously, what the fuck kind of loser can't hold on to that kind of money. He must be a complete idiot.

eroswebmaster · 05-24-2003, 09:30 AM

Quote:

Originally posted by Equinox
pretty sad actually seeing a once great artist go down the shitter.

Yeah no kidding. You can crack on him all day about him being a freak, but the guy is a talented freak.

But to go through half a billion dollars fuck that.

He was here in Vegas a few months back and spent like 1 or 2 million dollars in one day shopping at the casinos.

C_U_Next_Tuesday · 05-24-2003, 09:32 AM

Quote:

Originally posted by xenigo
I was thinking about this yesterday... how the FUCK do you lose that much money? I mean, seriously... when you make MILLIONS a year in interest alone, why the fuck would you have to go out and exceed that? If this guy had just a sliver of self-control (only spending several million, instead of hundreds of millions per year) he would never be able to get rid of that money... the interest would just keep piling up.

But seriously, what the fuck kind of loser can't hold on to that kind of money. He must be a complete idiot.

I concur ..what a wasteful freaky fuck

xenigo · 05-24-2003, 09:33 AM

Quote:

Originally posted by eroswebmaster

He was here in Vegas a few months back and spent like 1 or 2 million dollars in one day shopping at the casinos.

Yeah, anyone that needs to spend that much on a daily basis needs to go check themselves into the mental hospital. Obviously money can't make up for what that guy's trying to compensate for.

eroswebmaster · 05-24-2003, 09:34 AM

Quote:

Originally posted by xenigo

Yeah, anyone that needs to spend that much on a daily basis needs to go check themselves into the mental hospital. Obviously money can't make up for what that guy's trying to compensate for.

Very true.

Gutterboy · 05-24-2003, 09:35 AM

Quote:

Originally posted by xenigo

Yeah, anyone that needs to spend that much on a daily basis needs to go check themselves into the mental hospital. Obviously money can't make up for what that guy's trying to compensate for.

Hit the nail on the head there.

Niki · 05-24-2003, 09:36 AM

05-24-2003, 09:39 AM

he is definitely one of the most influencial pop artist ever to populate this planet, to bad he's a bleached nutcase with a big problem that bites big holes into his bank accounts.

eroswebmaster · 05-24-2003, 09:40 AM

The guy simply put has issues.

And as someone already stated money can't make up for what he's compensating for.

Now imagine this guy actually is broke or goes broke.

What a fucking high fall this would be. To go from the King of Pop living on that ranch "neverland," to living in a 2 bedroom apartment in Encino.

The guy will probably lose it without having that money to fill whatever holes he has in his life.

mrbling · 05-24-2003, 09:56 AM

his neverland ranch that has some amusement park shit costs a few millon a year to maintain

I thought it was pretty retarded, they even had some butler serviing italian ice or something.

cherrylula · 05-24-2003, 10:06 AM

Maybe Disney will give him a job at one of their theme parks.

Get him a tail and some ears, he would make a great mouse creature thing. Maybe even give him his own ride.

eroswebmaster · 05-24-2003, 10:08 AM

Quote:

Originally posted by cherrylula
Maybe Disney will give him a job at one of their theme parks.

Get him a tail and some ears, he would make a great mouse creature thing. Maybe even give him his own ride.

LOL...well they used to have the Captain EO show, maybe now he can just perform it live.

However they need to hire some extra security, not for him but for the children ;)

NoCarrier · 05-24-2003, 10:10 AM

Maybe it's time for him to go back to his planet where "IT" belongs.

KRL · 05-24-2003, 10:28 AM

First of all you have to consider most stars get duped into lots of loser investments by shady financial advisors. Think how easy it would be to get a star as wacko as Jacko is to put money into kids related business deals. He probably gets sucked into the most ridiculous ventures all the time. That's the #1 way most celebs lose their loads quickly. Got to remember MJ is not a businessman. He's a singer and a dancer.

I have a friend of mine who wasn't an actor, but was in entertainment stuff. He built up about $250 Mil net worth in his 30's. Started with an entertainment marketing biz which is his skill set and made him his money, but then surrounded himself with oodles of advisors to find all sorts of other deals to expand into. Things he knew nothing about, nor took the time to learn about. Got into racehorse breeding and stables, a car racing team, real estate development, oil well drilling, and on and on. Then he went on the ego binge. Flying to exotic places in his private jet. Buying cars up the gazoo. Bought several mansions. The babes, the booze, the cocaine. Before long he said he couldn't even keep track of anything he owned, cause it overwhelmed him. Started to find out his advisors had bought a lot of companies that looked fine on paper but were in bad shape in reality. Before long more was going out then was coming in. Within 5 years the guy went from all that to bankruptcy.

Then these stars, especially ones like Michael require attorneys, agents, publicists, accountants, advisors, security people, household staff, plastic surgeons, designers, managers for all apsects of their activities and projects, flunkies, etc., all sorts of people to keep their stardom and lifestyle going. I'm sure his payroll alone is in the 8 figure range. Then you have the tax man taking his bite. Charities they have to support. Cars, estates, private jets, yachts, penthouse hotel suites, limo's, and on and on. That shit costs buckaroos.

On a $50 Mil income he probably goes through every penny the way he lives so extravagently.

Michaels best asset is his and the beatles song publishing rights catalog he owns. That's probably been the only thing keeping him afloat.

So bottom line its real easy to blow it even on the level he's at.

cherrylula · 05-24-2003, 10:31 AM

Quote:

Originally posted by KRL

Michaels best asset is his and the beatles song publishing rights catalog he owns. That's probably been the only thing keeping him afloat.

yeah he's a fucking loser, maybe John is screwing with him from beyond cuz of that.

smack · 05-24-2003, 10:36 AM

i'm sure he could always get a job with tranny trick

Quotealex · 05-24-2003, 10:57 AM

Quote:

Originally posted by KRL
Michaels best asset is ... the beatles song publishing rights catalog he owns. That's probably been the only thing keeping him afloat.

Sony already owns 50% of Micheal's publishing rights and soon he will have to relinquish the remaining 50% to Sony...

brutus · 05-24-2003, 11:02 AM

Fucking joke.

Zprogramz · 05-24-2003, 11:08 AM

Very sad what has happened to him. He has brought alot of joy to so many over the years.

Z

manilaheat · 05-24-2003, 11:20 AM

It is hard to respect anyone who has to tape his nose to his face everyday. Sorry, but this guy is a freak.

PostWhore · 05-24-2003, 11:21 AM

I bet McDonald's will hire him

FlyingIguana · 05-24-2003, 12:42 PM

Quote:

Originally posted by xenigo
I was thinking about this yesterday... how the FUCK do you lose that much money? I mean, seriously... when you make MILLIONS a year in interest alone, why the fuck would you have to go out and exceed that? If this guy had just a sliver of self-control (only spending several million, instead of hundreds of millions per year) he would never be able to get rid of that money... the interest would just keep piling up.

But seriously, what the fuck kind of loser can't hold on to that kind of money. He must be a complete idiot.

these people come into money so quickly they don't have a clue what to do with it. most of them have no brains and act almost like some people who win a big lottery. they just blow all their money.

SGS · 05-24-2003, 12:57 PM

Quote:

Originally posted by KRL
Michaels best asset is his and the beatles song publishing rights catalog he owns. That's probably been the only thing keeping him afloat.

I understood that Sony already has one hand on this from the huge overspend on his last album... Or the one before?

DatingGold · 05-24-2003, 03:49 PM

He has a damn adventure park in his back yard.. no wonder why..

Dawgy · 05-24-2003, 08:13 PM

nap · 05-24-2003, 09:09 PM

if he came from nothing and returns to nothing then what is the big deal? apparently money isnt that big of an issue with him because he spends it like he doesnt give a fuck about it. all his cares about are kids. if he does go bankrupt so what, he still has a rich sister and i'm pretty sure that his brothers are not hurting for money themselves. people should let this man live his life and leave him the fuck alone. apparently he has had a rough life starting back from childhood when he was basically trained to be a pop star. this guy has probably NEVER had a childhood, at ALL! he can't go to take a piss without people snapping pictures. people who pounce on this man make me sick.

05-24-2003, 09:28 AM	#3
gothweb Confirmed User Join Date: Jun 2002 Location: Back in the USSA Posts: 8,849	I know who designed the gallery in your sig. Nice. __________________ Photos by Ian X.: Distinctive photos of goth babes. Blood Money:Your traffic, my sites, our money. MojoHost: Still the best.

05-24-2003, 09:40 AM	#12
eroswebmaster March 1st, 2003 Join Date: Jul 2001 Location: Seat 4 @ Venetian Poker Room Posts: 20,295	The guy simply put has issues. And as someone already stated money can't make up for what he's compensating for. Now imagine this guy actually is broke or goes broke. What a fucking high fall this would be. To go from the King of Pop living on that ranch "neverland," to living in a 2 bedroom apartment in Encino. The guy will probably lose it without having that money to fill whatever holes he has in his life. __________________ For rent - ICQ 127-027-910 Click here for more details

05-24-2003, 09:56 AM	#13
mrbling Confirmed User Join Date: Jun 2002 Posts: 365	his neverland ranch that has some amusement park shit costs a few millon a year to maintain I thought it was pretty retarded, they even had some butler serviing italian ice or something. __________________ millionare by 18 , beat that hOES

05-24-2003, 10:10 AM	#16
NoCarrier We need more free porn Join Date: Mar 2002 Location: Montreal Posts: 16,356	Maybe it's time for him to go back to his planet where "IT" belongs. __________________

05-24-2003, 10:28 AM	#17
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	First of all you have to consider most stars get duped into lots of loser investments by shady financial advisors. Think how easy it would be to get a star as wacko as Jacko is to put money into kids related business deals. He probably gets sucked into the most ridiculous ventures all the time. That's the #1 way most celebs lose their loads quickly. Got to remember MJ is not a businessman. He's a singer and a dancer. I have a friend of mine who wasn't an actor, but was in entertainment stuff. He built up about $250 Mil net worth in his 30's. Started with an entertainment marketing biz which is his skill set and made him his money, but then surrounded himself with oodles of advisors to find all sorts of other deals to expand into. Things he knew nothing about, nor took the time to learn about. Got into racehorse breeding and stables, a car racing team, real estate development, oil well drilling, and on and on. Then he went on the ego binge. Flying to exotic places in his private jet. Buying cars up the gazoo. Bought several mansions. The babes, the booze, the cocaine. Before long he said he couldn't even keep track of anything he owned, cause it overwhelmed him. Started to find out his advisors had bought a lot of companies that looked fine on paper but were in bad shape in reality. Before long more was going out then was coming in. Within 5 years the guy went from all that to bankruptcy. Then these stars, especially ones like Michael require attorneys, agents, publicists, accountants, advisors, security people, household staff, plastic surgeons, designers, managers for all apsects of their activities and projects, flunkies, etc., all sorts of people to keep their stardom and lifestyle going. I'm sure his payroll alone is in the 8 figure range. Then you have the tax man taking his bite. Charities they have to support. Cars, estates, private jets, yachts, penthouse hotel suites, limo's, and on and on. That shit costs buckaroos. On a $50 Mil income he probably goes through every penny the way he lives so extravagently. Michaels best asset is his and the beatles song publishing rights catalog he owns. That's probably been the only thing keeping him afloat. So bottom line its real easy to blow it even on the level he's at. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

05-24-2003, 09:21 AM	#1
eroswebmaster March 1st, 2003 Join Date: Jul 2001 Location: Seat 4 @ Venetian Poker Room Posts: 20,295	Michael Jackson almost broke? LOL if it's true, it's only because the fool treats money like I treat toilet paper: http://entertainment.msn.com/news/ar...px?news=123430 __________________ For rent - ICQ 127-027-910 Click here for more details

05-24-2003, 09:26 AM	#2
X37375787 Guest Posts: n/a	pretty sad actually seeing a once great artist go down the shitter.

05-24-2003, 09:29 AM	#4
xenigo Confirmed User Industry Role: Join Date: Jan 2001 Location: Oakland, CA Posts: 8,067	I was thinking about this yesterday... how the FUCK do you lose that much money? I mean, seriously... when you make MILLIONS a year in interest alone, why the fuck would you have to go out and exceed that? If this guy had just a sliver of self-control (only spending several million, instead of hundreds of millions per year) he would never be able to get rid of that money... the interest would just keep piling up. But seriously, what the fuck kind of loser can't hold on to that kind of money. He must be a complete idiot.

05-24-2003, 09:36 AM	#10
Niki Confirmed User Join Date: Jan 2001 Posts: 1,476	sad

05-24-2003, 09:39 AM	#11
X37375787 Guest Posts: n/a	he is definitely one of the most influencial pop artist ever to populate this planet, to bad he's a bleached nutcase with a big problem that bites big holes into his bank accounts.

05-24-2003, 10:06 AM	#14
cherrylula lol Industry Role: Join Date: Jan 2002 Posts: 15,969	Maybe Disney will give him a job at one of their theme parks. Get him a tail and some ears, he would make a great mouse creature thing. Maybe even give him his own ride.

05-24-2003, 10:36 AM	#19
smack Push Porn Like Weight. Industry Role: Join Date: Mar 2002 Location: Inside .NET Posts: 10,652	i'm sure he could always get a job with tranny trick __________________ Cry havoc and let slip the dogs of war.

05-24-2003, 11:02 AM	#21
brutus Confirmed User Join Date: Mar 2002 Location: Living in the bottle. Posts: 590	Fucking joke. __________________

05-24-2003, 11:08 AM	#22
Zprogramz Confirmed User Join Date: Apr 2003 Posts: 1,360	Very sad what has happened to him. He has brought alot of joy to so many over the years. Z

05-24-2003, 11:20 AM	#23
manilaheat Confirmed User Join Date: Oct 2002 Location: Houston, TX Posts: 584	It is hard to respect anyone who has to tape his nose to his face everyday. Sorry, but this guy is a freak. __________________ ALPHARED.COM - 61000 Mbps of Capacity 24/7 Live Support Guaranteed No Buffer / No Congestion Guarantee! [email protected] - ICQ 381-726-093

05-24-2003, 11:21 AM	#24
PostWhore Confirmed User Industry Role: Join Date: Jan 2003 Posts: 4,720	I bet McDonald's will hire him __________________ Ask me how to monetize with adult traffic!

05-24-2003, 03:49 PM	#27
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	He has a damn adventure park in his back yard.. no wonder why.. __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

05-24-2003, 08:13 PM	#28
Dawgy Confirmed User Join Date: Jul 2001 Posts: 5,856	__________________ the revolution is coming.

05-24-2003, 09:09 PM	#29
nap Confirmed User Join Date: Dec 2002 Location: midwest Posts: 2,765	if he came from nothing and returns to nothing then what is the big deal? apparently money isnt that big of an issue with him because he spends it like he doesnt give a fuck about it. all his cares about are kids. if he does go bankrupt so what, he still has a rich sister and i'm pretty sure that his brothers are not hurting for money themselves. people should let this man live his life and leave him the fuck alone. apparently he has had a rough life starting back from childhood when he was basically trained to be a pop star. this guy has probably NEVER had a childhood, at ALL! he can't go to take a piss without people snapping pictures. people who pounce on this man make me sick.