Michael Jackson's Valuables

Michael Jackson well known as Wacko Jacko his fans had the most expensive lots, which contested for very high prices. During an interview with the CNN, he described himself to be worthy above 1 billion US dollars. He was one of the richest artists earning millions of dollars on concerts and tours. Some of the most expensive collectibles Michael Jackson had during his era are listed below:

The white spandex gloves covered in Swarovski crystal sequins which he wore frequently in the 80’s. The gloves were an iconic piece of Jackson’s wardrobe. Although several threads have come loose, they are estimated to be worthy $200,000, according to Julien’s   executive director, Martin Nolan.

Another icon item in his wardrobe was a glittering, roped, red and golden military-style jacket which he wore during 1984 American Music Awards. Thought the 80’s, he was repeatedly spotted having worn the jacket. This iconic jacket is estimated to be worthy $20,000-$30,000.

 Jackson did own a smattering of artworks, including a 10-foot-tall 1991 bronze sculpture of a bound Indian by American artist Glenna Goodacre, designer of the Sacagawea gold coin. It’s estimated at $100,000 to $250,000 and may not sell for much more, says Darren Julien, chief executive of Julien’s.

Also Jackson owned vehicles which were very valuable. He owned a custom-made

1999 Rolls Royce limousine with a gold-encrusted interior which he designed himself. It is estimated to be worthy $140,000 to $170,000.

Jackson owned the famous Neverland Ranch together with a private equity company called Colony Capital which in 2003 was estimated to be be worthy $100,000,000. It is believed to have housed more than 1000 valuables belonging to the gloved one.

Although he was known to own the most valuable items, he was also drowning in debts. Sources tell that he owed some unnamed companies a lot which hit $400,000 where his Neverland Ranch home was still on a debt.

Jackson moved to Bahrain following his 2005 trial. He now reportedly lives in a Bel-Air mansion with 13 bathrooms and 12 fireplaces, for which he pays $100,000 a month in rent. Halperin  reported that he would never return to Neverland.