Michael Jackson’s Collection Worth Hundreds of Millions
Michael Jackson was a genius artist. But he didn’t only love creating art—he was also interested in collecting artworks. A recent report estimated the value of his art collection at several hundred million dollars.
Michael was always portrayed by the media as a spendthrift. It was said that in his famous Neverland home he built an amusement park, a zoo, and a cinema hall—but it was never said that he welcomed sick children there for free. What once looked like extravagance to the media has now become a multi-hundred-million-dollar investment.
One year after Michael’s death, his wealth was estimated at nearly $1 billion. And in the second year after his death, it appears that this wealth has doubled, because his art collection has been valued at around $903 million.
This collection includes 182 artworks that Michael kept new and untouched. An art appraiser believes Michael Jackson’s art collection is one of the rarest and most flawless collections in the world.
Of course, it should also be noted that his book collection is also one of the largest book collections in the world.
There are many rumors about his precious art collection. For example, people say Michael wanted his children to earn wealth from selling this collection. A source claiming to be close to the Jackson family says that one family member sold part of this collection for $87 million without informing the other members. RadarOnline reports that an international businessman has his eye on the collection and has made a purchase offer. There are many rumors like this.
What is especially interesting about this collection is Michael Jackson’s genius in investing and the special ways he used to express his artistic taste in areas other than music.
One point that shouldn’t be overlooked is that many of the artworks in this collection were created by Michael himself.
Michael learned painting from his Australian friend and artist, Brett Livingston Strong. Of course, he wasn’t his only teacher. Michael also learned from other artists such as Greg Hildebrant and David Nurdal.
Brett Livingston received some of Michael’s designs and sculptures as a token of appreciation for his efforts. On a letter attached to these works from Michael’s manager, it says:
“Michael wants you to know how grateful he is for your loyalty over the years. He presents these works to you as a small keepsake in thanks for your long-standing friendship and artistic collaboration.”
Although experts believe this letter is fake, because Michael never gave his own works to anyone other than his mother and children. They also say that at the time when these works were apparently delivered to Livingston, Michael had debts, and common sense wouldn’t allow him to gift a valuable work as a keepsake to someone in such circumstances.
Source: eMJey.com / limelife.com
One point that shouldn’t be overlooked is that many of the artworks in this collection were created by Michael himself.
Michael learned painting from his Australian friend and artist, Brett Livingston Strong. Of course, he wasn’t his only teacher. Michael also learned from other artists such as Greg Hildebrant and David Nurdal.
Brett Livingston received some of Michael’s designs and sculptures as a token of appreciation for his efforts. On a letter attached to these works from Michael’s manager, it says:
“Michael wants you to know how grateful he is for your loyalty over the years. He presents these works to you as a small keepsake in thanks for your long-standing friendship and artistic collaboration.”
Although experts believe this letter is fake, because Michael never gave his own works to anyone other than his mother and children. They also say that at the time when these works were apparently delivered to Livingston, Michael had debts, and common sense wouldn’t allow him to gift a valuable work as a keepsake to someone in such circumstances.
Source: eMJey.com / limelife.com