Michael Jackson may lose Neverland Mansion. The sprawling estate in Santa Barbara County is up for foreclosure. Once one of the richest singers, MIchael’s millions may have been eaten up by legal battles and far too much cosmetic surgery. (Or should we say medical treatments for a rare skin disease?).
Michael owes about $23, 212, 953, on an outstanding loan of $23, 000,000. He’s skipped 3 mortgage installments. Maybe his cover appearance on Ebony magazine in celebration of the 25th anniversary of Thriller will generate just enough life into his career to pay for an apartment.