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Celebrity That Lost A Fortune: Michael Jackson

Midnight Man

By Midnight Man

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Michael Jackson was an American singer, songwriter, record producer, dancer, and actor, who is also known as the King of Pop, had not always been rich. As a successful entertainer, he embarrassingly had to file for bankruptcy because he went too far with his life of luxury. He was forced to file for bankruptcy in 2007 when he was unable to pay back the loan for the Neverland Ranch that he had purchased.

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