Before he died, Michael Jackson was on the down and out, broke to the tune of approximately $50 million- and growing.
Now that he’s gone, sales for any of his memorabilia are skyrocketing, with his children and estate executor more than likely well taken care of for their lifetimes.
On Friday, Julien’s Auction sold photos of Jackson, autographed albums and other memorabilia for a hefty sum at Planet Hollywood in Las Vegas.
Jackson’s lot was expected to gross $10,000 to $30,000. It raked in $205,000.
“He’s back on top. He’s shining with the stars in heaven,” said Warwick Stone, who bought a piece of Jackson.
A Jackson 5 album signed by the band garnered $27,000. Vintage photos: $2,200. A Victory Tour costume shirt of Michael’s: $42,000.
Stone finds it sad but true that it takes dying to put Jackson’s value “back on the top.”