The Gloved One is among a very select group of artists who posthumously remain major wage earners. Nine months after his death, Sony Music Entertainment is paying the the estate of Michael Jackson between $200 and $250 million to release 10 recordings over the next seven years- reportedly the largest ever paid for such a deal.
Adding to his estate’s wealth, 22 items of furniture that were hand-picked for Michael Jackson’s home in Kent, London, accompanying his “This is It” concert series, are going up for auction in Las Vegas, as well as his iconic jeweled gloves.
Some of the items on the auction block include a nine-seat gilt sofa in carved solid wood with red velvet cushions, a 17th century writing desk inlaid with mother-of-pearl, a pair of sunglasses, a military jacket that he wore when he married wife Debbie Rowe in 1996, and Jackson’s white Swarovski Crystal Glove, estimated to go for at least $30,000.
The auction is at Planet Hollywood Resort and Casino in Las Vegas starting on June 25, and lasts three days, and will also feature other items for sale from other iconic figures in the music industry. Some of the proceeds will go to benefit MusiCares charity and Joshua’s Heart, both charities.