Michael Jackson renting a $100,000 a month mansion

[Honey]

Moving on: After living in Las Vegas in recent months, Michael Jackson is returning to California

There have been persistent rumours of bankruptcy and threats of foreclosure on his Neverland ranch.
And when an auction to sell off his treasures was announced, it seemed that Michael Jackson was teetering on the brink of financial ruin.
But the former King of Pop is apparently not as hard-up as people believe - and is splashing out almost £70,000 a month on a new US home.
Jackson, 50, is renting a mansion in one of the most exclusive areas of Los Angeles, for a staggering $100,000 (around £67,500) a month.
The $38million (£26million) Bel Air house boasts seven bedrooms, 13 bathrooms, 12 fireplaces and sprawling gardens.
The palatial home, which is nestled amongst trees and shrubbery, also comes with a guest house, a screening room and a cellar, while steps at the back of the property lead to a huge rectangular swimming pool and sundeck.
The deal on the lavish pad was reportedly signed several weeks ago, under a heavy-duty confidentiality agreement, and the singer is understood to have already stayed in his new abode.


Lavish: Jackson is renting this £26million mansion in Hornby Hills, Los Angeles



Fancy a dip: The home includes a swimming pool, screening room and cellar

Photographs of the mansion show a drawing room with leather armchairs, oil paintings hanging on the walls and high wooden ceilings with intricate designs.
The dining room has white drapes shading the windows and a table and chairs to seat eight, while the screening room boasts plush red sofas and a chandelier.
A fountain takes pride of place in front of the property and, once inside, guests are greeted by a wide hallway with a sweeping wooden staircase, large rugs and huge decorative vases.
Jackson vowed never to return to Neverland after being cleared of child molestation charges in 2005. The Thriller singer claimed his home had been ‘violated’ when it was raided by 70 police officers in 2003.


Mini theatre: The house includes a screening room with comfy big sofas



Lofty: The building has high ceilings and ornate plasterwork

The fairground rides and zoo animals have since been moved off the ranch, the flowerbeds have been left to wither and the property has spiralled into a state of near decay.
In 2006, authorities ordered Neverland be closed up and fined Jackson for failing to pay his employees or maintain adequate insurance.
Earlier this year, the singer almost saw the property go into foreclosure, before an investment company bought the $24 million (£16 million) loan on the ranch.
Last month the deeds were transferred to a firm called Colony Capital, in which Jackson retains a stake. Santa Barbara County Assessor’s office said the deal was worth $35million (£24million).


Lounging around: Step back in time to another century in the lounge



The mahogany room: The study could provide a fire hazard with the amount of wood inside

But Jackson’s new, pricey Los Angeles home is a direct contrast to recent reports of his financial woes.
The pop star’s failure to produce new music was thought to have had a devastating impact on his cash flow, and his erratic globetrotting was heralded as an attempt to flee creditors.
Last month his lawyers reached a settlement in a $7million (£4.5million) breach-of-contract case brought by Bahraini sheikh, Sheikh Abdullah Bin Hamad Bin Isa Khalifa.
And now, a woman calling herself Billie Jean Jackson, who claims to be his wife, is suing the singer for £700,000. She claims to be the mother of his youngest child, Prince Michael II, aka Blanket, and wants joint custody.


Guest house: A small building at the end of the garden could be used for sleepovers

In April, Jackson is selling off more than 2,000 of his personal items - including Neverland’s gates and the glittery glove which appeared in the video for Billie Jean.
The music legend plans to donate a portion of the proceeds to charity MusiCares, but is believed to be keeping the rest of the profits for himself.
Jackson spent a time living in Ireland and Bahrain after being cleared of child molestation allegations, and has most recently been living in a gated community in Las Vegas.
But his new, lavish LA pad, which will cost him more than £800,000 a year in rent, suggests his bank balance is still healthy.

Michael Jackson silences rumours of money trouble by renting a $100,000 a month mansion | Mail Online

[kingcap72]

That mansion looks like it has a lot of room for Jesus Juice sponsored slumber parties.

[mrs.v]

What.the.fuck.

[msdeb]

where on earth does this broke mofo get money?

[angelais]

where on earth does this broke mofo get money?

Probably from the freakish Europeans out their who still buy his music (not all Europeans - so don't start yelling at me.)

[scooter]

Or the arabs. They love his freaky ass. Literally.

[happy8]

As much $$ as this man has made in his lifetime, I can't believe he has resorted to renting a house. What a waste of money. He owns NO other property - really???

[Folieadeux]

I don't get why he just doesn't move into a secluded double or triple story house? He can't afford all this shit.

[aabbcc]

I wonder who he's mooching off now?

[cheray]

He thinks he is still rich. Soon the owner of that property will be chasing his ass for the rent and then Micheal will say " I thought it was a gift".