Michael Jackson was called King of Pop and unfortunately passed away in 2009. His songs remain to be culturally relevant however at the time of his passing he passed away with around 500 million dollars of debt. Due to this, many of his assets were sold to pay for his debts.
The lesson I got from looking at all these influential people is you can be exceptional in your field but if you do not know how to manage your money you might just die penniless. I personally do not want to pass away after suffering from poverty. I want my last days to be spent in bliss.
The wealth of Michael Jackson was a million miles away from either of the other two people before him and it's a very strange comparison to make. What you possibly ignore is the fact that these people used massive debt to their advantage because if the bank owes you one million, you might be in a lot of trouble when they drag out repayments, but if you owe the bank one million - they are the ones who will lose out if you go bust or die. Michael Jackson still had infinitely more wealth when he died than most people would ever see and had wealth experiences beyond our imaginations. Being famous can also open a lot of doors, even when you are in rough times, that you could not enter even if you had lots of money.