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Post by toyboy18 on Nov 30, 2004 16:47:24 GMT 1
OK, WE KNOW TOYS MADE SOME DECENT MONEY BY HER INFAMOUS LAST NAME. BUT HOW RICH IS MS. JACKSON REALLY. SHE LIVES IN A MILLION DOLLAR APARTMENT IN LAS VEGAS AND HAS THE BEST OF EVERTHING BUT WHAT DOES THE BANK ACCOUNT LOOK LIKE. IM PRETTY SURE JACK GORDON INVESTED WISELY AND MARKED TOYA TO THE HILT AND MADE HIS PROFIT AS MANAGER BUT WHAT DO YOU GUYS THINK LATOYA IS WORTH TODAY? I WOULD PLACE MY BET AROUND $10-17 MILLION DOLLARS, ASSESTS INCLUDED(HOMES, LAND, JEWERLY, CLOTHING ETC). YOU CANT BE TO POOR LIVING IN LAS VEGAS AND RIDING ON PRIVATE JETS AND TOP CARS. EITHER WAY LIST YOUR THOUGHTS ON THE TOPIC TOO [glow=red,2,300]PLEASE[/glow]!!!!!!!! PEACE OUT SFB
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James
Member
*One in a Million!*
Posts: 409
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Post by James on Nov 30, 2004 17:46:33 GMT 1
This is something ive wondered about for awhiile. First lets go through all her different areas of income. If theres any i left out then please say! Music - I doubt shes made any from record sales. She won't have got a penny from JWD. For her to start making money on SO the album must be released and sell a certain amount to break even. Then the profit comes. I belive she would have got some pretty nice advances though. I doubt from MCC & SITNOL, and as she partly owns Ja-Tail i doubt any from SO. The albums i think she'd have recived something for are LaToya, My Special Love, HDL and LaToya 88. I dont know about Bad Girl at all. Maybe something but with all the labels released under, it would be hard to keep track off and make sure she got any royalities due. Hand Outs - I'm sure Jacko & other relatives have probably given her money to stay afloat as well as presents of jewellery etc. We know how Jacko likes to spend. Maybe a few million. Personal Belongings - Her own belongings would also be worth a nice amount, the fact shes a Jackson increases their value & it all adds up. I don't know if she still has it or if she even wore one, but her Wedding Dress would probably be worth a nice sum. Things like cards from Michael & Janet, and little family things would be worth a lot, as not only are they Jackson related - they have a bigger connection to M&J. Royalties/Rights - I believe she owns the performing rights to all her albums (the money she gets from having her voice on it). As they're nearly all Out Of Print, i doubt she'd get any but they would still be worth something. Many would say they're worthless but they're definately people who would buy them. If something offered you the rights for a LaToya song do you think you'd pass them down or want to buy it? I know i'd definately rather buy them. If they were made availble more widely and on I-Tunes etc, there is potential for quite a nice profit there. Uploading something costs very little & if just 1,000 (considering there are many more Jackson hard-cores) downlaoded them at 99p a song or whatever they charge that £9,900 for just one song. Considering shes recorded around 120 that have been released if her career, as well as remixes etc that i'm sure some fans would want, they have large potential. ;D She also has writing credits, such as for Reggae Nights, which became a WW hit & supposedly Frances biggest selling single at the time. As this is availble now still, she'd still be making money from it as well as probably £1mn + when it was released. Playboy - Shes the higgest paid celebrity in its history. I think she got around $8 for her 2nd shoot. Maybe $1mn for the first. I dont know. Her Book - Sold over a million so i think she would have got at least $1mn. Personal Appearances - I dont Know how much she would get for these, but shes been doing them for a long time and im sure the money all adds up. She would also have got a nice amount for appearing in 'Club Tours' DVDs as well as her workout video. Formidble - She supposedly got paid loads for this but she backed out half was through and if i'm correct was sued over it. BUT....what happened with Jack Gordan is unclear. Maybe she got some of his money in the divorce or maybe he got some of hers. He might have even taken hold of some of her song rights recorded whilst she was still married to him. No-one knows. ALSO LaToya was supposedly declared bank crupt in 1997. I wouldn't have thought so and i was shocked but wasnt this the year the divorce came through? Maybe she found a loophole and gave the money to a relative or somewhere Jack Gordan couldnt have any claim to it. Or maybe he took a slice of it. I dont know. Thats taken me a long time. If anyone thinks differently please say, i'm not her accountant. Anyone want to work out the figures? I've just stated where she would have got money from, no amounts. Hope that tried to clear up about her money. I havent mentioned land/property etc. They're things that she would have brought with her money and the the chances are they've been good investments.
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Post by latifaheaston on Nov 30, 2004 18:39:08 GMT 1
La Toya has two homes, one in Vegas that she doesn't use and one in Los Angeles.
I think she'd have made more out of the book too, books are like $20 or £13 pounds. If it did a million copies I think she'd have got more from it.
Michael would've given her some lovely things i'd have imagined.
She probably only got advances for Heart Don't Lie, and La Toya as they were new deals and they had high hopes riding on them.
She did file for bankrupcy though so my thinking is that all her money as on 1997 was assets and not cash. Jack Gordan took half her money which was $4 million as I remember. I'm sure she her family would've seen her right though.
I reckon La Toya is worth about $5m these days. And maybe as much as $15m at the hight of her fame in the late 80's early 90's. You have to remember Toy didn't do that well after 1992 and she would've spent a lot to keep up her lifestyle.
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Post by toyboy18 on Dec 1, 2004 16:37:27 GMT 1
TOY HAS MADE MONEY, NOT ON ALBUMS BUT THE BOOK AND PLAYBOY, MOULIN ROUGE (SHE QUIT EARLY, I KNOW). AND CERTAINLY SHE MADE SOMETHING ON THE REGGAGE NIGHTS THE SONG SHE WROTE FOR JIMMY CLIFF. THE PERFUME LINE WAS UNSUCCESSESFUL AND MOST OF HER MUSIC WAS LOW SELLERS. BUT JOSEPH AND JACK DID INVEST TOYS $$$ WISELY AND SHE MUST HAVE LEARNT SOMETHING FROM mj and jj. I PERSONALLY DONT THINK TOY WOULD TAKE HAND OUTS OF MONEY FROM EITHER. ALSO I THINK SHE HAS AROUND 3 TO 4 HOMES, LAS VEGAS,LA, nyc(LATE 80'S) EUROPE AND . SHE HAS MORETHAN LIKELY SOLD THE LATTER TWO. TOY ISNT BROKE (UNLIKE RUMORS OF mj) BUT SHE ISNT JANETS RICK EITHER. GLAD TO HEAR EACH OF YOU OPINIONS THANKS' SFB
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Post by latifaheaston on Dec 1, 2004 19:23:27 GMT 1
I don't think Toy would take money but she's accept jewelery and things.
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