It seems like the self-described King of Pop Michael Jackson is feeling the effects of the economic crunch. The 50-year-old pop icon will put up for auction the glittery glove he wore for his 1983 mega-hit video "Billie Jean."
Jackson, who many believe is completely bankrupt, will also auction about 2,000 of his personal items including the gate to his infamous, fantasy-filled Neverland mansion.
The items will be on display starting on April 21, 2009 and bids will be accepted both in person and online. Part of the proceeds from this auction will benefit MusiCares, a nonprofit organization that helps musicians in need.
Iconic Pop Memorabilia Auctions
Michael Jackson Says Adios to “Billie Jean” Glove
Trend Themes
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Industry Implications
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