The King of Pop died nearly a half-billion dollars in debt — but he squirreled away quite a lucrative legacy.
A lifetime of Michael Jackson’s most treasured possessions are gathering dust inside five massive California warehouses, each one about 20,000 square feet.
Among the items is the sequined glove he wore on the “Billie Jean” tour, worth an estimated $80,000.
The storage spaces are chock-full of Jackson memorabilia — including a 1983 Grammy for best vocals on “Billie Jean” — and private gifts from celebrity friends, according to “60 Minutes,” which will air its private tour of one warehouse Sunday.
Longtime Jackson friend Karen Langford, who worked with the “Gloved One” from 1981 until his death in 2009, took CBS host Lara Logan inside the King of Pop’s closets.
Nobody knows for sure what all of Jackson’s junk is worth. It’s anybody’s guess what they could bring at auction with the right people bidding, CBS reports.
A fleet of gleaming cars — from a 1980s white stretch limo to several vintage Rolls-Royces — sits inside the warehouse, while figurines, antiques and art objects line the floor-to-ceiling shelves.
The first thing Logan sees on her visit is the huge, carved “Neverland” sign that once sat atop the gates to Jackson’s famous compound. Inside were an amusement park, a zoo and the mansion where he lived.
Old-fashioned arcade video games, scooters, sleek boats and thousands upon thousands of boxes with paraphernalia sit next to small trinkets that held great sentimental value for Jackson.
Among them is a wooden rocking horse from one of his closest friends, Elizabeth Taylor.
“To MJ, Love ET,” reads the inscription.
The items will be stored until Jackson’s three children come of age and inherit his belongings.