How did MJ accumulated so much debt by the time he passed away?

MJ never thought he'd need to earn money in another way. Maybe he should've written more books, more memoirs.
 
I always wonder how so many high-paid artists and athletes surround themselves with incompetent people. It is very common. They contract people on an "I have a friend who can help" basis instead of searching for people with proven experience and success in their respective fields.
 
By doing and living the opposite way of what he wanted in 1979

“If it's the rich life I don't want it
Happiness ain't always material things”
 
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