Details emerge of Michael Jackson's mystery backer

Thursday June 4, 2009

A Los Angeles businessman who made millions buying and selling undervalued properties has been revealed as the mystery benefactor who has been masterminding - and financing -  Michael Jackson's comeback.

Tom Barrack, a former Santa Barbara neighbour of the singer, whose children have visited Michael's Neverland ranch, stepped in when the sprawling property was to be auctioned off.

After a meeting with the 50-year-old star in Las Vegas, Tom wrote a cheque to save Neverland from foreclosure. The 62-year-old financier then teamed up with his billionaire friend Philip Anschutz – who owns concert production giant AEG Live - to plan the king of pop's return to the music spotlight.

The pair hope the O2 Arena concerts in London will form a springboard for an international comeback, and lead to a world tour, new albums and movies.

Photo: ę Rex

  • <
  • Details emerge of Michael Jackson's mystery backer

  • >
  • 2 of 10


Most Read Stories

Follow us on


Featured content

Red Carpet

All the latest news and pictures from the red carpet

Jennifer Lawrence

The latest news and pictures of the hot young Hollywood actress and star of Silver Linings Playbook