His assets also include a 25 percent stake in a music publishing library that contained many Beatles songs. In 1985 he paid $47.5 million for ATV Music, which owned the copyright to 259 songs written by John Lennon and Paul McCartney. A few years later, in 1988, he paid $14.6 million for Neverland, a 2,500-acre property in Santa Barbara, CA. In total, Jackson's assets may be worth $1 billion. __
