$567.7m Final Wish Granted Los Angeles judge Mitchell Beckloff has ruled that Michael Jackson's 2002 will is valid, and so the late singer's lawyer John Branca and music executive John McClain become executors of his estate, estimated at $567.7m (Dh2.1bn). After debts, the singer has a net worth of $236.6m. This ruling means Jackson's mother, Katherine cannot gain power to protect the estate. $80k Other MJ News According to auction house Profiles in History, a pair of electric white gloves worn by Michael Jackson on the 1984 Victory Tour are set to fetch more than $80,000 (Dh293,929) at an auction this October. $10m Another Shut Down You know the film industry really is doing badly when a movie starring Brad Pitt is shut down. Sony Pictures says Pitt's latest project, Moneyball was cancelled despite $10m (Dh36.7m) already spent on pre-production. $11m Family Theft Dane Cook's (pictured) half-brother has been prosecuted on charges of stealing more than $11m (Dh40m) from the comedian. Darryl McCauley apparently transferred funds into his personal accounts. $608m Movie Industry News We're halfway through 2009 already, and so far, Transformers: Revenge of the Fallen is the most successful film of the year, raking in $608m (Dh2.23bn) in ticket sales worldwide. In at second place is Angels & Demons with $473.2m. Keep up with the latest business news from the region with the daily Emirates Business 24|7 newsletter. To subscribe to the newsletter, please click here .