Michael Jackson, the King of Pop, left behind a legacy that continues to captivate the world. His music, style, and larger-than-life persona remain legendary. However, his financial situation was a bit more complicated. Upon his death in 2009, Michael was deeply in debt, but his estate has since turned around, now valued at over $2 billion. One of the most significant aspects of his legacy is his three children: Prince Michael Jackson, Paris Jackson, and Bigi Jackson (formerly known as Blanket). Each child has inherited a portion of Michael’s vast wealth, but their net worths differ, influenced by their unique paths in life.
In this blog post, we will dive into the net worth of Michael Jackson’s kids, uncovering how much each of them is worth today and how they are handling the wealth they’ve inherited.
Key Points:
- Michael Jackson’s children inherit a significant portion of his estate, worth over $2 billion.
- Prince Michael, Paris, and Bigi all have distinct careers and sources of income.
- Despite inheriting wealth, the Jackson kids have pursued their own endeavors, contributing to their net worth.
What Is the Current Net Worth of Michael Jackson’s Kids?
When it comes to the net worth of Michael Jackson’s kids, it’s important to recognize that their wealth is not only based on their inheritance but also on their personal careers. Each of them has made moves to establish their own financial independence, although their fortune is heavily influenced by their father’s estate. Here’s a breakdown of their current financial standing:
- Prince Michael Jackson – Prince, the eldest of Michael Jackson’s children, is often seen as the most business-savvy. He has involved himself in various entrepreneurial ventures and media projects. Prince co-founded the production company King’s Son Productions and has worked in film production and as a host for television programs. Additionally, his share of the Jackson estate, which he inherited along with his siblings, contributes significantly to his wealth.
- Paris Jackson – Paris, the only daughter of Michael, is an established model, actress, and musician. She has worked with major fashion brands and appeared in several high-profile campaigns. Her music career, including her work as a singer-songwriter, has added to her wealth. Paris also acts as an advocate for various causes, including environmental issues and mental health. Her inheritance, combined with her career earnings, places her net worth in the millions.
- Bigi Jackson – Formerly known as Blanket, Bigi Jackson has remained more private compared to his siblings. Although he has stayed out of the public eye, Bigi is believed to be managing his wealth wisely. His net worth is largely driven by the inheritance from his father’s estate, although he has occasionally appeared in the media.
While their financial status is influenced by their father’s estate, they are carving their own paths, making money from various sources.
How Did Michael Jackson’s Kids Inherit His Estate?
Upon Michael Jackson’s passing, the bulk of his estate was left to his three children. Around 40% of his estate was allocated to them, with each child receiving an equal share. This inheritance came from his massive fortune, which includes valuable assets like his music catalog, real estate properties, and various investments. Michael also left a portion of his wealth to support his mother, Katherine Jackson, who has acted as a primary caretaker for the children.
The Jackson children also benefit from the revenue generated by the ongoing licensing of Michael’s music and the success of projects like MJ: The Musical. These ventures, which highlight their father’s music and legacy, continue to generate substantial income, contributing to the overall wealth of Michael Jackson’s kids.
What Are the Major Sources of Income for Michael Jackson’s Kids?
While inheritance is a major factor in the net worth of Michael Jackson’s kids, they also earn income through various personal and business endeavors. Below is a detailed breakdown of each child’s major sources of income:
- Prince Michael Jackson:
Prince has diversified his income sources through business ventures like his production company and his involvement in charitable work. He also works with media companies, contributing to content creation and television hosting. His entrepreneurial spirit ensures he has a stable income, in addition to the wealth from his father’s estate. - Paris Jackson:
Paris has built a career in the entertainment industry as a model, actress, and musician. She has made money from campaigns with top fashion brands like Chanel and Vivienne Westwood. As a singer-songwriter, Paris has released her own music, which has helped boost her wealth. Additionally, her social media presence and advocacy work contribute to her income. - Bigi Jackson:
While Bigi has stayed out of the public eye, he likely still receives income from the Jackson estate, which continues to earn through licensing and royalties. It is not publicly known if Bigi has pursued other ventures like his siblings, but his inheritance remains a significant part of his wealth.
Comparison Table: Net Worth of Michael Jackson’s Kids
Name | Estimated Net Worth | Major Sources of Income |
Prince Michael | $100 million | Business ventures, production, TV hosting |
Paris Jackson | $100 million | Music, modeling, acting, endorsements |
Bigi Jackson | $75 million | Inheritance from Michael Jackson’s estate |
How Did Michael Jackson’s Estate Contribute to Their Net Worth?
Michael Jackson’s estate plays a crucial role in the financial status of his children. When he passed away, the estate was deeply in debt, but thanks to the efforts of his executors, it has since turned into one of the most successful estates in the entertainment world.
The estate continues to earn revenue from Michael’s music catalog, including his 50% stake in Sony/ATV, which owns the rights to numerous legendary artists’ music. This ongoing income, along with the success of the MJ: The Musical and other projects, is a major source of wealth for Michael Jackson’s kids.
The estate’s success also stems from the continued popularity of Michael Jackson’s brand, which includes merchandise, music royalties, and licensing deals. This legacy ensures that his children are well taken care of financially.
Comparison Chart: How Michael Jackson’s Estate Generates Revenue
Revenue Source | Annual Earnings | Description |
Music Royalties | $50 million | Earnings from Michael’s music catalog |
Sony/ATV Licensing | $100 million | Revenue from the music licensing company |
MJ: The Musical | $85 million | Earnings from the Broadway show |
Conclusion
The net worth of Michael Jackson’s children is a reflection of both their father’s legendary legacy and their individual achievements. While Prince, Paris, and Bigi all inherited substantial wealth, they have also worked to carve out their own careers, contributing to their financial independence.
Their father’s estate continues to thrive, with projects and royalties ensuring that his legacy lives on. As the years go by, Michael Jackson’s children will continue to enjoy the fruits of their inheritance while making their own impact in the entertainment industry.
FAQ’s
- What is Prince Michael Jackson’s net worth?
Prince Michael Jackson has an estimated net worth of $100 million, primarily from his inheritance and business ventures. - How much money did Michael Jackson leave to his kids?
Michael Jackson left 40% of his estate to his children, with each child receiving an equal share of the inheritance. - What is Paris Jackson’s net worth?
Paris Jackson has an estimated net worth of $100 million, from her music, acting, and modeling careers. - What is Bigi Jackson’s net worth?
Bigi Jackson’s net worth is estimated to be $75 million, largely from his father’s estate. - How much does Michael Jackson’s estate earn annually?
Michael Jackson’s estate earns around $115 million annually, from music royalties, licensing, and projects like MJ: The Musical.