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Michael Jackson's Kids Will Get $33 Million Each

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Michael Jackson's will has been revealed and he is leaving 40% of his estate, which is over $33 million to each one of his children.

Prince, Paris, and Blanket will begin to receive their share of the money when they turn 30 so that their trust funds will increase in value, totaling to over $300 million.

His mother Katherine will receive another 40% of his estate, which totals to about $99 million and he left the remaining 20% to charity.

Sources say that some are surprised that he left out his brothers, sisters, and father, however a source says:

"Michael had fallings out with his father and brothers but, being the generous soul he was, it's almost unbelievable he left them with nothing. Michael's mother and his children were the dearest thing to him in his life, so he made sure that they would benefit when he died. In truth, those children will never have to want for anything - and that's what Michael wished for."

Who knew Michael had that kind of money left before he died??

[Image via WENN.]

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53 comments to “Michael Jackson's Kids Will Get $33 Million Each”



  1. 1

    Umm, how bout you check your articles for facts before you post? With the percentages you used, that would total 180%. I think you meant 20% to each kid, 20% to grandma over there, and the remaining 20% to charity.



  2. 2

    Lucky them.



  3. 3

    That doesn't even make sense. How can they get $33mil each which is 40% of the estate. 40% x 3 = 120%. I think what you meant was they are collectively getting 40% of his estate which is around $33mil each.

  4. chlyn says – reply to this


    4

    I thought he was broke. He was unable to pay anybody before his death.



  5. 5

    Way to go MJ………. give the old man dick….. LMFAO!!!!!!!!!
    Mario…..fuck yer looking fat these days!!!!!!!! LOL……… :o )



  6. 6

    $33 million will a shitload of tasers, Electric Blanket is gonna lit up like a fuckin' Christmas tree!



  7. 7

    People mj was a business man he would have NEVER left his children without money,he was clever with it and i applaud him for it,People how can he be broke when his assets were worth over a billion?
    We love u mj king of pop we will never forget you



  8. 8

    I thought he had no money.



  9. 9

    ”Who knew Michael had that kind of money left before he died??” Are you an idiot perez? Michael Jackson might have been in debt but assets were worth more than his debts esp the beatles cataloge which is worth 1.5 billion. And even tho he had debts he didnt sell his beatles cataloge becuase he knew he could pay them off. It was reported is 50 shows in london would have earned him $300 million! That would have more than cleared his debts. MJ was a smart man when he bought the beatles cataloge.



  10. 10

    Re: kaitsue – you should read more carefully. 40 percent is going to his children (CHILDREN plural) which is then divided three ways. 100 million to the kids, divided by 3 is approx 33 million each. Then another 40 percent goes to grandma, and 20 percent to charity. 40+40+20= 100



  11. 11

    Re: chlyn – no.. Mj was loaded, it's just that a lot of his money was put into the "Jackson trust fund" which couldn't be touched by people trying to get money from him. He wasn't broke… He just didn't pay off debts etc..
    He was worth at the time of his death about 300 million dollars



  12. 12

    Re: Long Dong Connery – What's up Teabag?



  13. 13

    [re=5070582]Re: michael jackson



  14. 14

    Theyre getting way more than that dummy. Plus, when Katherine passes away, that share of the money goes right back to them. So they actually get 80% of the estate

    The estate will be massive by the time theyre 30, they'll actually be getting about 300 million each

    Do some homework dumbass



  15. 15

    Katherine has 40%, and when she passes 20% goes to the kids and then the rest goes to charity, you were right you just didn't explain it properly.



  16. 16

    well done for copy and pasting that from the Daily Mail website that posted it 2 days ago, didn't even change the headlins…. smh. this site is going down fast.



  17. 17

    Of course MJ had money only the haters thought he was broke. His assets alone are well worth over $900 million despite his debt. And the children get the money over their life not all at once. They will have all their money by age 40! not 30 though they do get another part of their fortune at that age. MJ is smart and shows he's a good dad because he didn't want his children to have all this money at once. Smart move b/c they would defintely get screw over by family who pretend to care about them and other leechers. This way they can become responsible adults.



  18. 18

    …not bad for being fondled while you sleep by the King of Poop…



  19. 19

    Re: imagineallthepeople – Okay, I get it now, when you put it like that. However, that's not how it's stated in this article. It says "he is leaving 40% of his estate, which is over $33 million to EACH one of his children." The wording confuses the meaning of the sentence. But yes, you're correct, and that makes sense.



  20. 20

    Would have been a lot more if he didn't pay off the families and lawyers of his creepy child molester ways.



  21. 21

    He was one of the smartest business men ever!! Remember how he always said he outsmarted sony!!! Way to go Mj and love u sooooosoooooo much!!! The King of Pop forever



  22. 22

    yes perez…who would have thought…your a real eye roller to me… its just people like you who live off bad press and lies that would have thought… not everyone beleives what they read… this is a perfect example of that… oh and about the cyrus assumption about the jonas brother that i just read… ( see how long i remember the crap you read) anyways… maybe its just A SONG …and its not about anyone…your such a little girl … bye bitch …lol



  23. 23

    Re: kaitsue – you're confused he means 40%= 33mill for each kid not 40% for all of them



  24. 24

    Perez really thought that MJ was broke? Wow. Unfortunately Michael hired accountants that probably put money in their pockets instead of paying off MJs bills. How could anyone really think that he was broke when he had so many VALUEABLE assets?

  25. cozmo says – reply to this


    25

    Wasn't most of the money earned in the last year?



  26. 26

    That's wrong too. It's 40% to his children split between the 3 of them, 40% to his mother, and the remaining 20% to charity.

    Furthermore, it's not up to Micheal to support his entire damn family and his dad and brothers are like vultures circling around his estate. I'm sure Katharine will make her Will out to all her children.



  27. 27

    Good fot them



  28. 28

    Anyone who understand our business knows that Michael Jackson had great wealth. Wealth is different from cashflow. Do you know anything.

    Also. By leaving 40% to his mother MJ is indirectly making her executor of his estate because he knows she will take care of the family, hopefully in a responsible way. She is obviously the only one in the family that he trusted. And he has empowered her over his father which probably gave him some satisfaction.

    .



  29. 29

    just because you're broke doesn't mean you don't have assets. say you have $100 million in the bank but you have $200 million in liabilities. technically you're broke, but you still have a lot of money to play with.



  30. 30

    Re: kaitsue – yes agreed. the wording is terrible.. but mario/ perez is hardly known for being eloquent lol. but i am glad for the kids sake that they have been left an inheritance, and that some greedy family member didnt manage to steal it



  31. 31

    Wow. Congratulations to them! :)



  32. 32

    Who knew Michael had that kind of money left before he died? Are you serious? Is that a trick question? Michael Jackson is the KING of POP! He didn't just get that title unwarranted. He is literally the KING. The press always cried about how broke Michael was. Please! The needed to kill that noise a long time ago. The truth is that Michale was never broke. Michael Jackson owns half of Sony Music, including the Beatles catalog. Yep. That's right folks. Micheal Jackson OWNS the BEATLES! And as long as he owned that catalog, I knew he would never, ever broke and this latest news makes that all the more clear. Way to go Michael for making sure that your mother and children were well cared for. Now rest in peace sweetheart…

  33. JCPR says – reply to this


    33

    daaaaaaamnnnnnnnnnn they have to wait to turn 30 to get that money that sucks!



  34. 34

    Who knew Michael had that kind of money left before he died??

    WELL…. of course you perez and the other haters knew it! but you just wouldnt admit it!! all you done before he died was put him down! Now its in black and white there is not much you can say really is there?
    as you and the haters was told over a year ago now on one of your MANY anti michael posts… MJ was loaded!!!!!!!!!!!!!!!!!!!!!!!!!! and now his children are set up for life! which of course we knew they always would be!
    funny how the haters THINK they know it all… but when there is a post like the one above they are no-where to be seen…
    Way to go MJ… he was always too smart for most! not only was he an extremley talented singer, songwriter and performer, he was also a very clever buisnessman!
    THE KING!!!



  35. 35

    Re: wwefan01 – Theyre getting way more than that dummy. Plus, when Katherine passes away, that share of the money goes right back to them. So they actually get 80% of the estate

    The estate will be massive by the time theyre 30, they'll actually be getting about 300 million each

    Do some homework dumbass

    Katherine's share will go to whoever she has stipulated to get her money per her Will, and if she has no Will….ALL TO JOE!



  36. 36

    how come they have to wait until they turn 30??



  37. 37

    And they deserve every single nickel for having been brought up in that mess by a self-hating homo who couldn't procreate the old way, who was a junkie who couldn't stop his addiction for the sake of his children and left them with the very lunatic family that created the monster he became. I wish they'll still be alive by the age of 30 with all the traumas they'll have to surpass.



  38. 38

    As long as the mother benefits, the others who were left out won't be left out for long. While Kathereine has the money while alive, Joe will benefit. When she's dead, all of her children + some will benefit. Michael chopped it up right.

  39. @v@ says – reply to this


    39

    A news anchor said that if Katherine passes, that her $99 million reverts back to Michael's children. If it's hers, I wonder if that precludes her from leaving a living amount to MJ's brothers and sisters before she makes her exit.



  40. 40

    Re: kaitsue
    I know many other people have already corrected you, but I'm just baffled how you could have been so confused by that article. The 3rd sentence clearly says 40% = $99 million, yet for some reason you think $33 million is 40%. I don't think even Perez is dumb enough to post percentages that add up to 180%.



  41. 41

    Re: rejco100

    Do some homework dumbass

    Katherine's share will go to whoever she has stipulated to get her money per her Will, and if she has no Will….ALL TO JOE!

    Uh….. whoever wrote this is wrong. The will stipulates that Katherine gets $99million in her lifetime and anything left when she dies goes back to the children. She is not permitted to leave that money to anyone. That is a well known stipulation in this will.



  42. 42

    Re: @v@ – "A news anchor said that if Katherine passes, that her $99 million reverts back to Michael's children."
    -
    I had read that as well…



  43. 43

    Re: ZestyFuzz – Personally, I don't think that one sentence should depend on another to make you understand FACTS. But that's just me. All I'm saying is that he could have been clearer…but from what I'm reading, he just copied and pasted this article. Then again, I've never really thought of Perez as a "serious journalist."



  44. 44

    Re: lacey1 – just reading what u said gives me chill. he OWNS the beatles (aka like the greatest band in the world). fuck that man was the greatest….correction is and will always be. OWNS people OWNS the beatles!! fucking awsome!



  45. 45

    Re: lakerfan100 – Um, legaly you wont be playing with any of that money, because it belongs to the creditors not yourself. And if you do happen to, you will be paying off your creditors later + interest.



  46. 46

    I am not sure who worked out the increase of their trusts funds to $300 million when they turn 30. Was it based on inflation, equity markets, proposed interest rates? Anyway.
    Yes to all you haters, Michael was a very smart businessman and he definitely would have known what he was doing to make sure his children would be well looked after.
    Has anyone seen the petition going around to get John Branca investigated, due to all the inconsistencies in the will, and the fact that he was fired by MJ in the 2000’s? Now he is somehow the executor of Michael’s estate and he is selling MJ’s music to Sony, when we all know how much Michael hated Sony.



  47. 47

    Re: Assanis – Who are you talking about? They were brought up by Michael Jackson their father since they were babies. I am not sure where you have got this awfully twisted story from which sounds like he they adopted them 2 years ago from some sick foster home.
    Anyway, maybe you should read some posts about celebs you actually know about rather, you are clearly very lost here.



  48. 48

    "Who knew Michael had that kind of money left before he died??"

    You didn't know anything about Michael before he passed away because you spent to much of your time scrutinizing and belittling him. His kids, Mrs. Katherine, the charities he supported, and any other person he choose deserves any and everything that Michael he for them.



  49. 49

    Man, it sure pays to be born lucky!



  50. 50

    Most people knew he had that kind of money left and more. He have have had debts, but his net assets were greater than his debt. We're talking about MJ here… one of the greatest! He was hugely successful…and still is!



  51. 51

    FYI. What this means is that Michael had about $248,000,000 in net wealth (probably more) that he left to his kids, Mother and Charity. 80% went to his children and mother (the 3 kids split $99 million and his Mother gets $99 million). The remaining 20% (or about $50 million) he left to charity.

    The share for the children will probably be worth more like $300 million when they are of age to get it, so they're actually getting about $100 million each.



  52. 52

    When you own the Beatles catalogue, how the fuck can you be broke? Never really believed that, but I'm very happy his children have been very well provided for, but what pricey carnage he also left them because of his selfish, irresponsible drug habit. I know you loved your kids Michael Yes, but for fuck's sake! Too late now.



  53. 53

    Doesn't add up. I think the kids should get everything. His whole family is shit. His mother let all of the kids get beat by the father. Fuck her fuck his father and his brothers and sisters. Janet used his death to lift her career-GROSS.