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Did Michael Jackson leave any money to his siblings?
Debbie got the custody of their children along with a settlement of $8 million. He also had another son named Blanket Jackson using surrogacy. The other 40% was left to his mother Katherine while the remaining 20% of his assets were left to various children’s charities.
Was Michael Jackson a billionaire before he died?
While Jackson’s executors placed his net worth at the time of his death at just over $7 million, the IRS estimated it at $1.125 billion, according to documents filed in 2014 with the U.S. Tax Court in Washington.
Did Michael Jackson like his family?
“I never saw a more doting father in my life,” Mesereau told me. “Absolutely loved his kids, and they loved him. You really watched him with his kids and you didn’t see a selfish narcissist or a celebrity. You saw a very caring, giving father who wanted to be simple and quiet and teach his children about the world.”
Who received Michael Jackson money?
The heirs in question — sons Michael Joseph Jackson Jr. and Prince “Blanket” Jackson II, and daughter Paris — however, are set for life. According to Life & Style Magazine, each of the children receives an $8 million allowance yearly. When the children turn 33, they will each acquire equal shares of half the estate.
Was Michael Jackson’s life sad?
He may have been the world’s most famous pop star, but Michael Jackson was a sad, lonely figure who lived for his children and longed for a more normal life. So say his two bodyguards, Bill Whitfield and Javon Beard, who were with him virtually 24/7 during the last two-and-a-half years of his life.
Why did the Jacksons break up?
As may be expected, Michael Jackson left The Jacksons when his solo career took off, and he wanted to focus on that. Not long after, their younger brothers Marlon and Michael joined up, and they started performing in high schools, shopping malls and at talent shows in their hometown of Gary, Indiana.