< Back to all clusters
[CULTURE] · United States · 2 sources

started · updated

Michael Jackson estate details 2024 spending for heirs

A 2024 financial report released by the estate of Michael Jackson details significant expenditures benefiting his heirs, including his children—Prince, Paris, and Bigi Jackson—and his mother, Katherine Jackson.

According to documents presented by estate administrator John Branca, the funds covered a wide range of costs such as taxes, legal fees, property maintenance, travel, and various personal expenses. Paris Jackson received approximately US$ 6.3 million, which included travel costs and significant funds for home repairs and conservation. Prince Jackson received roughly US$ 6.4 million, a large portion of which was allocated to taxes. Bigi Jackson was allocated approximately US$ 3.1 million for various expenses, including 2023 taxes.

The report highlights that even 17 years after the singer's death, the estate continues to manage and distribute substantial sums to support the family's lifestyle and legal obligations.

Entities

Bigi Jackson · Katherine Jackson · Michael Jackson · Paris Jackson · Prince Jackson