KATHERINE JACKSON RECEIVED OVER $55M SINCE MJ’S DEATH … So Claims His Estate
Since Michael Jackson died in 2009, his mother, Katherine Jackson, has reportedly accumulated a significant fortune, totaling over $55 million, according to claims made by MJ’s estate. The estate asserts that Katherine receives a monthly allowance exceeding $160,000 and other cash payments totaling $33 million. Additionally, the estate has spent over $15 million on Katherine’s luxury home, transportation, and other amenities like a private gardener, chef, and security.
This financial information has been revealed as part of an ongoing dispute over attorney’s fees that Katherine is attempting to have covered by the estate. The estate argues that Katherine can afford her legal representation, especially as she appeals against a business deal the estate made, possibly related to selling half of MJ’s music catalog to Sony for a substantial sum.
Michael’s son, Blanket, recently withdrew his support for Katherine’s appeal, indicating that he believes she should bear her own legal costs. Katherine’s response to these claims has yet to be made public.
For more information see Alvaro Puig “Katherine Jackson received over $55M since MJ’s Death… So claims his estate”, TMZ, March 21, 2024.
Special thanks to David S. Luber (Florida Probate Attorney) for bringing this article to my attention.