Michael Jackson and Kids

Non Hip-Hop Rumor: Are Michael Jackson’s Kids Broke?

Michael Jackson’s estate has made a reported $600 million in the three years since his death, but according to the NY Daily News, the trust that he has left his three children remains on zero.

MJ left this earth with a huge amount of debt, and all of that debt has to be paid for before his children will see a dime. They are currently living on a family allowance given to MJ’s mom and their legal guardian, Katherine Jackson.

But don’t feel too bad for the kids yet. The family’s monthly allowance is $70,000, more than most people make in a year. In addition, once the lawyers settle MJ’s debt, the three children are set to skate away with hundreds of millions of dollars.

On Michael’s orders, Prince, Paris, and Blanket will each have to wait until they’re 21 to touch their riches — but by then, they will land whopping regular handouts. They get lump sums at ages 30, 35 and 40, the trust states. Blanket could get a reported $250 million when he turns 40 years old. Talk about being born with a silver spoon in your mouth!

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15 Responses to “Non Hip-Hop Rumor: Are Michael Jackson’s Kids Broke?”

  1. DiscoverDior.com

    If Micheal wrote that will himself then he is a smart man….Let’s see these kids get a job and add to society first and understand the struggle of bringing in an income before they become eligible…..So I guess these kids have to wait untill they are at a certain age to understand what to do with all that cash….If they are really smart they would be cashing in on the family brand for now and perhaps when it’s time for the grand payout they won’t be so needy.

    • hoeyuno

      These kids will never have to work. They’ll get picked up by disney and made into the next hannah montanas… And maybe one day someone will ask these kids to take a dna test.

      • Smashit

        You so f’ked up but dead ass right lmao
        The only one that could really be his is Blanket – he look exactly like Mike when he first started plastic surgery & skin peels

    • DiscoverDior.com

      I argee, if anyone of those kids were really his at least one of them would have gotten some kind of talent from him….All that greatness from you’re so-called Dad and not one of them gained any skill and or talent?

      • mjfriend

        …cause ur with them on a daily basis, and u know them–so ur perfectly qualified to make those assumptions, right? NOT! keep on dreamin. whether they HAVE or HAVE NOT any talent isn’t yours nor my business & besides, the will didn’t state “if the children have talent they will get X amount, and if they dont…

    • KingsCountyCrooklyn

      he set the age limit for the awards just incase any of them damn kids start to turn dark skinned and look like the original MJ, they would automatically become dis-qualified from those proceeds…….

  2. hoeyuno

    I don’t think mike had plastic surgery done on his dna. So that would make these kids mulatto???!!!???…… On another note I am glad the name blanket didn’t catch on.

  3. goldenboyb616

    u cant be broke living off 70 racks amonth 1 million will get u intrest of 50 racks a yr folks lets be clear M>J was no dummy. he owned the beattles music.lol

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