Despite Michael Jackson’s enormous success, the “King of Pop” was worth a negative $500 million at the time of his death. However, the star’s estate continues to rake in millions each year from royalties and other business interests.
According to Page Six, Jackson’s children receive a whopping $8 million from their father’s estate each year. After his death, each child received the best academic and personal care (including a stay in hospice for daughter Paris to help her recover).
In addition to the annual check, Paris and her two brothers are also in line to inherit a huge lump sum when they turn 33, when they will each inherit an equal portion of their father’s half of his estate, which is now estimated to be around $2 billion under the careful management of creditors.
Jackson was careful to ensure that each child learned to manage a small personal fortune before receiving their true share of the estate. Upon reaching 40, the children would inherit the remainder of the estate.