How Much Money Did Katherine Jackson Get From Michael Jackson?

According to the terms of Michael’s will, he left a 40% interest in his estate to his mother. He left 40% to his three children, Paris Jackson, Prince Michael Jackson and Blanket Jackson. The remaining 20% was set aside to benefit various children’s charities. Upon Katherine’s death, her 40% will go to Michael’s kids, eventually giving them a total of 80% (26.7% each).

In 2018 it was reported that Katherine’s health was in decline and that some of her children and grandchildren were “jockeying for position” to get their hands on more of her money.

One source reported that Jackson was receiving a stipend of $67,000 a month from the Michael Jackson estate, but that virtually all of it went to her children and grandchildren, including a reported $37,000 per month to LaToya and Rebbie Jackson, while Jermaine Jackson was said to be getting $12,000 a month. And a few of her grandkids were rumoured to be getting some $10,000 per month to cover rent.

At the time of Michael’s death in 2009, his estate was technically in debt to the tune of $500 million. Over the ensuing years, his estate lawyers, led by John Branca and John McClaine, performed a miraculous financial comeback that has generated over $2 billion. For example, in 2016, they sold Michael’s 50% share in the famed Sony/ATV music catalogue, which owns most of the Beatles’ biggest hits among many many other tracks, for $750 million. In February 2024, they sold a 50% stake in Michael’s Mijac Music company for $600 million. That catalogue owns Michael’s own tracks, as well as thousands of other songs from artists like Sly and the Family Stone and Ray Charles.