by Abu Mubarik, Face2FaceAfrica.com
The Jackson family is arguably one of the most famous families in the world with power and influence. The Jackson family consists of the nine children of Joseph and Katherine Jackson, who were born and raised in the Midwestern industrial city of Gary, Indiana.
The family built its foundation on music. Joseph, a mill crane operator, and one-time rhythm blues guitarist, would drive his five oldest sons to practice music for three hours a day. The brothers eventually started performing in local talent constants. In no time, they became household names.
Known as the Jackson 5, they signed with Motown, the black-owned Detroit recording company. The record label took charge of the group, selecting their songs, and managing their performances as well as the right to their name.
They released their first single I Want You Back in 1969 followed by AC in 1970. The singles also brought out Michael’s unique vocals but the group eventually broke with Motown and signed with Epic, which offered them five times more in royalties. They also rebranded to the Jacksons because Motown owned the name Jackson 5.
Later, some members of the Jacksons began to pursue solo careers. This path saw the emergence of pop icon Michael Jackson and his sister Janet Jackson. Over the course of their music career, the Jackson family accumulated a massive fortune. Face2Face Africa explores how rich each member of the Jackson family is, based on speculative estimates from various sources.
Micheal Jackson estate
Michael Jackson is the most popular of the Jackson family. Even in death, his influence has not waned. Prior to his death, Michael was reportedly worth $500 million. Now his estate is said to be worth $111 million, according to a 2021 court ruling.
MJ reportedly left in his will 40 percent of his assets to his three children to split equally amongst them. Twenty percent was also left to children’s charities while the remaining 40 percent went to his mother, Katherine.
Janet Jackson
Janet Jackson – singer, actress, producer, and choreographer – has been in the entertainment limelight for over forty years. Although her exceptional talent has earned her accolades and great success as a global icon within the entertainment industry, some fans only recognize her as Michael Jackson’s sister.
A decade ago, it was widely reported that she had hit the billionaire status. But the report was disputed by Forbes. She was married to a billionaire businessman, Wissam Al Mana, however, they divorced in 2017 after the birth of their first child. It is speculated that she has a net worth of $190 million.
Katherine Jackson
Their mother inherited 40 percent of MJ’s wealth, which reportedly translates into $100 million. The matriarch receives a stipend of US$67,000 a month from the Michael Jackson estate, according to court documents released following MJ’s death.
Paris Jackson
Paris Jackson is the daughter of MJ. In 2018, she created the folk band The Soundflowers with Gabriel Glenn. In 2020, they released a self-titled EP. What is more, she also started acting and in 2018, she starred in the movie Gringo and 2021’s American Horror Stories series. Although Paris Jackson is doing well for herself in the creative space, her net worth (speculated at $100 million) is largely due to the 40 percent inheritance her father left for her.
Prince Jackson
The eldest child of MJ, Prince worked as a reporter for Entertainment Tonight in 2013. That same year, he acted in the 90210 reboot. Prince is a graduate of Loyola Marymount University with a business degree. His net worth is reportedly $100 million.
Bigi (Blanket) Jackson
Bigi (Blanket) Jackson has often stayed away from the media spotlight. He made headlines when he bought himself a fancy house at the cost of $2 million in Calabasas, California at 18. His net worth is also reportedly $100 million.
Jermaine Jackson
Jermaine Jackson is said to have a net worth of $5 million. He is widely known as a member of the Jackson 5 who also released 14 solo albums. He also started making regular guest appearances on TV as a panelist.
La Toya Jackson
La Toya Jackson is another member of the Jackson family with a reported net worth of $4 million. Over the years, she has worked as a singer, songwriter, and actress. She has been a guest judge on America’s Next Top Model and also starred in the movie The Last Sharknado: It Was About Time.
Tito Jackson
Tito Jackson was a member of the famous Jackson 5. He later managed his family group featuring his three sons, 3T before returning to music, performing as a blues musician. His net worth is reported to be $2 million.
Rebbie Jackson
Although Rebbie Jackson took clarinet, piano, and dance lessons as a child, she showed little interest in music as a career. But like many of her siblings, she eventually released a solo album in 1984. Her net worth is speculated to be around $2.5 million.
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