Who Gets Michael Jackson’S Money Now? The Estate’S Beneficiaries

When Michael Jackson passed away, he left his entire estate to his mother, Katherine Jackson, and his three children, Paris, Prince, and Blanket. Katherine was also appointed as their legal guardian.

After Michael’s passing, a legal battle ensued regarding the estate’s distribution. The court appointed John Branca and John McClain as co-executors of the estate. They have managed the estate and its assets very well. The estate’s primary goal is to secure a stable future for Michael’s children by ensuring they receive a substantial portion of the inheritance, while ensuring the estate remains financially secure and continues to generate income.

The estate’s assets include Michael’s music catalog, which generates significant income through royalties. The music catalog is considered one of the most valuable assets in the entertainment industry and continues to earn substantial revenue from record sales, streaming services, and licensing agreements. The estate also owns other valuable assets such as real estate, art collections, and intellectual property rights. The estate’s income is used to pay for the children’s education, living expenses, and other needs. It also contributes to various philanthropic causes that Michael supported during his lifetime.

The estate’s financial management is overseen by a team of experienced professionals who ensure the funds are used responsibly and ethically. The estate has been very successful in generating revenue and managing its assets, ensuring a secure financial future for Michael’s children. This has allowed the children to live a comfortable life, pursue their education, and engage in their personal interests, while honoring their father’s legacy.