{"id":87876,"date":"2025-10-21T02:21:07","date_gmt":"2025-10-21T02:21:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/87876\/"},"modified":"2025-10-21T02:21:07","modified_gmt":"2025-10-21T02:21:07","slug":"how-paris-jackson-is-spending-her-65m-inheritance","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/87876\/","title":{"rendered":"How Paris Jackson Is Spending Her $65M Inheritance"},"content":{"rendered":"

\n\tParis Jackson<\/a> isn\u2019t like most 27-year-olds trying to establish their career while paying the bills because she has Michael Jackson<\/a>\u2018s estate to lean on.<\/p>\n

\n\tThe model has been engaged in a legal war<\/a> with the estate\u2019s lawyers claiming that they were receiving \u201cpremium payouts\u201d from her late father\u2019s fortune. The attorneys, John Branca and John McClain, hit back at her on Oct. 9, revealing she \u201chas received roughly $65 million from the Estate in benefits,\u201d per documents obtained by E! News<\/a>. <\/p>\n

\t\t\t<\/p>\n

\t\t\t\t\t\t\"Priscilla<\/p>\n

\tRelated story<\/p>\n

\t\t\t\t\tPriscilla Presley Reveals Which of Lisa Marie\u2019s A-List Husbands She Found \u2018Manipulative\u2019\t\t<\/p>\n

\t\t<\/a><\/p>\n

\n\tTheir point is that the Jackson estate was in $500 million of debt when the King of Pop passed away in July 2009. Without their expertise, Paris wouldn\u2019t have had access to such funds \u2014 per Investment News<\/a>, the estate is worth nearly $2 billion.<\/p>\n

\n\tNow, her family is reportedly worried about Paris \u201cblowing through [money]<\/a> faster than Michael ever did,\u201d according to a source who spoke to Rob Shuter\u2019s Naughty But Nice <\/a>Substack. \u201cThe girl\u2019s living like a rock star,\u201d they alleged. \u201cPrivate jets, designer clothes, five-star trips \u2014 she\u2019s burning through millions.\u201d<\/p>\n

\t\t\t\t\t\t\"Paris<\/p>\n

\t\t\t\t\tParis Jackson and Prince Jackson at the 75th Annual Tony Awards held at Radio City Music Hall on June 12th, 2022 in New York City.<\/p>\n

\t\t\t\t\t\t\t\t\tMichael Buckner\/PMC<\/p>\n

\n\tThe Jackson estate attorneys believe that Paris \u201chas benefited more than anyone<\/a>,\u201d including her older brother Prince, 28, and her younger brother, Bigi, 23. During a one-year period from January 2021 to December 2021, Paris received an allowance of $3,273,681 for monthly rent payments of $18,500, $26,000 for travel, and over $123,000 to a music production company, per Us Weekly.<\/a><\/p>\n

\n\tIn comparison, Prince\u2019s allowance totaled $2,128,511.38 to cover tuition, legal fees, and taxes for the year. Bigi was given $1,053,085.99, which included the expenses related to the home the Jackson estate bought for him. Paris and her lawyer are challenging specific payouts in 2018, involving \u201cuncaptured time<\/a>\u201d and they want accountability.<\/p>\n

\n\t\u201cDuring this [six-month period] alone in 2018, Executors request that the Court approve $625,000 in payments to three law firms for what they say is uncaptured time, without explanation as to why counsel was incapable of recording unbilled time, or why such a failure should not preclude payment,\u201d Paris\u2019 lawyers argued. \u201cEven worse, these payments appear, at least in part, to consist of lavish gratuities bestowed upon already well-compensated counsel.\u201d<\/p>\n

\n\tThe fight is solely between Paris and the Jackson estate. Her brothers are currently not co-parties in the lawsuit.<\/p>\n

Before you go, click here<\/a> to see photos of Michael Jackson\u2019s kids over the years.<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Paris Jackson isn\u2019t like most 27-year-olds trying to establish their career while paying the bills because she has…\n","protected":false},"author":2,"featured_media":87877,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,60030,60031,268,85,46,24905,60032,266,267],"class_list":{"0":"post-87876","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-celebrity-finances","10":"tag-celebrity-lawsuits","11":"tag-finance","12":"tag-il","13":"tag-israel","14":"tag-michael-jackson","15":"tag-paris-jackson","16":"tag-personal-finance","17":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/87876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=87876"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/87876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/87877"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=87876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=87876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=87876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}