Jermaine Jackson Net Worth 2022 – How Did He Get Rich?

Jermaine Jackson Net Worth 

Jermaine Jackson has an estimated net worth of $70 million. Jermaine Jackson was a member of the Jackson 5 music group and brother to Michael Jackson. He earns most of his income from album sales, concerts and music streaming. 

Jermaine Jackson, the fourth of ten children, was initially the lead singer and rhythm guitarist for The Jackson 5, but then switched to bass and background vocals. Jermaine parted ways with the group when it went to CBS, but rejoined in 1984 for a successful tour. After overcoming the rift between himself and his brother Michael, Jermaine spoke at the memorial service for his brother in 2009.

To calculate the net worth of Jermaine Jackson, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Jermaine Jackson
Net Worth: $1.5 Million
Monthly Salary: $70 Thousand
Annual Income: $1 Million
Source of Wealth: Musician, Record producer, Singer-songwriter, Author, Dancer, Bassist, Composer

Early Life & Siblings

Jermaine La Jaune Jackson was born in Gary, Indiana, on December 11, 1954, to Katherine and Joseph Jackson. Jermaine was the fourth of ten children; Katherine was an aspiring pianist and singer, and Joseph briefly played guitar with his brother in their band, The Falcons. Music was their passion, but it didn’t pay the bills. So Joseph worked at US Steel to support his family, while Katherine stayed at home and raised the children.

Jermaine and his brothers Tito and Jackie practiced their own songs on their father’s guitar while their father worked long hours as a crane operator. After Tito accidentally broke a string on his father’s instrument, the trio was forced to admit to their late-night practice sessions.

Joe, enraged, demanded that the boys demonstrate their musical abilities. He recognized the boys’ potential and began encouraging them to perform as a group after being impressed. In 1964, Jermaine and his two older brothers formed The Jackson Brothers. Jermaine’s younger brothers Marlon and Michael had also joined by the end of 1965, forming The Jackson 5.

The Jackson 5

The Jackson 5 began taking their performances more seriously after Jermaine and the group won a talent contest at brother Jackie’s high school. After several years as the rhythm guitarist and lead singer, Jermaine transitioned to back-up singer and bassist.

Jermaine and his brothers worked long hours and performed in a variety of low-rent nightclubs before landing a spot in the prestigious Amateur Night competition at Harlem’s Apollo Theater. The group won the competition, which impressed Motown CEO Berry Gordy, who signed them to a record contract in 1968. The group was enormously successful, with their first four singles reaching No. 1 on the Billboard charts.

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Songs as a Solo Artist

Jermaine began a solo career in 1972, while still a member of The Jackson 5. During this time, he married Gordy’s daughter, Hazel, a year later. When The Jackson 5 left Motown for CBS Records, Jermaine left the band and remained loyal to Motown.

Jermaine’s solo career was fairly successful in the late 1970s and early 1980s; his 1980 album Let’s Get Serious was nominated for a Grammy Award, and songs like “Daddy’s Home,” “Feel the Fire,” and “Let’s Get Serious” all charted at the top of Billboard’s Hot 100. Despite his success at Motown, Jermaine left in 1983 for Arista Records, where he had hits like “Do What You Do” and “Dynamite.”

Life with the Jackson Family

Victory Tour

In 1984, he re-joined the Jacksons for the first time since 1975 to perform the Victory tour, which was named after the Jacksons’ newly released album Victory. Their reunion shows grossed $75 million, breaking the record for the highest-grossing tour at the time.

Jermaine has only released a few songs since then. When his song “Word to the Badd” was released in 1991, it sparked outrage. With lyrics like “Once you were made/ You changed your ways/ Even told me lies/ Could not trust you/ Still I loved you,” the song reads as an open attack on his brother Michael’s overwhelming success as a pop star. Following the release of the single, Michael and Jermaine met privately to mend their brotherly rift. Although the song was not removed from the airwaves, Jermaine rewrote the lyrics and altered the meaning of the song.

‘The Jacksons: An American Dream’ Mini-series

In 1992, he produced The Jacksons: An American Dream, an award-winning miniseries about The Jackson 5. In the film’s early scenes, his son played him.

Michael Jackson’s Death

During his brother Michael’s child-abuse trial in 2005, Jermaine testified in his brother’s defense. He publicly defended Michael on news shows like Larry King Live and appeared in court with him. Jermaine was the brother who announced Michael’s death on June 25th, 2009. He later told reporters that he wished his life had been taken instead.

He also claimed to be Michael’s father “…strength. Someone who will be there for him. I was there, and he was like Moses in that I would say things he couldn’t.” Jermaine, along with his brothers, served as pall bearers at Michael’s funeral service at the Staples Center in Los Angeles. He also gave an emotional rendition of Charlie Chaplin’s “Smile,” Michael’s favorite song, before breaking down in tears.

Wives and Children

Jackson divorced Hazel Gordy in the late 1980s, following an illegitimate child from an affair with Margaret Maldonado. He then stayed with Maldonado until 1995, when he married Alejandra Genevieve Oaziaza, the mother of two of Randy’s children. In November 2004, Jermaine filed for divorce from Alejandra. Halima Rashid became Jackson’s fourth wife three years later. The couple is currently residing in Los Angeles. Jermaine has eight children in total.

Further Reading

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How To Become Rich Like Jermaine Jackson?

Jermaine Jackson did not become rich by luck. To become as rich as Jermaine Jackson, you have to work smart.

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Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.

Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.

You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.

If you seize this golden opportunity in time, you can become as successful as Jermaine Jackson one day.

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